I also contribute to…
All entries filed under this archive
Daily analysis and trading strategies 6-2-10
3 responses - Posted 06.02.10
Quote of the day: Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows. -- John Buchanan Robinson EURUSD Trading strategy: standing aside Large moves both ways have been seen yesterday as the euro re-tested the ...continue
3 responses - Posted 06.02.10
Quote of the day: Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows. -- John Buchanan Robinson EURUSD Trading strategy: standing aside Large moves both ways have been seen yesterday as the euro re-tested the ...continue
Daily analysis and trading strategies 6-1-10
no responses - Posted 06.01.10
EURUSD Trading strategy: standing aside The euro continues to weaken against the dollar, slipping below 1.2300 in yesterday's quiet sessions. Minor resistance is now formed around 1.2300, followed by 1.2340/50 and 1.2430/50 higher. Intra-day sentiment is bearish at the time of writing but a potential break above 1.2340 would signal the resume ...continue
no responses - Posted 06.01.10
EURUSD Trading strategy: standing aside The euro continues to weaken against the dollar, slipping below 1.2300 in yesterday's quiet sessions. Minor resistance is now formed around 1.2300, followed by 1.2340/50 and 1.2430/50 higher. Intra-day sentiment is bearish at the time of writing but a potential break above 1.2340 would signal the resume ...continue
Daily analysis and trading strategies 5-27-10
1 response - Posted 05.27.10
Quote of the day: Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital. -- Aaron Levenstein EURUSD Trading strategy: small short at 1.2430, stop at 1.2490 (0.5% risk), objective at 1.2310 Another day, another leg down: the euro fell near recent low into the 1.2450 zone - ...continue
1 response - Posted 05.27.10
Quote of the day: Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital. -- Aaron Levenstein EURUSD Trading strategy: small short at 1.2430, stop at 1.2490 (0.5% risk), objective at 1.2310 Another day, another leg down: the euro fell near recent low into the 1.2450 zone - ...continue
Daily analysis and trading strategies 5-25-10
no responses - Posted 05.25.10
Quote of the day: More things in politics happen by accident or exhaustion than happen by conspiracy. -- Jeff Greenfield EURUSD Trading strategy: small short at 1.2425, stop at 1.2485 (0.5% risk), objective at 1.2325 Euro's weakness continues on concerns that European debt crisis is spreading. Support levels established last week at 1.2440/50 ...continue
no responses - Posted 05.25.10
Quote of the day: More things in politics happen by accident or exhaustion than happen by conspiracy. -- Jeff Greenfield EURUSD Trading strategy: small short at 1.2425, stop at 1.2485 (0.5% risk), objective at 1.2325 Euro's weakness continues on concerns that European debt crisis is spreading. Support levels established last week at 1.2440/50 ...continue
Daily analysis and trading strategies 5-24-10
no responses - Posted 05.24.10
Quote of the day: You cannot simultaneously prevent and prepare for war. -- Albert Einstein EURUSD Trading strategy: standing aside The dollar recovered Friday's losses against the euro after South Korea said it will halt trade with its northern neighbor and seek United Nations Security Council action over the sinking of a warship ...continue
no responses - Posted 05.24.10
Quote of the day: You cannot simultaneously prevent and prepare for war. -- Albert Einstein EURUSD Trading strategy: standing aside The dollar recovered Friday's losses against the euro after South Korea said it will halt trade with its northern neighbor and seek United Nations Security Council action over the sinking of a warship ...continue
The week ahead (05/24-05/28)
no responses - Posted 05.23.10
[polldaddy poll=3244343] EURUSD The euro initiated a recovery cycle after printing a fresh multi-year low at 1.2145 but it still trades far below last month's region. Sentiment remains highly bearish on both short-term and medium-term studies and the 525 points recovery from 1.2145 to 1.2670 is less than half of current month's ...continue
no responses - Posted 05.23.10
[polldaddy poll=3244343] EURUSD The euro initiated a recovery cycle after printing a fresh multi-year low at 1.2145 but it still trades far below last month's region. Sentiment remains highly bearish on both short-term and medium-term studies and the 525 points recovery from 1.2145 to 1.2670 is less than half of current month's ...continue
Daily analysis and trading strategies 5-21-10
no responses - Posted 05.21.10
EURUSD Trading strategy: small long at 1.2465, stop at 1.2395 (0.5% risk), objective at 1.2620 The euro managed to overcome the 1.2430/50 resistance yesterday and rallied to as high as 1.2671 earlier today, but it is pulling back below 1.2620 which is the 50% retracement of last down leg from 1.3095 to ...continue
no responses - Posted 05.21.10
EURUSD Trading strategy: small long at 1.2465, stop at 1.2395 (0.5% risk), objective at 1.2620 The euro managed to overcome the 1.2430/50 resistance yesterday and rallied to as high as 1.2671 earlier today, but it is pulling back below 1.2620 which is the 50% retracement of last down leg from 1.3095 to ...continue
Daily analysis and trading strategies 5-20-10
no responses - Posted 05.20.10
Quote of the day: Whenever I go down to Washington and meet with the SEC and complain to them that the industry is either over regulated or the burdens are too great they all start to roll their eyes, just like all of our children do when we talk about ...continue
no responses - Posted 05.20.10
Quote of the day: Whenever I go down to Washington and meet with the SEC and complain to them that the industry is either over regulated or the burdens are too great they all start to roll their eyes, just like all of our children do when we talk about ...continue
Daily analysis and trading strategies 5-19-10
no responses - Posted 05.19.10
Quote of the day: It takes as much imagination to create debt as to create income. -- Leonard Orr EURUSD Trading strategy: looking to sell at 1.2350, stop at 1.2420 (1% risk), objective at 1.2200 After a second round of testing the intra-day resistance region between 1.2415-1.2450, the euro failed to hold above ...continue
no responses - Posted 05.19.10
Quote of the day: It takes as much imagination to create debt as to create income. -- Leonard Orr EURUSD Trading strategy: looking to sell at 1.2350, stop at 1.2420 (1% risk), objective at 1.2200 After a second round of testing the intra-day resistance region between 1.2415-1.2450, the euro failed to hold above ...continue
Daily analysis and trading strategies 5-18-10
no responses - Posted 05.18.10
Quote of the day: If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. -- Jeffrey Sachs EURUSD Trading strategy: looking to sell at 1.2500, stop at 1.2570 (1% ...continue
no responses - Posted 05.18.10
Quote of the day: If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. -- Jeffrey Sachs EURUSD Trading strategy: looking to sell at 1.2500, stop at 1.2570 (1% ...continue