Hi all,
Merry Christmas and Happy New Year to all! I wishes everyone a very prosperous and healthy 2013!!
I won't be doing any update this week. See you back in 2013! Have a great holiday!!!!
Eurusd update - 21 Dec 2012 Fri
Hi all,
I just closed my position since it did not reach my target exit. Anyway its close enough for me.
I am expecting some consolidation for the next few trading days because the year is coming to an end and there are too many holidays!
Well I am looking to pick short again around 1.3280 with 40 pips SL. Target exit is around 1.3200.
I just closed my position since it did not reach my target exit. Anyway its close enough for me.
I am expecting some consolidation for the next few trading days because the year is coming to an end and there are too many holidays!
Well I am looking to pick short again around 1.3280 with 40 pips SL. Target exit is around 1.3200.
Eurusd update - 20 Dec 2012 Thurs
Hi all,
Yesterday trade was good despite the swing and now Eurusd is looking to reverse.
Today, I am picking short around 1.3255 with 50 pips SL. I am expecting that Eurusd is a correction down. Target is around 1.3150 - 1.3180.
Yesterday trade was good despite the swing and now Eurusd is looking to reverse.
Today, I am picking short around 1.3255 with 50 pips SL. I am expecting that Eurusd is a correction down. Target is around 1.3150 - 1.3180.
Eurusd update - 19 Dec 2012 Wed
Hi all,
Today, I am looking to pick long around 1.3210 with 40 pips. Target exit is 1.3280.
Today, I am looking to pick long around 1.3210 with 40 pips. Target exit is 1.3280.
Eurusd update - 18 Dec 2012 Tues
Good day all,
Today, I am looking to pick long around 1.3145 with 40 pips SL. Target exit is around 1.3220.
Today, I am looking to pick long around 1.3145 with 40 pips SL. Target exit is around 1.3220.
Eurusd update - 13 Dec 2012 Thurs
Hi all,
After missing trades for so many days, after I caught a trade yesterday, it turns out that the view is wrong due to fundamental news.
Anyway, I am expecting Eurusd to turn down as it may go into consolidation. I am picking short around 1.3090 with 30 pips SL. Target exit is back to 1.2900.
After missing trades for so many days, after I caught a trade yesterday, it turns out that the view is wrong due to fundamental news.
Anyway, I am expecting Eurusd to turn down as it may go into consolidation. I am picking short around 1.3090 with 30 pips SL. Target exit is back to 1.2900.
Eurusd update - 12 Dec 2012
Hi all,
Yesterday no trade was done.
Today, I am picking short around 1.3045 with 40 pips SL. Target exit is around 1.2850.
Yesterday no trade was done.
Today, I am picking short around 1.3045 with 40 pips SL. Target exit is around 1.2850.
Eurusd Update - 11 Dec 2012 Tues
Hi all,
I am looking to looking to pick short this week at around 1.3010 with 50pips SL. I expect Eurusd to turn down and even break below 1.2885.
Eurusd update - 07 Dec 2012 Fri
Hello all,
Yesterday, 3 pips short for my entry again.
Anyway today, I expect some swings due to tonight US figure. So I will enter only if Eurusd swing up to 1.3010 regions with 40 pips SL. Target exit is around 1.2900.
Yesterday, 3 pips short for my entry again.
Anyway today, I expect some swings due to tonight US figure. So I will enter only if Eurusd swing up to 1.3010 regions with 40 pips SL. Target exit is around 1.2900.
Eurusd update - 6 Dec 2012 Thu
Hi all,
I am turning short since Eurusd looks prone to reverse.
I am looking for short entry around 1.3090 with 40 pips SL. Target exit is around 1.2950.
I am turning short since Eurusd looks prone to reverse.
I am looking for short entry around 1.3090 with 40 pips SL. Target exit is around 1.2950.
Eurusd update - 5 Dec 2012 Wed
Hello all,
I missed my entry by 6 pips. Well, trading range is getting smaller as everyone prepares for the figures releasing these few days.
I expect market to form some sideway today. I favour picking long only around 1.3070 regions with 40 pips SL. Target exit will be around 1.3200.
I missed my entry by 6 pips. Well, trading range is getting smaller as everyone prepares for the figures releasing these few days.
I expect market to form some sideway today. I favour picking long only around 1.3070 regions with 40 pips SL. Target exit will be around 1.3200.
Eurusd update - 4 Dec 2012 Tues
Hello all,
Sorry I wasn't able to do any update last Thurs. An unfortunate event happened with my cousin and with my aunt alone, I have to help her out with everything.
Anyway, I favour a climbing Eurusd this week. Right now, immediate resistance is around 1.3180. Once this resistance is broken, I am looking at 1.3300 as my target which I foresee that Eurusd will achieve within these 2 weeks.
So I favour picking long around 1.3040 with 40 pips SL. Target exit is around 1.3160.
Sorry I wasn't able to do any update last Thurs. An unfortunate event happened with my cousin and with my aunt alone, I have to help her out with everything.
Anyway, I favour a climbing Eurusd this week. Right now, immediate resistance is around 1.3180. Once this resistance is broken, I am looking at 1.3300 as my target which I foresee that Eurusd will achieve within these 2 weeks.
So I favour picking long around 1.3040 with 40 pips SL. Target exit is around 1.3160.
Eurusd update - 28 Nov 2012 Wed
Hello all,
Yesterday my view was wrong. US had some good economic data last night.
Today, there are some economic data too. However, I would favour picking short only if Eurusd climbs back to 1.2960, stoploss will be place 40 pips away from entry. My target exit is around 1.2850 - 1.2870 regions.
Eurusd update - 27 Nov 2012 Tues
hello all,
I am looking to pick long today. Fundamental news is support a stronger Euro currency.
I favour entry around 1.2950 with 40 pips stoploss. Target exit is around 1.3100.
I am looking to pick long today. Fundamental news is support a stronger Euro currency.
I favour entry around 1.2950 with 40 pips stoploss. Target exit is around 1.3100.
Eurusd update - 23 Nov 2012 Fri
Hello all,
Yesterday, Eurusd came down just 4 pips away from my entry level. Well, I placed my order but didn't manage to get it filled.
Anyway, I don't expect Eurusd to have much movement today. However, if Eurusd reaches 1.2935 - 1.2950 region, I will be looking to turn short.
All the best and a great weekend to all!
Yesterday, Eurusd came down just 4 pips away from my entry level. Well, I placed my order but didn't manage to get it filled.
Anyway, I don't expect Eurusd to have much movement today. However, if Eurusd reaches 1.2935 - 1.2950 region, I will be looking to turn short.
All the best and a great weekend to all!
Eurusd update - 22 Nov 2012 Thu
Good morning all,
I am saved as Eurusd moved up last night while I am sleeping. Despite the US holiday and the EU summit that traders usually will be cautious of, I wish to change my view today that Eurusd will turn up higher today and will likely breaks above resistance level 1.2870.
I favour picking long around 1.2830 with 40 pips SL. Target exit is around 1.2900 to 1.2950.
I am saved as Eurusd moved up last night while I am sleeping. Despite the US holiday and the EU summit that traders usually will be cautious of, I wish to change my view today that Eurusd will turn up higher today and will likely breaks above resistance level 1.2870.
I favour picking long around 1.2830 with 40 pips SL. Target exit is around 1.2900 to 1.2950.
Eurusd update - 21 Nov 2012 Wed
Hello all,
I am sill holding on to my view yesterday.Europe is weak fundamentally. Even though they are supported by China previously in their bonds auctions, they might not get much help with exception to IMF and they seems to have difficulty coping with Greece. So right now, keeping a low right is important for them. That is why I am sticking to yesterday view.
Good luck to all and happy trading!
Eurusd update - 20 Nov 2012 Tues
Hello all,
Sorry for not being able to update last 2 weeks.
Yesterday, Eurusd continues climbing. It is a continuation from Fridays bull trend. Right now, we should expect some swings. I expect Eurusd to climb but with limited rooms with strong resistance at 1.2865. Therefore, I favour picking short today around 1.2850 - 1.2865 with 40 pips SL. Target exit is around 1.2750 - 1.2770 regions.
Sorry for not being able to update last 2 weeks.
Yesterday, Eurusd continues climbing. It is a continuation from Fridays bull trend. Right now, we should expect some swings. I expect Eurusd to climb but with limited rooms with strong resistance at 1.2865. Therefore, I favour picking short today around 1.2850 - 1.2865 with 40 pips SL. Target exit is around 1.2750 - 1.2770 regions.
Eurusd update - 13 Nov 2012 Tues
Hello all,
Sorry was not able to give any update past week. I won't be giving update this week too. I will be back next week. See you all and have a great trading week.
- Posted using BlogPress from my iPad
Sorry was not able to give any update past week. I won't be giving update this week too. I will be back next week. See you all and have a great trading week.
