I also contribute to…
All entries filed under this archive
Daily analysis and trading strategies 6-16-10
1 response - Posted 06.16.10
Quote of the day: The place where optimism flourishes most is the lunatic asylum. -- Havelock Ellis EURUSD Trading strategy: standing aside The euro is well bid, holding gains near the 1.2365 resistance formed by the 61.8% retracement of 1.2670-1.1875. Short-term sentiment remains bullish and more upside action seems likely and support could ...continue
1 response - Posted 06.16.10
Quote of the day: The place where optimism flourishes most is the lunatic asylum. -- Havelock Ellis EURUSD Trading strategy: standing aside The euro is well bid, holding gains near the 1.2365 resistance formed by the 61.8% retracement of 1.2670-1.1875. Short-term sentiment remains bullish and more upside action seems likely and support could ...continue
Daily analysis and trading strategies 6-15-10
no responses - Posted 06.15.10
EURUSD Trading strategy: short at 1.2330, stop at 1.2390 (1% risk), objective at 1.2230 The euro pulled back from $1.2300 but maintains a bid tone - so far being supported into the 1.2200 region - backed by 1.2150 and 1.2100, lower. Short-term sentiment remains slightly bullish while trading above 1.2150 but extended ...continue
no responses - Posted 06.15.10
EURUSD Trading strategy: short at 1.2330, stop at 1.2390 (1% risk), objective at 1.2230 The euro pulled back from $1.2300 but maintains a bid tone - so far being supported into the 1.2200 region - backed by 1.2150 and 1.2100, lower. Short-term sentiment remains slightly bullish while trading above 1.2150 but extended ...continue
EURUSD, GBPUSD, AUDUSD, EURGBP and Gold outlook 6/14/10
no responses - Posted 06.14.10
EURUSD - 1.2287 The euro is rebounding as no news is good news in Europe - as the risk meters aren't flashing red the way they were earlier this month. Therefore, current euro recovery is not driven by good news but rather by the absence of bad news, so caution is ...continue
no responses - Posted 06.14.10
EURUSD - 1.2287 The euro is rebounding as no news is good news in Europe - as the risk meters aren't flashing red the way they were earlier this month. Therefore, current euro recovery is not driven by good news but rather by the absence of bad news, so caution is ...continue
Daily analysis and trading strategies 6/14/10
1 response - Posted 06.14.10
EURUSD Trading strategy: small long at 1.2130, stop at 1.2060 (0.5% risk), objective at 1.2250 The euro recovered 300 points last week, getting into a relatively safer territory above the 1.2000 handle with support freshly formed at 1.2150 - level which provided a stable bottom in the 2nd half of May. Below ...continue
1 response - Posted 06.14.10
EURUSD Trading strategy: small long at 1.2130, stop at 1.2060 (0.5% risk), objective at 1.2250 The euro recovered 300 points last week, getting into a relatively safer territory above the 1.2000 handle with support freshly formed at 1.2150 - level which provided a stable bottom in the 2nd half of May. Below ...continue
Daily analysis and trading strategies 6-11-10
no responses - Posted 06.11.10
Quote of the day: In Europe, it's different - you eat soccer, you breathe soccer, you drink soccer. Everything is about soccer. -- Thomas Dooley EURUSD Trading strategy: standing aside The euro continued its recovery, advancing higher against the dollar but upside remains capped at 1.2140/50 - former support. Intra-day support is now ...continue
no responses - Posted 06.11.10
Quote of the day: In Europe, it's different - you eat soccer, you breathe soccer, you drink soccer. Everything is about soccer. -- Thomas Dooley EURUSD Trading strategy: standing aside The euro continued its recovery, advancing higher against the dollar but upside remains capped at 1.2140/50 - former support. Intra-day support is now ...continue
Daily analysis and trading strategies 6-10-10
no responses - Posted 06.10.10
Quote of the day: Bad politicians are sent to Washington by good people who don't vote. -- William E. Simon EURUSD Trading strategy: standing aside Yesterday's top side is again under pressure as the euro recovered in overnight trading, following the NZD and AUD which rallied as New Zealand raised interest rate and ...continue
no responses - Posted 06.10.10
Quote of the day: Bad politicians are sent to Washington by good people who don't vote. -- William E. Simon EURUSD Trading strategy: standing aside Yesterday's top side is again under pressure as the euro recovered in overnight trading, following the NZD and AUD which rallied as New Zealand raised interest rate and ...continue
EURUSD, GBPUSD, Gold and USDCHF outlook
no responses - Posted 06.09.10
EURUSD Up 100 points from today's earlier trading levels - the euro managed to recover some ground finding interim support into the 1.1900-1.1950 region. Intra-day sentiment is bullish since it breached above yesterday's top around 1.2000, but current recovery is most likely corrective, hence normal in current market conditions - when ...continue
no responses - Posted 06.09.10
EURUSD Up 100 points from today's earlier trading levels - the euro managed to recover some ground finding interim support into the 1.1900-1.1950 region. Intra-day sentiment is bullish since it breached above yesterday's top around 1.2000, but current recovery is most likely corrective, hence normal in current market conditions - when ...continue
Daily analysis and trading strategies 6-9-10
no responses - Posted 06.09.10
EURUSD Trading strategy: small short at 1.2060, stop at 1.2130 (0.5% risk), objective at 1.1920. The multi-year bottom at 1.1875 stays in focus as the euro is consolidating into the 1.1900 - 1.2000 region, facing resistance on each attempt to recover some of the lost ground. Above 1.2000, next barriers are emerging ...continue
no responses - Posted 06.09.10
EURUSD Trading strategy: small short at 1.2060, stop at 1.2130 (0.5% risk), objective at 1.1920. The multi-year bottom at 1.1875 stays in focus as the euro is consolidating into the 1.1900 - 1.2000 region, facing resistance on each attempt to recover some of the lost ground. Above 1.2000, next barriers are emerging ...continue
Daily analysis and trading strategies 6-8-10
no responses - Posted 06.08.10
EURUSD Trading strategy: small short at 1.2060, stop at 1.2130 (0.5% risk), objective at 1.1920 The euro pulled back from recent bottom at 1.1875 but remains capped at 1.1980 - not far below the 1.2 handle. Important resistance is seen a bit higher - at 1.2150, while interim barriers are emerging at ...continue
no responses - Posted 06.08.10
EURUSD Trading strategy: small short at 1.2060, stop at 1.2130 (0.5% risk), objective at 1.1920 The euro pulled back from recent bottom at 1.1875 but remains capped at 1.1980 - not far below the 1.2 handle. Important resistance is seen a bit higher - at 1.2150, while interim barriers are emerging at ...continue
Daily analysis and trading strategies 6-7-10
no responses - Posted 06.07.10
EURUSD Trading strategy: short at 1.2040, stop at 1.2110 (1% risk), objective at 1.1900 Support at 1.2150 could not hold and was breached last Friday - the euro extending losses to as low as 1.1875 after today's open. Resistance is now in place around 1.2050 - formed by a downward trend line ...continue
no responses - Posted 06.07.10
EURUSD Trading strategy: short at 1.2040, stop at 1.2110 (1% risk), objective at 1.1900 Support at 1.2150 could not hold and was breached last Friday - the euro extending losses to as low as 1.1875 after today's open. Resistance is now in place around 1.2050 - formed by a downward trend line ...continue