I am very keen in watching the development of EURUSD. On daily chart, it sets up a SHORT to me, and looking at weekly chart, we are approaching resistance area. Well, to me, I am only looking at SHORT. In fact, I will establish a small swing trade position soon. Here is the….. CHART!
EURUSD
EURUSD trade closed 24-April-2009
Trading idea of Long EURUSD pays off today. Profit target was achieved and position was closed with +3R, or +200 pips (does pips count make me sound awesome? whatever…). I guess, patience played the major part of this position. Well, I should admit that, there were times that I really wanted to exit earlier. Fortunately, […]
Trading idea: EURUSD Long 21-April-2009
Firstly, the NZDUSD pattern failed last night, so, no trade was taken. Dollar had a good day, and it actually brought EURUSD back to daily support zone. I see opportunities to get in some Long positions. Orders are pending now, waiting for entry setup. Let’s see how it goes. 1:3 R/R setup. Anyway, here is […]
One Euro Trade : Long EURUSD
As mentioned in my Twitter, I was looking at Long Euro and short Cable. GBPUSD went without me. I managed to Long entry of EURUSD. Around +70 pips. It might go up further, but, who cares, profit target was taken. Here is the …. CHART. (Click to view full image)
Weekly Wrap up
I was thinking of posting some analysis, some charts here. I gave up the idea. There are blogs out there writing much better analysis than I do. Anyway, looking at the weekly chart, I would not think it is a good idea to continue shorting EURUSD. Well…I am not talking about day trading. You got […]
One EURO trade
Again, the chart shows you everything. I was looking to Long EURUSD (My Twitt) Simple technical trade. Dummy style. Day trade during London Session. Here is the … CHART! (Click to enlarge)