- Posted using BlogPress from my iPad
Eurusd update - 02 Nov 2012 Fri
Hello all,
Just close my positions with 30 pips SL. Tonight there are some big US figures, I just wish to stay out and observe first. I am uncertain how eurusd will move but I believe there might be some big swings.
Good luck to all and have a great weekend!
Just close my positions with 30 pips SL. Tonight there are some big US figures, I just wish to stay out and observe first. I am uncertain how eurusd will move but I believe there might be some big swings.
Good luck to all and have a great weekend!
Eurusd update - 1 Nov 2012 Thu
Hello all,
I am still holding my long and waiting for eurusd to climb up. I still think eurusd will turn up.
I am still holding my long and waiting for eurusd to climb up. I still think eurusd will turn up.
Eurusd update - 31 Oct 2012 Wed
Hello all,
I just entered long at 1.2960 with 40 pips stop. I expecting eurusd to climb to 1.3050 reigon.
I just entered long at 1.2960 with 40 pips stop. I expecting eurusd to climb to 1.3050 reigon.
Eurusd update - 30 Oct 2012 Tues
Hello all,
I still favour eurusd to turn down but this is only possible if it breaks 1.2880. Right now, 1.2880 is a strong support level. That is why I choose to close my position last night. Anyway, eurusd is narrowing down in its range, likely forming a flag with range 1.2880 - 1.2950. We will have to wait for breakout to determine our trade directions.
I still favour eurusd to turn down but this is only possible if it breaks 1.2880. Right now, 1.2880 is a strong support level. That is why I choose to close my position last night. Anyway, eurusd is narrowing down in its range, likely forming a flag with range 1.2880 - 1.2950. We will have to wait for breakout to determine our trade directions.
Eurusd update - 26 Oct 2012 Fri
Hello all,
Today I might see eurusd reach my target at 1.2850 and may even go lower but I do expect some swings like yesterday.
Anyway, all positions have their SL shifted to break even. If eurusd were to turn back up, I am protected.
However, I believe eurusd is more prone to turn down due to fundamentals.
Today I might see eurusd reach my target at 1.2850 and may even go lower but I do expect some swings like yesterday.
Anyway, all positions have their SL shifted to break even. If eurusd were to turn back up, I am protected.
However, I believe eurusd is more prone to turn down due to fundamentals.
Eurusd update - 25 Oct 2012 Thu
Hello all
I am looking to short again around 1.3000 region with 50 pips SL. Exit remains at 1.2850.
I am looking to short again around 1.3000 region with 50 pips SL. Exit remains at 1.2850.
Eurusd update - 23 Oct 2012 Tues
Hello all,
I closed my position at 1.3050. Looks like eurusd is not turning down yet.
I expect some consolidations within 1.3000 - 1.3100. I will enter again when eurusd breaks out.
I closed my position at 1.3050. Looks like eurusd is not turning down yet.
I expect some consolidations within 1.3000 - 1.3100. I will enter again when eurusd breaks out.
Eurusd update - 19 Oct 2012 Fri
Hello all,
Still looking at eurusd to continue dropping. Still holding to my position. Again, I hope I won't get swing out.
All the best to all and Have a great weekend!
Still looking at eurusd to continue dropping. Still holding to my position. Again, I hope I won't get swing out.
All the best to all and Have a great weekend!
Eurusd update - 18 Oct 2012 Thu
Hello all,
I am still expecting eurusd to turn down. I am still holding on. I am expecting that eurusd turn down to 1.3000 region.
Hope that I won't get stop out.
All the best to all!
I am still expecting eurusd to turn down. I am still holding on. I am expecting that eurusd turn down to 1.3000 region.
Hope that I won't get stop out.
All the best to all!
Eurusd update - 17 Oct 2012 Wed
Hello all,
I expect some pullback on eurusd today. I have shorted eurusd at 1.3100 with 40pips SL. I expect eurusd to pullback to 1.3000 regions.
I expect some pullback on eurusd today. I have shorted eurusd at 1.3100 with 40pips SL. I expect eurusd to pullback to 1.3000 regions.
Eurusd update - 16 Oct 2012 Tue
Hello all,
Eurusd has been forming a consolidation waiting for directions. I forecast that this week is the week and today, we will see some big movement. New directions.
Anyway, today there are some figures releasing for Euro zone, one important figure is German ZEW. We are also expecting US fig tonight.
Right now, eurusd is trapped within 1.2800 - 1.2990. This is quite a big range. Right now, eurusd is trading near the top. I have entered short around 1.2960 with 35 pips SL. As for target wise, I am looking at 1st support level at 1.2900 and 2nd support at 1.2800. I will assess market from there.
Eurusd has been forming a consolidation waiting for directions. I forecast that this week is the week and today, we will see some big movement. New directions.
Anyway, today there are some figures releasing for Euro zone, one important figure is German ZEW. We are also expecting US fig tonight.
Right now, eurusd is trapped within 1.2800 - 1.2990. This is quite a big range. Right now, eurusd is trading near the top. I have entered short around 1.2960 with 35 pips SL. As for target wise, I am looking at 1st support level at 1.2900 and 2nd support at 1.2800. I will assess market from there.
Eurusd update - 9 Oct 2012 Tue
Hello all,
I am in a dilemna as eurusd's direction is quite unclear to me.
I see there are rooms to turn down. However, there are no favourable setup. So I am staying out to observe the market.
I am in a dilemna as eurusd's direction is quite unclear to me.
I see there are rooms to turn down. However, there are no favourable setup. So I am staying out to observe the market.
Eurusd update - 5 Oct 2012 Fri
Hello all,
I still think that eurusd will not continue climbing. For one reason, techinically, I still see eurusd having rooms to turn down.
I just shorted eurusd at 1.3015 with 25 pips SL. Target exit is around 1.2750.
Even if my view is wrong, I am just having a risk of 25 pips in comparison to my target. So I am taking this small risk.
All the best to all and have a great weekend.
I still think that eurusd will not continue climbing. For one reason, techinically, I still see eurusd having rooms to turn down.
I just shorted eurusd at 1.3015 with 25 pips SL. Target exit is around 1.2750.
Even if my view is wrong, I am just having a risk of 25 pips in comparison to my target. So I am taking this small risk.
All the best to all and have a great weekend.
Eurusd update - 04 Oct 2012 Thu
Good morning all,
I just squared my position at 1.2920 for 2 reasons, first is that eurusd is not moving much and still within the consolidation range 1.2875 - 1.2950. Second is that today, there are quite a lot of Euro fundamental news releasing.
The best way to trade is to observe and look for possible good entries later. So stay tune and all the best to all.
I just squared my position at 1.2920 for 2 reasons, first is that eurusd is not moving much and still within the consolidation range 1.2875 - 1.2950. Second is that today, there are quite a lot of Euro fundamental news releasing.
The best way to trade is to observe and look for possible good entries later. So stay tune and all the best to all.
Eurusd update - 03 Oct 2012 Wed
Hello all,
After re-analyzing, I realize that eurusd has more room to drop further. This week I expect eurusd to drop to 1.2700 regions.
I am picking short today if eurusd retrace to 1.2930 regions with 40 pips SL. Target exit as mentioned 1.2700.
Eurusd update - 27 Sept 2012 Thu
Hello all,
My forecast is much disturbed by the fundamentals. Well, I still don't wish to abandon my view. I am picking long today around 1.2850 regions and stoploss just about 30 pips. I am expecting that eurusd will turn back up to 1.2920 or even higher.
My forecast is much disturbed by the fundamentals. Well, I still don't wish to abandon my view. I am picking long today around 1.2850 regions and stoploss just about 30 pips. I am expecting that eurusd will turn back up to 1.2920 or even higher.
Eurusd update - 26 Sep 2012 Wed
Hello all,
Sorry I havent update yesterday. Reason is that I still looking for a entry. Right now, I believe eurusd should be strongly support at 1.2850. However, I can't enter as eurusd is still not in my favour. So have to be patient and wait.
Sorry I havent update yesterday. Reason is that I still looking for a entry. Right now, I believe eurusd should be strongly support at 1.2850. However, I can't enter as eurusd is still not in my favour. So have to be patient and wait.
Eurusd update - 20 Sept 2012 Thu
Good day all
Yesterday no trade done because the retracement did not reach my entry level.
Today, as I am sitting in front of my computer screen. You will notice eurusd already down 50 pips. Quite fast for a whole day movement. Anyway, I believe eurusd will turn up today.
I just entered long around 1.3010 with 25 pips SL. My target exit as of now is around 1.3160 but I am looking at higher target if 1.3160 is broken.
Yesterday no trade done because the retracement did not reach my entry level.
Today, as I am sitting in front of my computer screen. You will notice eurusd already down 50 pips. Quite fast for a whole day movement. Anyway, I believe eurusd will turn up today.
