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Daily analysis and trading strategies 12-02-09
1 response - Posted 12.02.09
Quote of the day: It is your attitude, not your aptitude, that determines your altitude. -- Zig Ziglar EURUSD Trading strategy: long at 1.5045, stop at 1.4995 (1% risk), 1st objective at 1.5095, 2nd objective at 1.5145 The euro is trading higher as the dollar weakness intensified across the board. Both short-term and ...continue
1 response - Posted 12.02.09
Quote of the day: It is your attitude, not your aptitude, that determines your altitude. -- Zig Ziglar EURUSD Trading strategy: long at 1.5045, stop at 1.4995 (1% risk), 1st objective at 1.5095, 2nd objective at 1.5145 The euro is trading higher as the dollar weakness intensified across the board. Both short-term and ...continue
Daily outlook in fewer words 12-01-09
1 response - Posted 12.01.09
Quote of the day: A successful life is one that is lived through understanding and pursuing one's own path, not chasing after the dreams of others. -- Chin-Ning Chu EURUSD Trading strategy: short at 1.5170, stop at 1.5220 (1% risk), 1st objective at 1.5120, 2nd objective at 1.5070 Support into the 1.4975/90 region ...continue
1 response - Posted 12.01.09
Quote of the day: A successful life is one that is lived through understanding and pursuing one's own path, not chasing after the dreams of others. -- Chin-Ning Chu EURUSD Trading strategy: short at 1.5170, stop at 1.5220 (1% risk), 1st objective at 1.5120, 2nd objective at 1.5070 Support into the 1.4975/90 region ...continue
Daily analysis and trading strategies 11-30-09
1 response - Posted 11.30.09
[polldaddy poll=2319702] EURUSD Trading strategy: short at 1.5180, stop at 1.5240 (1% risk), 1st objective at 1.5120, 2nd objective at 1.5060 The euro opened higher today and climbed higher during the Asian session, recovering most of Thursday's and Friday's losses which were quite high (to as low as 1.4828) due to lower liquidity. ...continue
1 response - Posted 11.30.09
[polldaddy poll=2319702] EURUSD Trading strategy: short at 1.5180, stop at 1.5240 (1% risk), 1st objective at 1.5120, 2nd objective at 1.5060 The euro opened higher today and climbed higher during the Asian session, recovering most of Thursday's and Friday's losses which were quite high (to as low as 1.4828) due to lower liquidity. ...continue
Daily outlook in fewer words 11-26-09
1 response - Posted 11.26.09
Quote of the day: A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power. -- Brian Tracy EURUSD Trading strategy: stand aside Yesterday's rally above the 1.5000/60 region looks good to me as I've been calling for euro's break higher quite a few times lately. Also, ...continue
1 response - Posted 11.26.09
Quote of the day: A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power. -- Brian Tracy EURUSD Trading strategy: stand aside Yesterday's rally above the 1.5000/60 region looks good to me as I've been calling for euro's break higher quite a few times lately. Also, ...continue
Daily outlook in fewer words 11-25-09
1 response - Posted 11.25.09
Quote of the day: Forgetting your mistakes is a terrible error if you are trying to improve your cognition. -- Charlie Munger EURUSD Trading strategy: stand aside Upside pressure is high as the euro trades near the 1.50 handle. Both short-term and intra-day charts call for higher highs. Watch the 1.5050/60 region for ...continue
1 response - Posted 11.25.09
Quote of the day: Forgetting your mistakes is a terrible error if you are trying to improve your cognition. -- Charlie Munger EURUSD Trading strategy: stand aside Upside pressure is high as the euro trades near the 1.50 handle. Both short-term and intra-day charts call for higher highs. Watch the 1.5050/60 region for ...continue
Daily analysis and trading strategies 11-24-09
1 response - Posted 11.24.09
Quote of the day: Investors have very short memories. -- Roman Abramovich EURUSD Trading strategy: stand aside Range-bound trading below the 1.5000 handle, supported by 1.4850 bottom, continues - the euro facing a strong resistance into the 1.5000 region once again, on yesterday. Intra-day sentiment is bearish as price pulls back from the ...continue
1 response - Posted 11.24.09
Quote of the day: Investors have very short memories. -- Roman Abramovich EURUSD Trading strategy: stand aside Range-bound trading below the 1.5000 handle, supported by 1.4850 bottom, continues - the euro facing a strong resistance into the 1.5000 region once again, on yesterday. Intra-day sentiment is bearish as price pulls back from the ...continue
a week ahead (11/23-11/27)
2 responses - Posted 11.23.09
EURUSD Today's rebound against the buck provides a clue about a potential resume of longer term uptrend. We'll see if the euro will manage to hold gains above the fresh breached barrier into the 1.4950 region (which is currently under minor pressure) - formed by the falling trend line coming from ...continue
2 responses - Posted 11.23.09
EURUSD Today's rebound against the buck provides a clue about a potential resume of longer term uptrend. We'll see if the euro will manage to hold gains above the fresh breached barrier into the 1.4950 region (which is currently under minor pressure) - formed by the falling trend line coming from ...continue
Daily analysis and trading strategies 11-23-09
1 response - Posted 11.23.09
[polldaddy poll=2290863] Quote of the day: A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily. -- Ben Bernanke EURUSD Trading strategy: small long at ...continue
1 response - Posted 11.23.09
[polldaddy poll=2290863] Quote of the day: A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily. -- Ben Bernanke EURUSD Trading strategy: small long at ...continue
Finally a decent iPhone Forex application
4 responses - Posted 11.21.09
As an iPhone user myself, I've been looking all over the Internet for decent iPhone apps to provide real-time currency charts, news and quotes. Most of them have failed to impress me as they were either buggy, lagging, full of ads, lacking features etc Two days ago I found the iPhone ...continue
4 responses - Posted 11.21.09
As an iPhone user myself, I've been looking all over the Internet for decent iPhone apps to provide real-time currency charts, news and quotes. Most of them have failed to impress me as they were either buggy, lagging, full of ads, lacking features etc Two days ago I found the iPhone ...continue
Daily analysis and trading strategies 11-20-09
1 response - Posted 11.20.09
Quote of the day: A penny saved is a penny earned. -- Benjamin Franklin EURUSD Trading strategy: stand aside The bottom into the 1.4850 area has been challenged once again and provided a stable barrier - the euro recovering to as high as 1.4935 at the time of writing this. Not far ...continue
1 response - Posted 11.20.09
Quote of the day: A penny saved is a penny earned. -- Benjamin Franklin EURUSD Trading strategy: stand aside The bottom into the 1.4850 area has been challenged once again and provided a stable barrier - the euro recovering to as high as 1.4935 at the time of writing this. Not far ...continue