All entries filed under this archive
Daily analysis and trading strategies 1-28-10
no responses - Posted 01.28.10
Quote of the day: You can never plan the future by the past. -- Edmund Burke EURUSD Trading strategy: small short at 1.4080, stop at 1.4140 (0.5% risk), 1st objective at 1.4020, 2nd objective at 1.3960 The euro slid below the $1.40 mark after the Fed announced its monetary policy decision, leaving interest ...continue
no responses - Posted 01.28.10
Quote of the day: You can never plan the future by the past. -- Edmund Burke EURUSD Trading strategy: small short at 1.4080, stop at 1.4140 (0.5% risk), 1st objective at 1.4020, 2nd objective at 1.3960 The euro slid below the $1.40 mark after the Fed announced its monetary policy decision, leaving interest ...continue
Daily analysis and trading strategies 1-27-10
1 response - Posted 01.27.10
Quote of the day: Feelings change facts. -- Phyllis Bottome EURUSD Trading strategy: stand aside The euro still trades near the 1.4030 bottom after it found intra-day resistance around 1.4100 yesterday. Down 0.70% for the week and 3% since January 1'st - more selling seems just around the corner. Today's FOMC Interest Rate ...continue
1 response - Posted 01.27.10
Quote of the day: Feelings change facts. -- Phyllis Bottome EURUSD Trading strategy: stand aside The euro still trades near the 1.4030 bottom after it found intra-day resistance around 1.4100 yesterday. Down 0.70% for the week and 3% since January 1'st - more selling seems just around the corner. Today's FOMC Interest Rate ...continue
Daily analysis and trading strategies 1-26-10
no responses - Posted 01.26.10
Quote of the day: If an idea's worth having once, it's worth having twice. -- Tom Stoppard EURUSD Trading strategy: stand aside Pushing lower towards 6 months low ahead of tomorrow's FOMC interest rate decision, the euro is facing downside pressure after it failed to stabilize near 1.42 yesterday. Both short term and ...continue
no responses - Posted 01.26.10
Quote of the day: If an idea's worth having once, it's worth having twice. -- Tom Stoppard EURUSD Trading strategy: stand aside Pushing lower towards 6 months low ahead of tomorrow's FOMC interest rate decision, the euro is facing downside pressure after it failed to stabilize near 1.42 yesterday. Both short term and ...continue
Daily analysis and trading strategies 1-25-10
no responses - Posted 01.25.10
EURUSD Trading strategy: short at 1.4265, stop at 1.4325(1% risk), 1st objective at 1.4205, 2nd objective at 1.4145 The euro holds its modest gains around 1.4170, recovering from recent bottom at 1.4030. Short term sentiment remains bearish while below 1.4300 and extended gains from current market levels will probably be limited by ...continue
no responses - Posted 01.25.10
EURUSD Trading strategy: short at 1.4265, stop at 1.4325(1% risk), 1st objective at 1.4205, 2nd objective at 1.4145 The euro holds its modest gains around 1.4170, recovering from recent bottom at 1.4030. Short term sentiment remains bearish while below 1.4300 and extended gains from current market levels will probably be limited by ...continue
Daily analysis and trading strategies 1-22-10
no responses - Posted 01.22.10
EURUSD Trading strategy: short at 1.4215, stop at 1.4265(1% risk), objective at 1.4175. Euro's comeback from the 1.4030 bottom is likely to extend further, towards resistance zone around 1.4250, where fresh selling will probably emerge. Short term sentiment remains bearish while below 1.4250-1.4300, so a daily close above the said range is ...continue
no responses - Posted 01.22.10
EURUSD Trading strategy: short at 1.4215, stop at 1.4265(1% risk), objective at 1.4175. Euro's comeback from the 1.4030 bottom is likely to extend further, towards resistance zone around 1.4250, where fresh selling will probably emerge. Short term sentiment remains bearish while below 1.4250-1.4300, so a daily close above the said range is ...continue