I just entered long around 1.3010 with 25 pips SL. My target exit as of now is around 1.3160 but I am looking at higher target if 1.3160 is broken.
Eurusd update - 19 Sep 2012 Wed
Good morning all,
Sorry no update yesterday. I have no trade yesterday, don't feel right. I still having a long view in the long term.
However, after some studying of the chart, eurusd maybe turning down this week. I am looking at 1.28 regions.
So I am picking short around 1.3100 with 50 pips SL. Target exit as mentioned 1.28 regions.
Sorry no update yesterday. I have no trade yesterday, don't feel right. I still having a long view in the long term.
However, after some studying of the chart, eurusd maybe turning down this week. I am looking at 1.28 regions.
So I am picking short around 1.3100 with 50 pips SL. Target exit as mentioned 1.28 regions.
Eurusd update - 14 Sep 2012 Fri
Hello all,
Eurusd surges after FOMC announcement where FED Bernanke revealed QE3.
I expect today there will be some pullback, eurusd will likely trades back to 1.2950. I am looking for long position around 1.2950. If not, we can still pick long next week.
Good luck to all and have a great weekend!
Eurusd surges after FOMC announcement where FED Bernanke revealed QE3.
I expect today there will be some pullback, eurusd will likely trades back to 1.2950. I am looking for long position around 1.2950. If not, we can still pick long next week.
Good luck to all and have a great weekend!
Eurusd update - 13 Sep 2012 Thu
Good day everyone,
We are on the right track now. However, there are likely going to be some swings tonight due to fundamental data and FOMC policy statement.
Right now, I still favour eurusd to continue its uptrend but limitation are there since there is a resistance level as mentioned at 1.2950. Which is very close to the current price, so I decided to close my position at 1.2915 and shall wait for tonight's news.
We are on the right track now. However, there are likely going to be some swings tonight due to fundamental data and FOMC policy statement.
Right now, I still favour eurusd to continue its uptrend but limitation are there since there is a resistance level as mentioned at 1.2950. Which is very close to the current price, so I decided to close my position at 1.2915 and shall wait for tonight's news.
Eurusd update - 12 Sept 2012 Wed
Hello all,
Last round when I forecast a retracement it came and my itchy fingers close it too early.
This round,my forecast is wrong. I did manage to long it at 1.2780 with a 40 pips SL though. So sorry I didn't manage to post it here to inform everyone.
Right now, my view is still bullish unless fundamentals intervened. The next resistance level is around 1.2950. If this resistance level at 1.2950 is broken, we are looking at 1.32 - 1.33 regions in next 2 weeks. So if 1.2950 is not broken, this will likely be the reversal level.
I am looking to reenter long around 1.2800 -1.2830 regions. Stoploss can be placed around 50 pips.
Last round when I forecast a retracement it came and my itchy fingers close it too early.
This round,my forecast is wrong. I did manage to long it at 1.2780 with a 40 pips SL though. So sorry I didn't manage to post it here to inform everyone.
Right now, my view is still bullish unless fundamentals intervened. The next resistance level is around 1.2950. If this resistance level at 1.2950 is broken, we are looking at 1.32 - 1.33 regions in next 2 weeks. So if 1.2950 is not broken, this will likely be the reversal level.
I am looking to reenter long around 1.2800 -1.2830 regions. Stoploss can be placed around 50 pips.
Eurusd update - 11 Sep 2012 Tues
Hello all,
Today is a significant day. This is the day where terror strike the fear to many. Such days must not come again. I share this quote from Daisaku Ikeda, SGI President. "For both victor and vanquished, war leaves only a sense of endless futility."
Anyway, back to the market.
To Kamen, Sorry I did not reply you yesterday as I was busy and I am also observing if the bull effect will continue up or stay sideways.
Right now, eurusd is strongly resisted at 1.2840. There is a chance for eurusd to turn down for a retracement before shooting up. Therefore, I just closed my position and turned short at 1.2770 with 40 pips SL. Target for this short is 1.2650 - 1.27.
Today is a significant day. This is the day where terror strike the fear to many. Such days must not come again. I share this quote from Daisaku Ikeda, SGI President. "For both victor and vanquished, war leaves only a sense of endless futility."
Anyway, back to the market.
To Kamen, Sorry I did not reply you yesterday as I was busy and I am also observing if the bull effect will continue up or stay sideways.
Right now, eurusd is strongly resisted at 1.2840. There is a chance for eurusd to turn down for a retracement before shooting up. Therefore, I just closed my position and turned short at 1.2770 with 40 pips SL. Target for this short is 1.2650 - 1.27.
Eurusd update - 07 Sep 2012 Fri
Hello all,
I have shifted my SL to 1.2550. Right now I have 10 pips profit. Well, I hope tonight's fundamental won't swing me out.
Good luck to all and have a great weekend!
I have shifted my SL to 1.2550. Right now I have 10 pips profit. Well, I hope tonight's fundamental won't swing me out.
Good luck to all and have a great weekend!
Eurusd update - 06 Sep 2012 Thu
Hello all,
I am still holding on to my long position. However, today and tomorrow are some major economic data from Euro zone and US. These data are kind of worrying that market may have some big swings. I would advise those without positions in the market to stay out.
As for me, I will shift my SL higher to 40 pips at 1.2500. So if eurusd breaks above 1.2640, I will shift to breakeven.
All the best to everyone!
Eurusd update - 5 Sep 2012 Wed
Hello everyone,
My SL got triggered. This is what I call itchy finger!
Anyway, I still think this downtrend is just a correction. I just went in long at 1.2540 with a 50 pips SL. I still holding my forecast of eurusd climbing back up to 1.28 - 1.29 regions.
My SL got triggered. This is what I call itchy finger!
Anyway, I still think this downtrend is just a correction. I just went in long at 1.2540 with a 50 pips SL. I still holding my forecast of eurusd climbing back up to 1.28 - 1.29 regions.
Eurusd update - 04 Sep 2012 Tues
Hello all,
Just shorted eurusd at 1.2610 with 30 pips SL. I am expected eurusd to correct to 1.2550 regions.
*Hello all,
I just square my postion at 1.2590. Technically, eurusd form a double bottom and likely to turn up after this.
So I also turn long around 1.2590 with 40 pips. So if it breaks below 1.2550 then my previous short view is right. Well, all the best to all traders.
Just shorted eurusd at 1.2610 with 30 pips SL. I am expected eurusd to correct to 1.2550 regions.
*Hello all,
I just square my postion at 1.2590. Technically, eurusd form a double bottom and likely to turn up after this.
So I also turn long around 1.2590 with 40 pips. So if it breaks below 1.2550 then my previous short view is right. Well, all the best to all traders.
Eurusd update - 31 Aug 2012 Fri
Hello all,
Eurusd has gone into a consolidation again. Consolidation range within 1.2465 - 1.2590.
Anyway, I am staying out since my SL was triggered last night.
Have a great weekend to all.
Eurusd has gone into a consolidation again. Consolidation range within 1.2465 - 1.2590.
Anyway, I am staying out since my SL was triggered last night.
Have a great weekend to all.
Eurusd update - 30 Aug 2012 Thu
Good day to all
Despite a better US figures last night, eurusd looks prone to go higher.
I just entered long around 1.2535 with sl at 1.2510. I am looking at eurusd climbing back up to 1.2580. My only confirmation if it is going to go higher is only when it breaks 1.2590. This is only possible if tonight fundamentals are against the greenback.
All the best to all!
Despite a better US figures last night, eurusd looks prone to go higher.
I just entered long around 1.2535 with sl at 1.2510. I am looking at eurusd climbing back up to 1.2580. My only confirmation if it is going to go higher is only when it breaks 1.2590. This is only possible if tonight fundamentals are against the greenback.
All the best to all!
Eurusd update - 29 August 2012 Wed
Hello all,
I have still holding on to my long position.
I will be looking to average my long position if eurusd retraces to 1.2545 regions again with 40 pips SL.
*Hello guys,
Just went in another long 1.2560 with 40 pips SL. My 1st position SL is also shift to the same level as my 2nd entry. So total if eurusd turn down, zero losses.
I have still holding on to my long position.
I will be looking to average my long position if eurusd retraces to 1.2545 regions again with 40 pips SL.
*Hello guys,
Just went in another long 1.2560 with 40 pips SL. My 1st position SL is also shift to the same level as my 2nd entry. So total if eurusd turn down, zero losses.
Eurusd update - 28 August 2012 Tue
Hello all,
My SL was triggered yesterday. I am still having a long view with support at 1.2550, I reckon that eurusd will go any higher.
Anyway, I just long eurusd at 1.2475 with 40 pips SL. My first target is around 1.27 and ultimately looking at 1.2850 - 1.29.
My SL was triggered yesterday. I am still having a long view with support at 1.2550, I reckon that eurusd will go any higher.
