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Daily outlook and trading strategies 08-25-09
no responses - Posted 08.25.09
EURUSD Trading strategy: long at 1.4205, initial stop at 1.4145, objective at 1.4275. Adjust stop to breakeven on +30 pips (at 1.4235) if reached The euro continues to orbit around the 1.4300 handle so far being supported into the 1.4275/80 zone. Intra-day charts show some signs of downside action as a descending ...continue
no responses - Posted 08.25.09
EURUSD Trading strategy: long at 1.4205, initial stop at 1.4145, objective at 1.4275. Adjust stop to breakeven on +30 pips (at 1.4235) if reached The euro continues to orbit around the 1.4300 handle so far being supported into the 1.4275/80 zone. Intra-day charts show some signs of downside action as a descending ...continue
US session update on EURUSD 08-24-09
1 response - Posted 08.24.09
EURUSD Trading strategy: stand aside The Euro is re-testing bids into the 1.4300 region at the time of writing this, after the failed attempt on climbing higher, past 1.4350. Today's trading has been quiet as the pair has moved into a range of 80 points which is half of Friday's range and ...continue
1 response - Posted 08.24.09
EURUSD Trading strategy: stand aside The Euro is re-testing bids into the 1.4300 region at the time of writing this, after the failed attempt on climbing higher, past 1.4350. Today's trading has been quiet as the pair has moved into a range of 80 points which is half of Friday's range and ...continue
Daily outlook and trading strategies 08-24-09
1 response - Posted 08.24.09
EURUSD Trading strategy: long at 1.4265, initial stop at 1.4215, objective at 1.4345. Adjust stop to breakeven on +30 pips (at 1.4295) if reached The trend line barrier into the 1.4230 region has been breached on Friday and the dollar fell to 1.4375 per euro, confirming that the correction from 1.4445 is ...continue
1 response - Posted 08.24.09
EURUSD Trading strategy: long at 1.4265, initial stop at 1.4215, objective at 1.4345. Adjust stop to breakeven on +30 pips (at 1.4295) if reached The trend line barrier into the 1.4230 region has been breached on Friday and the dollar fell to 1.4375 per euro, confirming that the correction from 1.4445 is ...continue
Trading strategies and daily outlook 08-21-09
no responses - Posted 08.21.09
EURUSD Trading strategy: stand aside or eventually attempt small long at 1.4110 if we get there, initial stop at 1.4050, objective at 1.4180 – adjusting stop to breakeven on +30 pips (at 1.4140) Yesterday's consolidation raises question marks over current bias as the consolidation range could be a recurrent pattern as seen ...continue
no responses - Posted 08.21.09
EURUSD Trading strategy: stand aside or eventually attempt small long at 1.4110 if we get there, initial stop at 1.4050, objective at 1.4180 – adjusting stop to breakeven on +30 pips (at 1.4140) Yesterday's consolidation raises question marks over current bias as the consolidation range could be a recurrent pattern as seen ...continue
Trading strategies and daily outlook 08-20-09
8 responses - Posted 08.20.09
EURUSD Trading strategy: stand aside or eventually attempt small long at 1.4160 if we get there, initial stop at 1.4110, objective at 1.4230 - adjusting stop to breakeven on +30 pips (at 1.4190) Yesterday's rally into the 1.4230/50 resistance zone occurred as anticipated and the said resistance is still valid. The ...continue
8 responses - Posted 08.20.09
EURUSD Trading strategy: stand aside or eventually attempt small long at 1.4160 if we get there, initial stop at 1.4110, objective at 1.4230 - adjusting stop to breakeven on +30 pips (at 1.4190) Yesterday's rally into the 1.4230/50 resistance zone occurred as anticipated and the said resistance is still valid. The ...continue
Trading strategies and daily outlook 08-19-09
1 response - Posted 08.19.09
EURUSD Trading strategy: short at 1.4230, initial stop at 1.4280, objective at 1.4160. Adjust stop to breakeven on +30 pips (at 1.4200) if reached The euro closed moderately higher on yesterday, recovering 70 points of recent losses.For what we saw on yesterday, it would appear odds favor an extended recovery towards the sloping ...continue
1 response - Posted 08.19.09
EURUSD Trading strategy: short at 1.4230, initial stop at 1.4280, objective at 1.4160. Adjust stop to breakeven on +30 pips (at 1.4200) if reached The euro closed moderately higher on yesterday, recovering 70 points of recent losses.For what we saw on yesterday, it would appear odds favor an extended recovery towards the sloping ...continue
Daily outlook and trading strategies 08-18-09
1 response - Posted 08.18.09
EURUSD Trading strategy: short at 1.4260, initial stop at 1.4320, objective at 1.4160. Adjust stop to breakeven on +30 pips (at 1.4230) if reached Current recovery to 1.4135 is not enough to switch bias and signal uptrend's resumption and downside pressure remains high for now. Overcoming the whole 1.4130-1.4170 region and closing ...continue
1 response - Posted 08.18.09
EURUSD Trading strategy: short at 1.4260, initial stop at 1.4320, objective at 1.4160. Adjust stop to breakeven on +30 pips (at 1.4230) if reached Current recovery to 1.4135 is not enough to switch bias and signal uptrend's resumption and downside pressure remains high for now. Overcoming the whole 1.4130-1.4170 region and closing ...continue
EURUSD US session update 08-17-09
no responses - Posted 08.17.09
EURUSD Trading strategy: stand aside or maybe small long at 1.3980, initial stop at 1.3930, objective at 1.4050. Adjust stop to breakeven on +30 pips (at 1.4010) if reached The euro continues to push South of this week's open rates, trading near 1.4050 while writing this, almost 100 points below the levels ...continue
no responses - Posted 08.17.09
EURUSD Trading strategy: stand aside or maybe small long at 1.3980, initial stop at 1.3930, objective at 1.4050. Adjust stop to breakeven on +30 pips (at 1.4010) if reached The euro continues to push South of this week's open rates, trading near 1.4050 while writing this, almost 100 points below the levels ...continue
Daily outlook and trading strategies 08-17-09
2 responses - Posted 08.17.09
EURUSD Trading strategy: stand aside Last failed attempt against 1.4300 on Friday negates the end of the corrective phase and the euro is back into the lower side, testing bids into the 1.4130 region at the time of writing this. As seen on the chart below, trend line support into the 1.4125 ...continue
2 responses - Posted 08.17.09
EURUSD Trading strategy: stand aside Last failed attempt against 1.4300 on Friday negates the end of the corrective phase and the euro is back into the lower side, testing bids into the 1.4130 region at the time of writing this. As seen on the chart below, trend line support into the 1.4125 ...continue
Daily outlook and trading strategies 08-14-09
no responses - Posted 08.14.09
EURUSD Trading strategy: stand aside Yesterday's rally has been limited into the 1.4325 region - 15 points below my 100 points target on the long position @1.4240 - I still hold the position with stop @breakeven / currently at +25 points, hoping that 1.4330 will be targeted again. Since the euro couldn't ...continue
no responses - Posted 08.14.09
EURUSD Trading strategy: stand aside Yesterday's rally has been limited into the 1.4325 region - 15 points below my 100 points target on the long position @1.4240 - I still hold the position with stop @breakeven / currently at +25 points, hoping that 1.4330 will be targeted again. Since the euro couldn't ...continue