Daily analysis and trading strategies 1-21-10
no responses - Posted 01.21.10
EURUSD Trading strategy: short at 1.4240, stop at 1.4300 (1% risk), 1st objective at 1.4180, 2nd objective at 1.4120 Euro's sell-off continued as dollar has performed pretty well across the board, and so far it doesn't suggest that it will slow down. In case of an extended recovery, the euro may enter ...continue
no responses - Posted 01.21.10
EURUSD Trading strategy: short at 1.4240, stop at 1.4300 (1% risk), 1st objective at 1.4180, 2nd objective at 1.4120 Euro's sell-off continued as dollar has performed pretty well across the board, and so far it doesn't suggest that it will slow down. In case of an extended recovery, the euro may enter ...continue
Daily analysis and trading strategies 1-20-10
no responses - Posted 01.20.10
EURUSD Trading strategy: short at 1.4285, stop at 1.4345 (1% risk), 1st objective at 1.4225, 2nd objective at 1.4165. Euro remains a victim of gravity as it extended its losses down to 1.4165 overnight, well below support formed by the 200 days SMA around 1.4280. More downside action remains probable as long ...continue
no responses - Posted 01.20.10
EURUSD Trading strategy: short at 1.4285, stop at 1.4345 (1% risk), 1st objective at 1.4225, 2nd objective at 1.4165. Euro remains a victim of gravity as it extended its losses down to 1.4165 overnight, well below support formed by the 200 days SMA around 1.4280. More downside action remains probable as long ...continue
Daily analysis and trading strategies 1-19-10
2 responses - Posted 01.19.10
Quote of the day: The winner is the chef who takes the same ingredients as everyone else and produces the best results. -- Edward de Bono EURUSD Trading strategy: short at 1.4460, stop at 1.4520(1% risk), 1st objective at 1.4400, 2nd objective at 1.4340. The euro is quietly recovering some lost ground, testing ...continue
2 responses - Posted 01.19.10
Quote of the day: The winner is the chef who takes the same ingredients as everyone else and produces the best results. -- Edward de Bono EURUSD Trading strategy: short at 1.4460, stop at 1.4520(1% risk), 1st objective at 1.4400, 2nd objective at 1.4340. The euro is quietly recovering some lost ground, testing ...continue
Daily analysis and trading strategies 1-18-10
no responses - Posted 01.18.10
EURUSD Trading strategy: short at 1.4450, stop at 1.4510 (1% risk), 1st objective at 1.4390, 2nd objective at 1.4350 Euro's weakness extended last Friday and bids near the 1.4330 support zone have tested. Downside bias is stronger as the euro failed to hold recent gains into the 1.45 region, above the bottom ...continue
no responses - Posted 01.18.10
EURUSD Trading strategy: short at 1.4450, stop at 1.4510 (1% risk), 1st objective at 1.4390, 2nd objective at 1.4350 Euro's weakness extended last Friday and bids near the 1.4330 support zone have tested. Downside bias is stronger as the euro failed to hold recent gains into the 1.45 region, above the bottom ...continue
Daily analysis and trading strategies 1-15-10
no responses - Posted 01.15.10
EURUSD Trading strategy: small short at 1.4460, stop at 1.4510 (0.5% risk), 1st objective at 1.4410, 2nd objective at 1.4360 The euro lost ground due to Trichet's statement that the European economic outlook "is still uncertain", also adding that "Greece fiscal problems won’t get any special treatment" - intensifying pressure on Greece ...continue
no responses - Posted 01.15.10
EURUSD Trading strategy: small short at 1.4460, stop at 1.4510 (0.5% risk), 1st objective at 1.4410, 2nd objective at 1.4360 The euro lost ground due to Trichet's statement that the European economic outlook "is still uncertain", also adding that "Greece fiscal problems won’t get any special treatment" - intensifying pressure on Greece ...continue