Anyway, I just long eurusd at 1.2475 with 40 pips SL. My first target is around 1.27 and ultimately looking at 1.2850 - 1.29.
Eurusd update - 27 Aug 2012 Mon
Good day to all,
I seldom give my update on Mon because usually it will be quiet on Monday.
Anyway, I am doing it because eurusd is in my favour. I am looking to pick long around 1.2420 - 1.2450 regions. I expect eurusd to form a reversal when it hit this bottom. So stay tuned and stay alert when eurusd reach this level.
*Hello all,
I just long eurusd at 1.2510 with 35pips SL. Reason for such early entry is because of the pattern formation that I think eurusd may climb up later. It may not break higher but if it does break above 1.2589, eurusd likely will continue towards my previous target of 1.2850 - 1.2900 regions.
I seldom give my update on Mon because usually it will be quiet on Monday.
Anyway, I am doing it because eurusd is in my favour. I am looking to pick long around 1.2420 - 1.2450 regions. I expect eurusd to form a reversal when it hit this bottom. So stay tuned and stay alert when eurusd reach this level.
*Hello all,
I just long eurusd at 1.2510 with 35pips SL. Reason for such early entry is because of the pattern formation that I think eurusd may climb up later. It may not break higher but if it does break above 1.2589, eurusd likely will continue towards my previous target of 1.2850 - 1.2900 regions.
Eurusd update - 24 Aug 2012 Fri
Hello all
I am still holding long. Shifted my SL to 1.2430. I will shift it to 1.2525 once eurusd breaks above 1.2590.
**Hello everyone,
There is a strong resistance at 1.2600. I believe eurusd may consolidate at the region for a couple of days. Since the weekend coming, I decided to close all my position at 1.2530.
Will look for new entries next week.
Have a great weekend!
I am still holding long. Shifted my SL to 1.2430. I will shift it to 1.2525 once eurusd breaks above 1.2590.
**Hello everyone,
There is a strong resistance at 1.2600. I believe eurusd may consolidate at the region for a couple of days. Since the weekend coming, I decided to close all my position at 1.2530.
Will look for new entries next week.
Have a great weekend!
Eurusd update - 22 Aug 2012 Wed
Good morning,
I am looking to pick long around 1.2435 region. SL will be around 40 pips. I am looking at a target top around 1.2550 region today. However, I will hold off my exit and see how the candle will form today. I am looking at eurusd to climb higher.
*Hello all
I just long eurusd at 1.2460 with 50 pips SL. I think eurusd won't go down further today. I put a wider SL to buffer any swing if there is.
I am looking to pick long around 1.2435 region. SL will be around 40 pips. I am looking at a target top around 1.2550 region today. However, I will hold off my exit and see how the candle will form today. I am looking at eurusd to climb higher.
*Hello all
I just long eurusd at 1.2460 with 50 pips SL. I think eurusd won't go down further today. I put a wider SL to buffer any swing if there is.
Eurusd update - 21 Aug 2012 Tue
Hello all
Kind of busy lately, helping my sifu, Dar Wong.
Anyway, eurusd went up as expected. Once eurusd breaks above 1.2420, we can start hunting for long. Of course, it is possible to go in at 1.2420, but SL will become an issue. Where will be our SL if we enter at 1.2420 now?
So be patient, 1 thing I learn from my trading experiences is that never rush and chase market. Keep our bullets and prepare for our counter attack!
Good luck to all!
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Kind of busy lately, helping my sifu, Dar Wong.
Anyway, eurusd went up as expected. Once eurusd breaks above 1.2420, we can start hunting for long. Of course, it is possible to go in at 1.2420, but SL will become an issue. Where will be our SL if we enter at 1.2420 now?
So be patient, 1 thing I learn from my trading experiences is that never rush and chase market. Keep our bullets and prepare for our counter attack!
Good luck to all!
- Posted using BlogPress from my iPad
Eurusd update - 17 Aug 2012 Fri
Good morning all,
Sorry didnt reply to Kamen yesterday. Depends usually I just go for 40 - 50 pips.
Anyway, eurusd is still within the flag formation. I am expecting eurusd to turn up.
Looking to pick long around 1.2330 with 40 pips SL. If forecast is right, once eurusd breaks higher, we might see eurusd climb slowly back to 1.2900.
Happy weekends to all!
Sorry didnt reply to Kamen yesterday. Depends usually I just go for 40 - 50 pips.
Anyway, eurusd is still within the flag formation. I am expecting eurusd to turn up.
Looking to pick long around 1.2330 with 40 pips SL. If forecast is right, once eurusd breaks higher, we might see eurusd climb slowly back to 1.2900.
Happy weekends to all!
Eurusd update - 16 Aug 2012 Thu
Good morning,
Yesterday, short was missed again as eurusd fell short on my entries.
Anyway, eurusd has been consolidating, forming a big flag. My range is around 1.2240 - 1.2440.
So if eurusd breaks either end, the direction will be clear. I am picking entries on breakouts today.
All the best to all!
Yesterday, short was missed again as eurusd fell short on my entries.
Anyway, eurusd has been consolidating, forming a big flag. My range is around 1.2240 - 1.2440.
So if eurusd breaks either end, the direction will be clear. I am picking entries on breakouts today.
All the best to all!
Eurusd update - 15 Aug 2012 Wed
Good morning to all,
I am looking to pick short around 1.2350 with 40 pips SL. Target exit is around 1.2200 - 1.2250.
I am looking to pick short around 1.2350 with 40 pips SL. Target exit is around 1.2200 - 1.2250.
Eurusd update - 10 Aug 2012 Fri
Good day all,
Missed my entry order yesterday. Eurusd went a little bit short on my entry. Well lets see if we can catch another short today.
I am going short around 1.2330 with 40 pips SL. Target exit is around 1.2200.
Missed my entry order yesterday. Eurusd went a little bit short on my entry. Well lets see if we can catch another short today.
I am going short around 1.2330 with 40 pips SL. Target exit is around 1.2200.
Eurusd update - 09 Aug 2012 Thu
Good morning to all
Happy Birthday to Singapore!
Eurusd is looking to turn down. Good to pick short around 1.2400 with 50 pips stop.
I am looking at eurusd to drop back to 1.2140. There is also a high chance of eurusd to drop further.
Lets see how it goes.
Happy Birthday to Singapore!
Eurusd is looking to turn down. Good to pick short around 1.2400 with 50 pips stop.
I am looking at eurusd to drop back to 1.2140. There is also a high chance of eurusd to drop further.
Lets see how it goes.
Eurusd update - 2 Aug 2012 Thur
Good day all, I wanted to go Short today but looking at the fundamentals releasing, I think I am going to stay out again. Will update everyone if I have an entry.
Good luck to all.
Good luck to all.
Eurusd update - 1 Aug 2012 Wed
Good day,
I am still holding to my position but in order to safeguard against losses, in case of market swing or unexpected turn of event, I shifted my SL to break even.
Target exit remains the same.
All the best to all!
I am still holding to my position but in order to safeguard against losses, in case of market swing or unexpected turn of event, I shifted my SL to break even.
Target exit remains the same.
All the best to all!
Eurusd update - 31 July 2012 Tue
Good day
I just long eurusd at 1.2250 with 40 SL. My target is around 1.2380 region. I expect eurusd to be turning up today.
I just long eurusd at 1.2250 with 40 SL. My target is around 1.2380 region. I expect eurusd to be turning up today.
Eurusd update - 27 July 2012 Fri
Good day everyone,
Just shorted eurusd at 1.2295 and place my SL around 40 pips just slightly above yesterday high. I expect to take profit at around 1.2200.
Good luck to all and have a great weekend!
Just shorted eurusd at 1.2295 and place my SL around 40 pips just slightly above yesterday high. I expect to take profit at around 1.2200.
Good luck to all and have a great weekend!
Eurusd update - 25 July Wed
Good day all,
It's is very frustrating to see eurusd move in such small range. I think I shall stay out and observe.
Good luck to all!
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It's is very frustrating to see eurusd move in such small range. I think I shall stay out and observe.
Good luck to all!
- Posted using BlogPress from my iPad
Eurusd update - 20 July 2012 Fri
Good day to all,
I am still holding on to my long position. Right now, eurusd is consolidating within the 200EMA line, range 1.2230 - 1.2325. Therefore, it is quite difficult to determine the direction, until it breaks out of the range.
Lets see how it goes.
Have a great weekend!
I am still holding on to my long position. Right now, eurusd is consolidating within the 200EMA line, range 1.2230 - 1.2325. Therefore, it is quite difficult to determine the direction, until it breaks out of the range.
Lets see how it goes.
Have a great weekend!
