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Daily analysis and trading strategies 9-2-10
10 responses - Posted 09.02.10
Quote of the day: A deception that elevates us is dearer than a host of low truths. -- Marina Tsvetaeva EURUSD Trading strategy: small long at 1.2740, stop at 1.2680 (0.5% risk), objective at 1.2900 The euro recovered some losses, breaking above the 1.2750 resistance region, following the risk pairs which rallied yesterday. ...continue
10 responses - Posted 09.02.10
Quote of the day: A deception that elevates us is dearer than a host of low truths. -- Marina Tsvetaeva EURUSD Trading strategy: small long at 1.2740, stop at 1.2680 (0.5% risk), objective at 1.2900 The euro recovered some losses, breaking above the 1.2750 resistance region, following the risk pairs which rallied yesterday. ...continue
Daily analysis and trading strategies 8-25-10
2 responses - Posted 08.25.10
Quote of the day: What's the difference between Investment Bankers and London Pigeons? The Pigeons are still capable of making deposits on new BMW's -- Rob, a trader from the U.K. EURUSD Trading strategy: small short at 1.2590, stop at 1.2660 (0.5% risk), objective at 1.2490 Not much is new under the sun ...continue
2 responses - Posted 08.25.10
Quote of the day: What's the difference between Investment Bankers and London Pigeons? The Pigeons are still capable of making deposits on new BMW's -- Rob, a trader from the U.K. EURUSD Trading strategy: small short at 1.2590, stop at 1.2660 (0.5% risk), objective at 1.2490 Not much is new under the sun ...continue
Daily analysis and trading strategies 8-24-10
no responses - Posted 08.24.10
Quote of the day: The best minds are not in government. If any were, business would hire them away. -- Ronald Reagan EURUSD Trading strategy: small short at 1.2730, stop at 1.2790(0.5% risk), objective at 1.2610 The euro fell for 4th day against the dollar, approaching the median retracement of last upward swing ...continue
no responses - Posted 08.24.10
Quote of the day: The best minds are not in government. If any were, business would hire them away. -- Ronald Reagan EURUSD Trading strategy: small short at 1.2730, stop at 1.2790(0.5% risk), objective at 1.2610 The euro fell for 4th day against the dollar, approaching the median retracement of last upward swing ...continue
Daily analysis and trading strategies 8-17-10
no responses - Posted 08.17.10
EURUSD Trading strategy: small long at 1.2910 on break on hourly bar closed above 1.2900, stop at 1.2840(0.5% risk), objective at 1.3030 Although yesterday's attempt to reach 1.2900 was limited by 1.2870, the euro maintains its bid tone hovering near 1.2850 ahead of today's German ZEW Economic Sentiment which is the most ...continue
no responses - Posted 08.17.10
EURUSD Trading strategy: small long at 1.2910 on break on hourly bar closed above 1.2900, stop at 1.2840(0.5% risk), objective at 1.3030 Although yesterday's attempt to reach 1.2900 was limited by 1.2870, the euro maintains its bid tone hovering near 1.2850 ahead of today's German ZEW Economic Sentiment which is the most ...continue
Daily analysis and trading strategies 8-16-10
no responses - Posted 08.16.10
Quote of the day: Earth provides enough to satisfy every man's need, but not every man's greed -- Mahatma Gandhi EURUSD Trading strategy: small short at 1.2880, stop at 1.2960(0.5% risk), objective at 1.2730 Euro's recovery on Friday was again limited by 1.2900 and the 3 weeks gains were cut in a ...continue
no responses - Posted 08.16.10
Quote of the day: Earth provides enough to satisfy every man's need, but not every man's greed -- Mahatma Gandhi EURUSD Trading strategy: small short at 1.2880, stop at 1.2960(0.5% risk), objective at 1.2730 Euro's recovery on Friday was again limited by 1.2900 and the 3 weeks gains were cut in a ...continue
Daily analysis and trading strategies 8-13-10
no responses - Posted 08.13.10
Quote of the day: Money will come when you are doing the right thing. -- Mike Phillips EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 The euro found support at 1.2800 after the free fall from 1.3300 but the ongoing recovery is not convincing. Former support ...continue
no responses - Posted 08.13.10
Quote of the day: Money will come when you are doing the right thing. -- Mike Phillips EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 The euro found support at 1.2800 after the free fall from 1.3300 but the ongoing recovery is not convincing. Former support ...continue
Daily analysis and trading strategies 8-9-10
1 response - Posted 08.09.10
EURUSD Trading strategy: small long at 1.3210, stop at 1.3140(0.5% risk), objective at 1.3350 The dollar is weaker across the board after the Nonfarm payrolls shed 131,000 jobs last month, compared to a consensus of 70k. Dollar's weakness is likely to continue as economic data shows that the U.S. recovery is stalling ...continue
1 response - Posted 08.09.10
EURUSD Trading strategy: small long at 1.3210, stop at 1.3140(0.5% risk), objective at 1.3350 The dollar is weaker across the board after the Nonfarm payrolls shed 131,000 jobs last month, compared to a consensus of 70k. Dollar's weakness is likely to continue as economic data shows that the U.S. recovery is stalling ...continue
Daily analysis and trading strategies 7-22-10
no responses - Posted 07.22.10
EURUSD Trading strategy: small short at 1.2860, stop at 1.2920 (0.5% risk), 1st objective at 1.2810, 2nd objective at 1.2730 The dollar rose across the board before the stress test results will be released in Europe. Euro's slide to $1.2735 between the 50% and 61.8% retracement levels of 1.2522-1.3028 seems corrective as ...continue
no responses - Posted 07.22.10
EURUSD Trading strategy: small short at 1.2860, stop at 1.2920 (0.5% risk), 1st objective at 1.2810, 2nd objective at 1.2730 The dollar rose across the board before the stress test results will be released in Europe. Euro's slide to $1.2735 between the 50% and 61.8% retracement levels of 1.2522-1.3028 seems corrective as ...continue
Daily analysis and trading strategies 7-19-10
no responses - Posted 07.19.10
EURUSD Trading strategy: standing aside Upside was capped by 1.3000 on Friday and the euro pulled back 100 points, but still holds gains above 1.2900. Short-term sentiment remains highly bearish and no signs of up trend exhaustion are seen yet. However, in case of extending current pullback below 1.29, we can look ...continue
no responses - Posted 07.19.10
EURUSD Trading strategy: standing aside Upside was capped by 1.3000 on Friday and the euro pulled back 100 points, but still holds gains above 1.2900. Short-term sentiment remains highly bearish and no signs of up trend exhaustion are seen yet. However, in case of extending current pullback below 1.29, we can look ...continue
Daily analysis and trading strategies 7-16-10
no responses - Posted 07.16.10
Quote of the day: Experienced traders control risk, inexperienced traders chase gains. -- Alan Farley EURUSD Trading strategy: small long at 1.2820, stop at 1.2760 (0.5% risk), 1st objective at 1.2870, 2nd objective at 1.2920 $1.3 is getting closer as the euro rallied yesterday, overcoming the $1.2800 barrier. Even though there are no ...continue
no responses - Posted 07.16.10
Quote of the day: Experienced traders control risk, inexperienced traders chase gains. -- Alan Farley EURUSD Trading strategy: small long at 1.2820, stop at 1.2760 (0.5% risk), 1st objective at 1.2870, 2nd objective at 1.2920 $1.3 is getting closer as the euro rallied yesterday, overcoming the $1.2800 barrier. Even though there are no ...continue