I was looking at EURUSD (Forex:EURUSD). To me, Euro has been running too far, it is time to take a break, and, maybe, come home. 🙂 We are approaching resistance area, and I am looking at the possibility of seeing 1.4 again. �Just as I mentioned in Twitter (follow me if you like my fatal calls), I can’t find enough reasons for not shorting EURUSD now, so I am in. Let’s see.
Here is the …. CHART!
On the side note, here is a video about EURUSD trend analysis. Check it out.
While I am still in my Long positions of USDJPY and GBPJPY (this is to answer those who sent me email asking about if I am in the position), I found this video prepared by Adam from market club. What now for Dollar vs Yen relationship?
Another nice free analysis video. Check it out.
I have a dream…I dream of Dollar rallying against yen. So I decided to long $USDJPY…. 😆
This is a swing trade idea. I see USDJPY approaching support area in daily and 4 hourly time frame, and it forms a long setup for me. I am watching closely, in fact, my long orders are waiting now. In addition, this setup is trying to capitalize from the indicators divergence observed as well. On the flip side, breaking below 91 level will negate my setup.
Here is the ….. CHART!
Here is the trade I mentioned in Twitter this morning. I am Long GBPUSD. This is a short term trade which tries to capitalize from the positive divergence of indicators observed. Targeting around 1.6310. Let’s see how it works out.
Here is the ….. CHART!
Long story short. I see EURUSD reaches resistance area, and forms a nice short setup for me. So, I am going SHORT.
Here is the …. CHART!
I have been really busy and exhausted outside my trading life. There are ideas coming into my mind but I just do not have enough time and energy to write it down/blog it down. After USDCAD trade (which was stopped at breakeven), no new position was added. Market is playing the game of patience with me right now. Meanwhile, I am squeezing out some time to work on a couple of strategies, which was in researching phase. The progress is kinda slow.
In addition, I was recently invited to try out premium service of Tradersinterview.com. It is awesome. There are quite a number of interviews in premium section that is worth my time and money. If you had listened to the free interview from them, I am pretty sure you will be impressed by the premium section. Some of the interviews are not only inspiring, but full of new ideas. Check it out. I might write a full review later (depends on my availability…)
That’s all for this short update. Have a great trading week.