Eurusd update - 19 July 2012 Thu
Good morning all,
Its really a damn sometimes when market just swing like that. Well, looking at the current pattern, I am looking to long eurusd at around 1.2240 with 40 pips SL. I am expecting eurusd to turn up to 1.2350 and may even go up to 1.25 regions.
Tonight there are some figures releasing. So be cautious, for those not certain, good to stay out too.
Cheers and all the best to all!
Its really a damn sometimes when market just swing like that. Well, looking at the current pattern, I am looking to long eurusd at around 1.2240 with 40 pips SL. I am expecting eurusd to turn up to 1.2350 and may even go up to 1.25 regions.
Tonight there are some figures releasing. So be cautious, for those not certain, good to stay out too.
Cheers and all the best to all!
Eurusd update - 18 July 2012 Wed
Hello Kamen,
The whole I see market sideways until evening I just thought to myself, market unlikely to swing down and maybe it's a sideway market.
That's the answer. Anyway, I am staying out and observe plus I am also outside. Will keep everyone updated here if I enter any position.
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The whole I see market sideways until evening I just thought to myself, market unlikely to swing down and maybe it's a sideway market.
That's the answer. Anyway, I am staying out and observe plus I am also outside. Will keep everyone updated here if I enter any position.
- Posted using BlogPress from my iPad
Eurusd update - 17 Jul 2012 Tues
Good morning to all,
Eurusd move in the directions I forecast yesterday for those who didn't see it, please go to the comments under Friday post.
However, to my disappointment, I also didnt turn long. Eurusd climb back and broke above 1.2230 and headed to 1.2300. I am expecting that eurusd will continue to climb to 1.2500 regions.
In the meantime, eurusd may correct back to 1.2215 - 1.2235 again. This is my level to reenter long. I will update once I long eurusd.
All the best of luck to everyone!
Eurusd move in the directions I forecast yesterday for those who didn't see it, please go to the comments under Friday post.
However, to my disappointment, I also didnt turn long. Eurusd climb back and broke above 1.2230 and headed to 1.2300. I am expecting that eurusd will continue to climb to 1.2500 regions.
In the meantime, eurusd may correct back to 1.2215 - 1.2235 again. This is my level to reenter long. I will update once I long eurusd.
All the best of luck to everyone!
Eurusd update - 13 Jul 2012 Fri
Hello all,
Ai, my SL was not triggered last night. However, I will close my position if eurusd reach 1.2230.
Looking at the pattern, the reversal that I am expecting did not come. So I feel that it is very likely eurusd will drop further today. So I will also short eurusd once eurusd reach this target 1.2230 with 50 pips SL. Target exit is 1.2140.
Ai, my SL was not triggered last night. However, I will close my position if eurusd reach 1.2230.
Looking at the pattern, the reversal that I am expecting did not come. So I feel that it is very likely eurusd will drop further today. So I will also short eurusd once eurusd reach this target 1.2230 with 50 pips SL. Target exit is 1.2140.
Eurusd update - 12 Jul 2012 Thu
Good morning to all,
Sorry didnt update properly yesterday. I was looking for short yesterday but I didn't manage to get any since eurusd did not reach my target top.
Today after look at such a quiet and sideway eurusd, I am changing my view that eurusd might actually reverse up instead of looking at down trend.
I favour picking long around 1.2215 with 50 pips stoploss, I am looking eurusd to retest this bottom and might even break lower before bouncing back up.
I am looking to exit around 1.2310 - 1.2335 if eurusd fails to break above 1.2335.
All the best to all!
Sorry didnt update properly yesterday. I was looking for short yesterday but I didn't manage to get any since eurusd did not reach my target top.
Today after look at such a quiet and sideway eurusd, I am changing my view that eurusd might actually reverse up instead of looking at down trend.
I favour picking long around 1.2215 with 50 pips stoploss, I am looking eurusd to retest this bottom and might even break lower before bouncing back up.
I am looking to exit around 1.2310 - 1.2335 if eurusd fails to break above 1.2335.
All the best to all!
Eurusd update - 11 Jul 2012
Hello all,
I have been busy lately so update is a bit late. Eurusd has been consolidating.
I expect eurusd to retrace to 1.2330. I am looking for around this region.
All the best to all of you.
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I have been busy lately so update is a bit late. Eurusd has been consolidating.
I expect eurusd to retrace to 1.2330. I am looking for around this region.
All the best to all of you.
- Posted using BlogPress from my iPad
Eurusd update - 06 July 2012 Fri
Good morning all,
Well, my last position was closed at 1.2550 as eurusd turns down yesterday with so many fundamentals report. From ECB cutting interest rates to China cutting interest rates, we also see US ADP unemployment change and jobless better than expected.
Somehow, I just can't switch my mind to go short from there. What are we looking at today?
We are looking at one major US employment rates figure releasing tonight. So I am staying out as usual but looking out to long eurusd if it hits 1.2250 regions provided with some support news.
Good luck and have a great weekend!
Well, my last position was closed at 1.2550 as eurusd turns down yesterday with so many fundamentals report. From ECB cutting interest rates to China cutting interest rates, we also see US ADP unemployment change and jobless better than expected.
Somehow, I just can't switch my mind to go short from there. What are we looking at today?
We are looking at one major US employment rates figure releasing tonight. So I am staying out as usual but looking out to long eurusd if it hits 1.2250 regions provided with some support news.
Good luck and have a great weekend!
Eurusd update - 05 July 2012 Thu
Good morning all,
There are quite a number of fundamentals releasing today. So please be cautious if you are wanting to trade today.
I am going to see what the outcome of these fundamentals before decision making.
Good luck to all!
There are quite a number of fundamentals releasing today. So please be cautious if you are wanting to trade today.
I am going to see what the outcome of these fundamentals before decision making.
Good luck to all!
Eurusd update - 04 July 2012 Wed
Good day all,
I was out the whole day and couldnt give any update. Anyway, I shifted my sl to 1.2550 so if eurusd breaks below 1.5500 very likely eurusd will turn down to 1.24 regions again.
I was out the whole day and couldnt give any update. Anyway, I shifted my sl to 1.2550 so if eurusd breaks below 1.5500 very likely eurusd will turn down to 1.24 regions again.
Eurusd update - 02 July 2012 Mon
Good day all,
Ai ask me a good question, here is my answer and for all too. I am looking at eurusd to break 1.2740 in the next 2 days to determine my target. If this resistance is broken, I am look at 1.2900 or higher as the ultimate target the eurusd may climb too.
So in the meanime, I am holding on to my long position with stoploss shift to my entry for zero losses.
Ai ask me a good question, here is my answer and for all too. I am looking at eurusd to break 1.2740 in the next 2 days to determine my target. If this resistance is broken, I am look at 1.2900 or higher as the ultimate target the eurusd may climb too.
So in the meanime, I am holding on to my long position with stoploss shift to my entry for zero losses.
Eurusd update - 29 June 2012 Fri
Good morning everyone,
I have closed my position last night for those who have not read my comments updated.
Well, my view is that the European summit today will have positive news. I believe there should be plans as the issue is pressing.
Yesterday, I placed a long order at 1.2465 with 50pips SL. Just hoping that my views are right. Happy to say, eurusd is on its way back up and sorry I didnt manage to give my updates, it quite late so just enter and went to bed.
However, will this surge be short-lived? Well, if it breaks above 1.2740, it will go further. If not, I am looking at a short surge and eurusd will turn back down.
I have closed my position last night for those who have not read my comments updated.
Well, my view is that the European summit today will have positive news. I believe there should be plans as the issue is pressing.
Yesterday, I placed a long order at 1.2465 with 50pips SL. Just hoping that my views are right. Happy to say, eurusd is on its way back up and sorry I didnt manage to give my updates, it quite late so just enter and went to bed.
However, will this surge be short-lived? Well, if it breaks above 1.2740, it will go further. If not, I am looking at a short surge and eurusd will turn back down.
Eurusd update - 28 Jun 2012 Thu
Good morning everyone,
Eurusd retrace to my entry level. I still holding my short, its been a while I hold a short so long. I still favour a drop as I feel that eurusd will like turn down after reaching resistance level at 1.2520. The only reason for it to turn up higher is better Euro zone news.
Eurusd retrace to my entry level. I still holding my short, its been a while I hold a short so long. I still favour a drop as I feel that eurusd will like turn down after reaching resistance level at 1.2520. The only reason for it to turn up higher is better Euro zone news.
Eurusd update - 27 June 2012 Wed
Good morning all,
I am still holding on to my position without shifting my stoploss.
I believe eurusd will retrace back to 1.2525 before turning down.
Happy trading everyone!
I am still holding on to my position without shifting my stoploss.
I believe eurusd will retrace back to 1.2525 before turning down.
Happy trading everyone!
Eurusd update - 26 June 2012 Tues
Good morning,
I am expecting eurusd to continue dropping today.
I have just shorted eurusd at 1.2520 with 50 pips SL. Target is around 1.2420 region. There are strong supports at this level.
