I shorted EURUSD at 1.27. If you have a look at hourly or 4-hour chart, a bearish rising wedge was formed. After observing EURUSD struggled at 1.27, I pulled the trigger. And, what a day. 3 profit targets were hit. Here is the CHART! Have a great weekend!
EURUSD
Trade of the day 16 June 2010: $EURUSD short
It was a busy London open. Pullback of EURUSD provided some good shorting opportunities. Price action was slow during Asian hours, and failed to test yesterday’s high. I was a little bit late, short was made at the lower limit of my entry range. It was a quick profitable trade. Two profit targets were achieved, […]
Chart of the moment : $EURUSD
I love this chart. What do you see in this chart? Have a great trading week ahead!
Trading Idea : SHORT $EURUSD 17-JUL-2009
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 […]
Trading Idea: SHORT EURUSD 30 June 2009
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!
Stronger dollar ahead?
Nothing shows up during my weekend chart screening. I decided to have a look at Dollar index(NYBOT:DX) to get a feel of over all trend direction. I am looking at the possible move into the zone of 82~83 before downtrend resumes. In other words, I might be looking at a stronger dollar for the coming […]
