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Daily analysis and trading strategies 09-15-09
no responses - Posted 09.15.09
EURUSD Trading strategy: stand aside Yesterday's recovery from 1.4515 renews upside pressure as the euro has reached a fresh ytd high at 1.4650. Although I am bullish on EUR, I believe that current uptrend is due for correction. However, yesterday's recovery confirms how strong current uptrend is therefore each minor pullback could ...continue
no responses - Posted 09.15.09
EURUSD Trading strategy: stand aside Yesterday's recovery from 1.4515 renews upside pressure as the euro has reached a fresh ytd high at 1.4650. Although I am bullish on EUR, I believe that current uptrend is due for correction. However, yesterday's recovery confirms how strong current uptrend is therefore each minor pullback could ...continue
Daily analysis and trading strategies 09-14-09
no responses - Posted 09.14.09
EURUSD Trading strategy: stand aside The potential retreat from 1.4620 I noted on last report is currently in progress, the euro testing bids near the 1.4500 mark at the time of writing this. Intra-day sentiment is bearish and the downside seem favored for now, important support emerging at 1.4450/65 and 1.4400. Short-term ...continue
no responses - Posted 09.14.09
EURUSD Trading strategy: stand aside The potential retreat from 1.4620 I noted on last report is currently in progress, the euro testing bids near the 1.4500 mark at the time of writing this. Intra-day sentiment is bearish and the downside seem favored for now, important support emerging at 1.4450/65 and 1.4400. Short-term ...continue
Intra-day update on EURUSD 09-11-09
2 responses - Posted 09.11.09
EURUSD Trading strategy: stand aside European trading has been quiet, the euro holding gains a few points below 1.4620 which is quite an important resistance on both medium and long term charts. If the euro takes out 1.4620 on a stronger move, then it is likely to take out some of the ...continue
2 responses - Posted 09.11.09
EURUSD Trading strategy: stand aside European trading has been quiet, the euro holding gains a few points below 1.4620 which is quite an important resistance on both medium and long term charts. If the euro takes out 1.4620 on a stronger move, then it is likely to take out some of the ...continue
Daily analysis and trading strategies 09-11-09
2 responses - Posted 09.11.09
EURUSD Trading strategy: stand aside Key resistance at 1.4620 formed by the 61.8% of the decline from 1.6035 is under pressure at the time of writing this as the dollar continued to weaken across the board throughout the Asian session. In case this resistance region will provide a reversal point, a correction ...continue
2 responses - Posted 09.11.09
EURUSD Trading strategy: stand aside Key resistance at 1.4620 formed by the 61.8% of the decline from 1.6035 is under pressure at the time of writing this as the dollar continued to weaken across the board throughout the Asian session. In case this resistance region will provide a reversal point, a correction ...continue
Daily analysis and trading strategies 09-10-09
3 responses - Posted 09.10.09
EURUSD Trading strategy: stand aside The euro holds gains against the dollar not far below the 1.4600 handle, the new YTD high which has been reached on yesterday. Upside remains favored and potential pullbacks should face support into the 1.4500/30 region then lower, at 1.4430/50 where a more notable support is formed. ...continue
3 responses - Posted 09.10.09
EURUSD Trading strategy: stand aside The euro holds gains against the dollar not far below the 1.4600 handle, the new YTD high which has been reached on yesterday. Upside remains favored and potential pullbacks should face support into the 1.4500/30 region then lower, at 1.4430/50 where a more notable support is formed. ...continue
Medium term outlook on EUR, AUD and Gold
1 response - Posted 09.09.09
EURUSD Upside action extends towards 1.4600, fresh yearly top which has been reached earlier today, before initiating the current pullback. Current pullback seem corrective and yesterday's top at 1.4535 is the nearest intra-day support. Hourly sentiment becomes negative and a break down below 1.4535 will most likely bring some more bears ...continue
1 response - Posted 09.09.09
EURUSD Upside action extends towards 1.4600, fresh yearly top which has been reached earlier today, before initiating the current pullback. Current pullback seem corrective and yesterday's top at 1.4535 is the nearest intra-day support. Hourly sentiment becomes negative and a break down below 1.4535 will most likely bring some more bears ...continue
Daily analysis and trading strategies 09-09-09
no responses - Posted 09.09.09
EURUSD Trading strategy: stand aside Upside is under renewed pressure as the euro managed to break out of its recent range which has been limited on the upside by the 1.4400-1.4450. A fresh YTD high has been reached on yesterday's rally at 1.4535 and the euro holds steady against the dollar near ...continue
no responses - Posted 09.09.09
EURUSD Trading strategy: stand aside Upside is under renewed pressure as the euro managed to break out of its recent range which has been limited on the upside by the 1.4400-1.4450. A fresh YTD high has been reached on yesterday's rally at 1.4535 and the euro holds steady against the dollar near ...continue
Daily analysis and trading strategies 09-08-09
4 responses - Posted 09.08.09
EURUSD Trading strategy: stand aside The euro maintains a bid tone against the dollar and trades into a narrow range above the 1.4300 mark at the time of this report. Short term sentiment is positive and will remain intact while trading above 1.4200/30. Intra-day momentum is neutral since yesterday's European session due ...continue
4 responses - Posted 09.08.09
EURUSD Trading strategy: stand aside The euro maintains a bid tone against the dollar and trades into a narrow range above the 1.4300 mark at the time of this report. Short term sentiment is positive and will remain intact while trading above 1.4200/30. Intra-day momentum is neutral since yesterday's European session due ...continue
Daily analysis and trading strategies 09-07-09
no responses - Posted 09.07.09
EURUSD Trading strategy: stand aside 1.4200 provided a good turning point once again on Friday's test and the euro bounced, returning into the upside zone. Today's trading is expected to be quiet due to the Labor Day holiday in the U.S. Both intra-day and short term studies are positive and won't be ...continue
no responses - Posted 09.07.09
EURUSD Trading strategy: stand aside 1.4200 provided a good turning point once again on Friday's test and the euro bounced, returning into the upside zone. Today's trading is expected to be quiet due to the Labor Day holiday in the U.S. Both intra-day and short term studies are positive and won't be ...continue
Useful tips for traders – Part II
9 responses - Posted 09.06.09
I continue the educational articles' series by adding some more tips. In case you have missed the first part, here it is: useful tips for traders,1'st part 6. Never use: "I am sure" the market will reverse / retrace / rally / fall / [insert whatever action here]. Same for ...continue
9 responses - Posted 09.06.09
I continue the educational articles' series by adding some more tips. In case you have missed the first part, here it is: useful tips for traders,1'st part 6. Never use: "I am sure" the market will reverse / retrace / rally / fall / [insert whatever action here]. Same for ...continue