I am expecting eurusd to continue dropping today.
I have just shorted eurusd at 1.2520 with 50 pips SL. Target is around 1.2420 region. There are strong supports at this level.
Eurusd update - 21 June 2012 Thu
Good morning,
Yesterday's swing was due to fundamental. I didn't expect eurusd to have such swings, who would?
Thats why trading is always so interesting.
Anyway, today, I expect eurusd will swing again but will not break the reistance top at 1.2750.
Therefore, I choose to pick short around 1.2725 region with 35 pips SL. Target exit is around 1.2600.
Yesterday's swing was due to fundamental. I didn't expect eurusd to have such swings, who would?
Thats why trading is always so interesting.
Anyway, today, I expect eurusd will swing again but will not break the reistance top at 1.2750.
Therefore, I choose to pick short around 1.2725 region with 35 pips SL. Target exit is around 1.2600.
Eurusd update - 20 Jun 2012 Wed
Yesterday, Eurusd went up as forecast. Unfortunately, I did not manage to catch this as the price didnt went to the low I expected.
Today, I am looking for another short. I favour picking short around 1.2700 with 35 pips SL. Target exit is around 1.2560.
Today, I am looking for another short. I favour picking short around 1.2700 with 35 pips SL. Target exit is around 1.2560.
Eurusd update - 19 June 2012 Tue
Good day everyone,
After a huge drop yesterday, I expect eurusd will consolidate within 1.2550 - 1.2620.
I favour picking long near the bottom, entry price is around 1.2550 with 40 pips SL.
I expect eurusd to reach back to 1.2700 region.
After a huge drop yesterday, I expect eurusd will consolidate within 1.2550 - 1.2620.
I favour picking long near the bottom, entry price is around 1.2550 with 40 pips SL.
I expect eurusd to reach back to 1.2700 region.
Eurusd update - 14 June 2012 Thu
Good day everyone,
Yesterday, my position got triggered after US figures were weaker than expected.
It is fine as SL was in placed and losses were minimize.
I am staying out for today and maybe tomorrow because I have no position and there are too much figures that might swing the market.
Yesterday, my position got triggered after US figures were weaker than expected.
It is fine as SL was in placed and losses were minimize.
I am staying out for today and maybe tomorrow because I have no position and there are too much figures that might swing the market.
Eurusd update - 13 June 2012 Wed
Good morning,
I am still holding on to my short but eurusd has a chance of turning up today.
I have shifted my SL slightly lower to 1.2530, this will minimize my loss if eurusd reverse higher.
If today, eurusd formed a reversal sign around 1.2450, I will close my position and probably turn long from there too.
I am still holding on to my short but eurusd has a chance of turning up today.
I have shifted my SL slightly lower to 1.2530, this will minimize my loss if eurusd reverse higher.
If today, eurusd formed a reversal sign around 1.2450, I will close my position and probably turn long from there too.
Eurusd update - 12 June 2012 Tue
Good day everyone,
Technically, I favour eurusd to go up this week. However, fundamentally, eurusd is still very bearish with all the news on Euro zone.
With such a drop yesterday, I shorted eurusd around 1.2500 with 40 pips SL. Target exit is around 1.2380.
Technically, I favour eurusd to go up this week. However, fundamentally, eurusd is still very bearish with all the news on Euro zone.
With such a drop yesterday, I shorted eurusd around 1.2500 with 40 pips SL. Target exit is around 1.2380.
Eurusd update - 8 Jun 2012
Hello all,
Wake up and see eurusd fell so much early in the morning is not what I like to see.
Well, I favour picking long if eurusd hit 1.2510 and formed a reversal.
So keep a look out on this.
Wake up and see eurusd fell so much early in the morning is not what I like to see.
Well, I favour picking long if eurusd hit 1.2510 and formed a reversal.
So keep a look out on this.
Eurusd update - 7 Jun 2012 Thu
Hello all,
I am looking to pick long today around 1.2530 with 40 pips SL. Target exit is around 1.2640.
I am looking to pick long today around 1.2530 with 40 pips SL. Target exit is around 1.2640.
Eurusd update - 04 Jun 2012 Mon
Hello all
I just shorted eurusd at 1.2420 with 30 pips SL. Target is around 1.2310.
I don't think eurusd will break lower but eurusd will likely just form a double bottom.
I just shorted eurusd at 1.2420 with 30 pips SL. Target is around 1.2310.
I don't think eurusd will break lower but eurusd will likely just form a double bottom.
Eurusd update - 30 May 2012 Wed
Good day everyone,
Sorry I have been out of action. I am still looking at eurusd. Well, once I missed shorting the eurusd, I am still waiting.
Anyway, fundamentally, eurusd is very weak. It may go all the way down to 2 years low if it persist. So it is always looking to short at top but missed the top yesterday.
I will keep everyone posted of my trades.
Happy trading to all!
Sorry I have been out of action. I am still looking at eurusd. Well, once I missed shorting the eurusd, I am still waiting.
Anyway, fundamentally, eurusd is very weak. It may go all the way down to 2 years low if it persist. So it is always looking to short at top but missed the top yesterday.
I will keep everyone posted of my trades.
Happy trading to all!
Eurusd update - 25 May 2012 Fri
Hello all,
Eurusd has reached its psychological support level 1.2500. As mentioned, I favour a long this week but Greece really don't give much good news until today. I am still hesitant of eurusd turning up.
Even though, Italian Prime Minister Mario Monti said Greece is likely to stay in the euro and most of the region’s leaders supported issuing a joint bond. US fundamentals released have been looking good.
Technically, I can see strong support around 1.2500, this is a psychological level. Right now, I am waiting for how eurusd will end up this week. If eurusd can close back above 1.2650, we may see eurusd turn up next week. So lets see about it.
Well, in the meantime, have a great weekend!
Eurusd has reached its psychological support level 1.2500. As mentioned, I favour a long this week but Greece really don't give much good news until today. I am still hesitant of eurusd turning up.
Even though, Italian Prime Minister Mario Monti said Greece is likely to stay in the euro and most of the region’s leaders supported issuing a joint bond. US fundamentals released have been looking good.
Technically, I can see strong support around 1.2500, this is a psychological level. Right now, I am waiting for how eurusd will end up this week. If eurusd can close back above 1.2650, we may see eurusd turn up next week. So lets see about it.
Well, in the meantime, have a great weekend!
Eurusd update - 24 May 2012 Thu
Good day all,
Sorry was so busy running around outside the past 2 days and didnt give my update.
Anyway, I have not done anything as I favour picking long and seems that fundamentally eurusd is still heading down. Well, Euro zone crisis is getting worst which is expected. However, the drop is too fast to catch it. What a waste.
I will look for opportunities again when it comes.
Happy trading to all!!
Sorry was so busy running around outside the past 2 days and didnt give my update.
Anyway, I have not done anything as I favour picking long and seems that fundamentally eurusd is still heading down. Well, Euro zone crisis is getting worst which is expected. However, the drop is too fast to catch it. What a waste.
I will look for opportunities again when it comes.
Happy trading to all!!
Eurusd update - 18 May 2012 Fri
Good day all
Eurusd is consolidating right now. Range 1.2660 - 1.2760. This is what I always say the bull and bear is fighting. So whichever animal wins, market will heads in that direction.
I believe eurusd may still sideway untill the weekends as there is a G8 meeting.
Let see how eurusd will goes.
Have a great weekend everyone!
Eurusd is consolidating right now. Range 1.2660 - 1.2760. This is what I always say the bull and bear is fighting. So whichever animal wins, market will heads in that direction.
I believe eurusd may still sideway untill the weekends as there is a G8 meeting.
Let see how eurusd will goes.
Have a great weekend everyone!
Eurusd update - 17 May 2012 Thu
Hello all,
I went long last night. Eurusd is resisted at 1.2760. If eurusd breaks this top, we should see 1.2850.
However, if eurusd fails to break this top. We are going to see eurusd continuing its downtrend.
I went long last night. Eurusd is resisted at 1.2760. If eurusd breaks this top, we should see 1.2850.
However, if eurusd fails to break this top. We are going to see eurusd continuing its downtrend.
Eurusd update - 16 May 2012 Wed
Good day all,
I just long eurusd at 1.2720 with 40 pips SL. Target exit is around 1.2850. I am expecting eurusd to retrace back up after so many days of dropping.
I just long eurusd at 1.2720 with 40 pips SL. Target exit is around 1.2850. I am expecting eurusd to retrace back up after so many days of dropping.
Eurusd update - 15 May 2012 Tues
Hello all
Its a bit late for the update but I am here because I just closed all my positions.
Eurusd may go down further but I decided to close all position as it has reached and exceeded my target price.
Let see how it goes and decide what are the next actions to take.
Its a bit late for the update but I am here because I just closed all my positions.
