Here are the pairs and the key levels that I’ll be watching for the coming week. These are basically support and resistance levels. Since I am mostly trading off 4-hour charts, I am only posting charts of this time frame here. Have a great trading week ahead! [tab: GOLD] [tab: AUDUSD] [tab: EURGBP] [tab: EURUSD] […]
EURUSD
Key Levels to watch Week 07 Feb 2011
I am testing a new idea, so for limited time, I am posting key levels of some major pairs that I am trading frequently. These are basically support and resistance levels. If any of my 12 readers finds these to be useful, shoot me a comment, we’ll see what we can do with these. I […]
$EURUSD 04 Nov 2010
Here is what I see in $EURUSD now. I might be completely wrong and miss the move, but I would prefer to get in short position somewhere near 1.4250 to 1.43 level. I see the confluence of Fib levels, resistance zone in weekly chart, and a harmonic pattern. I’ll be looking at this setup closely […]
Potential patterns in $EURUSD.. or not.
I intend to confuse you with this chart. Have a look at EURUSD daily chart. I am looking at two potential targets. First is the completion of ABCD formation at around 1.4040 level, and second will be the completion of Bearish Butterfly formation at around 1.4187. Well, in the perfect formation, ABCD should be part […]
ABCD..E for $EURUSD 29 September 2010
It has been a messy week so far, I just can’t see any valuable entry. Probably, I will just take the week off. Anyway, $EURUSD has been notoriously bullish lately, with now, the upside target, I am looking at potentially 1.3770 area which is also the completion of ABCD formation. The short term market is […]
$EURUSD : Speculative long maybe?
I was thinking about shorting EURUSD yesterday at 1.3 level, and in fact, I did. I closed the position with some small gain. Had another look at EURUSD, We have a pennant formed at the top, broke out, and now we are back to the back of the trend line. Now it got me interested […]