Eurusd may go down further but I decided to close all position as it has reached and exceeded my target price.
Let see how it goes and decide what are the next actions to take.
Eurusd update - 11 May 2012 Fri
Good day everyone,
Yesterday eurusd triggered my stop. I turn long but also got killed. Well, I rather minimize my risk then ended up with nothing.
Well, eurusd is likely going to my previous target bottom tonight at 1.2850. Anyway, since I am out already. I choose to look for new entries after eurusd reach the target bottom. Probably, a long entry.
Yesterday eurusd triggered my stop. I turn long but also got killed. Well, I rather minimize my risk then ended up with nothing.
Well, eurusd is likely going to my previous target bottom tonight at 1.2850. Anyway, since I am out already. I choose to look for new entries after eurusd reach the target bottom. Probably, a long entry.
Eurusd update - 10 May 2012 Thurs
Hello all,
I just shifted my SL to 1.3275, if eurusd were to break above this level. I am turning long. If not we should see 1.3280 region as my target tonight.
Be wary of fundamentals tonight.
I just shifted my SL to 1.3275, if eurusd were to break above this level. I am turning long. If not we should see 1.3280 region as my target tonight.
Be wary of fundamentals tonight.
Eurusd update - 09 May 2012 Wed
Hello all,
Still holding my short. Thats why never update yesterday.
Once eurusd breaks the bottom 1.2955, I am looking at eurusd to hit the bottom of 1.2800 - 1.2850. I will look to take profit around this region.
Still holding my short. Thats why never update yesterday.
Once eurusd breaks the bottom 1.2955, I am looking at eurusd to hit the bottom of 1.2800 - 1.2850. I will look to take profit around this region.
Eurusd update - 07 May 2012 Mon
Hello all
I usually don't give updates on Monday but I am giving one because I just wish to update on my position I shorted last Friday.
I have just closed my position at 1.2980 after I see eurusd open lower.
I believe eurusd will retrace higher. Looking to pick short around 1.3050 regions.
I usually don't give updates on Monday but I am giving one because I just wish to update on my position I shorted last Friday.
I have just closed my position at 1.2980 after I see eurusd open lower.
I believe eurusd will retrace higher. Looking to pick short around 1.3050 regions.
Eurusd update - 04 May 2012 Fri
Hello all,
Last night, eurusd went to my target level to sell. Unfortunately its quite late.
Anyway, I just shorted at 1.3150 with 30 pips SL. Target as mentioned yesterday, 1.3050.
Last night, eurusd went to my target level to sell. Unfortunately its quite late.
Anyway, I just shorted at 1.3150 with 30 pips SL. Target as mentioned yesterday, 1.3050.
Eurusd update - 03 May 2012 Thu
Good morning everyone,
Yesterday, eurusd's bear was triggered by fundamental news. This is my bad as I overlook such important news.
Well, good to be reminded with little losses made.
Anyway, today there are some figures which I think I will stay on the sideline and only pick short if eurusd hit 1.3180. I am looking at 1.3050 bottom as my target.
Yesterday, eurusd's bear was triggered by fundamental news. This is my bad as I overlook such important news.
Well, good to be reminded with little losses made.
Anyway, today there are some figures which I think I will stay on the sideline and only pick short if eurusd hit 1.3180. I am looking at 1.3050 bottom as my target.
Eurusd update - 2 May 2012 Wed
Good day everyone,
Eurusd has been trading in consolidation again.
I just pick long at 1.3225 with 30 pips SL. Target exit is around 1.3300.
Eurusd has been trading in consolidation again.
I just pick long at 1.3225 with 30 pips SL. Target exit is around 1.3300.
Eurusd update - 23 Apr 2012 Mon
Hello all
I just shorted Eurusd at 1.3195 with SL at 1.3230. Target exit at 1.3120.
I wont be giving updates this week as I will be oversea. So you all next week.
I just shorted Eurusd at 1.3195 with SL at 1.3230. Target exit at 1.3120.
I wont be giving updates this week as I will be oversea. So you all next week.
Eurusd update - 20 Apr 2012 Fri
Hello all,
Every week passes very quickly. Yesterday, Spain successfully sold 2.54 billion euros of bonds as what they wanted. However, Spain yield went up indicating worries that they might not be able to cope with the debts.
So even, everything went smooth. Eurusd still remains in consolidation, range 1.3055 - 1.3175. As usual, I will look for entry when it breaks either end. Pardon me if I can't post my trade on time here.
Anyway, all the best to all traders out there! And have a great weekend!!
Every week passes very quickly. Yesterday, Spain successfully sold 2.54 billion euros of bonds as what they wanted. However, Spain yield went up indicating worries that they might not be able to cope with the debts.
So even, everything went smooth. Eurusd still remains in consolidation, range 1.3055 - 1.3175. As usual, I will look for entry when it breaks either end. Pardon me if I can't post my trade on time here.
Anyway, all the best to all traders out there! And have a great weekend!!
Eurusd update - 19 Apr 2012 Thu
Good morning all,
Today is going to be an exciting day. Well, I will be like everyone else, sidelining and waiting for the sales of bonds for Spain and France to end. Likely eurusd will consolidate before results is shown.
So my usual saying, wait for eurusd to break either end.
Today is going to be an exciting day. Well, I will be like everyone else, sidelining and waiting for the sales of bonds for Spain and France to end. Likely eurusd will consolidate before results is shown.
So my usual saying, wait for eurusd to break either end.
Eurusd update - 18 Apr 2012 Wed
Hello guys,
Sorry for not having regular updates. Anyway, even though I am not updating, I am still trading. Just that sometimes I realise I didnt update in time.
Anyway I see that eurusd is still in consolidation. Range 1.3090 - 1.3171.
I reckon that eurusd will turn down today. I would be looking to short if eurusd form a reversal near the top resistance level 1.3171.
Sorry for not having regular updates. Anyway, even though I am not updating, I am still trading. Just that sometimes I realise I didnt update in time.
Anyway I see that eurusd is still in consolidation. Range 1.3090 - 1.3171.
I reckon that eurusd will turn down today. I would be looking to short if eurusd form a reversal near the top resistance level 1.3171.
Eurusd update - 13 Apr 2012 Fri
Hello guys,
Sorry a bit late on my update.
I am staying out today. Worried there will be lots of swing due to tonight figure releases.
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Sorry a bit late on my update.
I am staying out today. Worried there will be lots of swing due to tonight figure releases.
- Posted using BlogPress from my iPad
Eurusd update - 12 Apr 2012 Thu
Good morning
I just shorted eurusd at 1.3140 with 40 pips SL. I believe eurusd will turn down since it went up as forecast yesterday.
Please, be cautious of tonight US figure releases.
I just shorted eurusd at 1.3140 with 40 pips SL. I believe eurusd will turn down since it went up as forecast yesterday.
Please, be cautious of tonight US figure releases.
Eurusd update - 11 Apr 2012 Wed
Hello everyone,
Eurusd seems to be more bullish then bearish but topside has more limited space with 1st and 2nd resistances at 1.3110 and 1.3150 respectively. Fundamentally, eurusd should be turning up due to bad US news.
So I will pick long only if another reversal is form near 1.3060 regions. SL below 1.3035. I expect eurusd will climb back to 1.3250 regions.
Eurusd seems to be more bullish then bearish but topside has more limited space with 1st and 2nd resistances at 1.3110 and 1.3150 respectively. Fundamentally, eurusd should be turning up due to bad US news.
So I will pick long only if another reversal is form near 1.3060 regions. SL below 1.3035. I expect eurusd will climb back to 1.3250 regions.
Eurusd update - 10 Apr 2012 Tues
Hello everyone
Currently, I expected eurusd to trade back to 1.3150 - 1.3180 which is the current price now. Unfortunately, eurusd continues to remain bullish without reversal for me to short.
Therefore, I am staying out and waiting for short opportunity.
Currently, I expected eurusd to trade back to 1.3150 - 1.3180 which is the current price now. Unfortunately, eurusd continues to remain bullish without reversal for me to short.
Therefore, I am staying out and waiting for short opportunity.
Eurusd update - 05 Apr 2012 Thur
Good morning,
I just closed my position at 1.3140.
I feel that today eurusd may do a rebound. So in this case, I would favour picking short at a higher level at later time.
Right now, I am looking to pick long around 1.3110 region, if eurusd forms a double bottom.
SL below 1.3105, and I expect eurusd to go back to 1.3200 - 1.3250.
I just closed my position at 1.3140.
I feel that today eurusd may do a rebound. So in this case, I would favour picking short at a higher level at later time.
Right now, I am looking to pick long around 1.3110 region, if eurusd forms a double bottom.
SL below 1.3105, and I expect eurusd to go back to 1.3200 - 1.3250.
Eurusd update - 3 Apr 2012 Tues
Good morning all,
I still holding on my short. I still expecting eurusd to turn down. Views remain the same as of 29 Mar.
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I still holding on my short. I still expecting eurusd to turn down. Views remain the same as of 29 Mar.
- Posted using BlogPress from my iPad
Eurusd update - 29 Mar 2012 Thurs
Good morning everyone,
Sorry yesterday I was sick again. Went to see doctor for a small cold and cough 2 days back. Took his medicine and I got worst yesterday as my fever developed!
Anyway, yesterday I short eurusd around 1.3340 with SL at 1.3390, slightly above the previous day high.
Unless fundamental news support eurusd to climb further, I expect eurusd to turn down and eurusd might retrace back up to 1.3350 again today before turning down.
My first target bottom is around 1.32, provided if eurusd break and stay below yesterday low.
Sorry yesterday I was sick again. Went to see doctor for a small cold and cough 2 days back. Took his medicine and I got worst yesterday as my fever developed!
Anyway, yesterday I short eurusd around 1.3340 with SL at 1.3390, slightly above the previous day high.
Unless fundamental news support eurusd to climb further, I expect eurusd to turn down and eurusd might retrace back up to 1.3350 again today before turning down.
My first target bottom is around 1.32, provided if eurusd break and stay below yesterday low.
Eurusd update - 27 Mar 2012 Tues
Good day,
Yesterday, eurusd triggered my SL.
Today, I would pick long if eurusd retrace to 1.330 region with 40 pips SL. If eurusd never come down to this level. I would stay out and wait to pick short near the top which I expect eurusd to reach 1.3400 - 1.3430 these 2 days.
Yesterday, eurusd triggered my SL.
Today, I would pick long if eurusd retrace to 1.330 region with 40 pips SL. If eurusd never come down to this level. I would stay out and wait to pick short near the top which I expect eurusd to reach 1.3400 - 1.3430 these 2 days.
Sorry for my busy schedule
Hello everyone,
Sorry busy last week. Our pwforex forum is down. So as a IT guy for my sifu, I have been trying to do the salvaging.
Anyway, I shorted eurusd late fri night. Shorted around 1.3240 with 50 pips SL. So far eurusd have not reached my SL.
This trade is quite against my rule, as I don't usually enter position after 7pm. Somehow, I feel that eurusd will turn back down to 1.31 or even lower.
Sorry busy last week. Our pwforex forum is down. So as a IT guy for my sifu, I have been trying to do the salvaging.
Anyway, I shorted eurusd late fri night. Shorted around 1.3240 with 50 pips SL. So far eurusd have not reached my SL.
This trade is quite against my rule, as I don't usually enter position after 7pm. Somehow, I feel that eurusd will turn back down to 1.31 or even lower.
Eurusd update - 20 Mar 2012 Tues
Good day guys,
Yesterday, I was waiting to pick long around 1.3120. Sad to say eurusd only came down to 1.3140 then shoots up.
Today, eurusd may may turn down for a correction. Topside room is very limited. Right now resistance is around 1.3250 - 1.3300. If eurusd breaks higher, I expect eurusd will reversal around 1.3400 - 1.3450.
I favour picking short around 1.3265 with 50 pips SL. If eurusd breaks higher, I will pick short around 1.3400 regions.
Yesterday, I was waiting to pick long around 1.3120. Sad to say eurusd only came down to 1.3140 then shoots up.
Today, eurusd may may turn down for a correction. Topside room is very limited. Right now resistance is around 1.3250 - 1.3300. If eurusd breaks higher, I expect eurusd will reversal around 1.3400 - 1.3450.
I favour picking short around 1.3265 with 50 pips SL. If eurusd breaks higher, I will pick short around 1.3400 regions.
Eurusd update - 14 Mar 2012 Wed
Hello guys,
I am staying out and keeping a close watch for tonight. I do favour a sell but I am concern that market maybe swing.
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I am staying out and keeping a close watch for tonight. I do favour a sell but I am concern that market maybe swing.
- Posted using BlogPress from my iPad
Eurusd update - 13 Mar 2012 Tues
Hello everyone,
I am in Malacca now visiting an associate with my sifu.
Anyway, I long eurusd yesterday at 1.3110 with 40 pips SL. I expect eurusd to climb back to 1.3290.
However, I believe eurusd may go higher. Lets wait and see.
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I am in Malacca now visiting an associate with my sifu.
Anyway, I long eurusd yesterday at 1.3110 with 40 pips SL. I expect eurusd to climb back to 1.3290.
However, I believe eurusd may go higher. Lets wait and see.
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Eurusd update - 09 Mar 2012 Fri
Hello guys,
Good call to go long by Ai Shiang. Nice!
Anyway, I am staying out because today is a day with some big US data releasing.
All the best to everyone! Happy Trading!
Good call to go long by Ai Shiang. Nice!
Anyway, I am staying out because today is a day with some big US data releasing.
All the best to everyone! Happy Trading!
Eurusd update - 08 Mar 2012 Thurs
Good morning everyone,
Since eurusd is consolidating and have not triggered my stop. My view remains and I shifted my sl to 1.3170 as there are already a pincer at 1.3165.
However, if eurusd breaks this resistance level, there are possibilities of a turn up. I will keep my eyes on it.
Since eurusd is consolidating and have not triggered my stop. My view remains and I shifted my sl to 1.3170 as there are already a pincer at 1.3165.
However, if eurusd breaks this resistance level, there are possibilities of a turn up. I will keep my eyes on it.
Eurusd update - 07 Mar 2012 Wed
Hello guys
I expect eurusd to fall further as there are more rooms at the bottom as top side has a lot of resistance.
I just shorted at 1.3140 with SL 40 pips. Target exit is around 1.3030.
I expect eurusd to fall further as there are more rooms at the bottom as top side has a lot of resistance.
I just shorted at 1.3140 with SL 40 pips. Target exit is around 1.3030.
Eurusd update - 06 Mar 2012 Tues
Hello everyone,
I am back.
Today, I expect small range on eurusd and likely forming a small bodied white candle.
Therefore, I am going long around 1.3180 with SL around 30 pips. Target exit is around 1.3260.
I am back.
Today, I expect small range on eurusd and likely forming a small bodied white candle.
Therefore, I am going long around 1.3180 with SL around 30 pips. Target exit is around 1.3260.
Notice
Hello everyone,
Due to some commitment, I will not be posting update for these 2 weeks. Sorry about it. Hope everyone is making good money.
I wish everyone great wealth and health. I will be back next week. Sorry about it.
Due to some commitment, I will not be posting update for these 2 weeks. Sorry about it. Hope everyone is making good money.
I wish everyone great wealth and health. I will be back next week. Sorry about it.
Eurusd update - 17 Feb 2012 Fri
Hello all,
Sorry been busy whole morning.
I just pick short around 1.3130 with 40 pips SL. I think today market will turn down and retest support at 1.2980. This will be my target price.
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Sorry been busy whole morning.
I just pick short around 1.3130 with 40 pips SL. I think today market will turn down and retest support at 1.2980. This will be my target price.
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Eurusd update - 16 Feb 2012 Thurs
Good morning guys,
Sorry didnt give my update yesterday.
Anyway, today, I look to pick short again around 1.3125 - 1.3150 with 50 pips SL. Target exit is around 1.3020.
Sorry didnt give my update yesterday.
Anyway, today, I look to pick short again around 1.3125 - 1.3150 with 50 pips SL. Target exit is around 1.3020.
Eurusd update - 14 Feb 2012 Tues
Happy Valentine's day to all!
Eurusd is forming consolidation now. I still favour picking short and i feel that eurusd will pull back to 1.3250, good to short near 1.3250 with 40 pips SL. Target exit is 1.3150.
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Eurusd is forming consolidation now. I still favour picking short and i feel that eurusd will pull back to 1.3250, good to short near 1.3250 with 40 pips SL. Target exit is 1.3150.
- Posted using BlogPress from my iPad
Eurusd update - 10 Feb 2012 Fri
Good day all
There is a high chance eurusd will be consolidating today. Since yesterday eurusd did a marginal high.
I would favour picking short if eurusd trades back up to 1.3110 with 40 pips SL. Target exit is around 1.3150.
There is a high chance eurusd will be consolidating today. Since yesterday eurusd did a marginal high.
I would favour picking short if eurusd trades back up to 1.3110 with 40 pips SL. Target exit is around 1.3150.
Eurusd update - 9 Feb 2012 Thur
Good morning all,
Just a quick update.
Yesterday, eurusd form a reversal sign.
Today, I favour picking short around 1.3270. SL around 40 pips. Target exit is around 1.3140.
Just a quick update.
Yesterday, eurusd form a reversal sign.
Today, I favour picking short around 1.3270. SL around 40 pips. Target exit is around 1.3140.
Eurusd update - 8 Feb 2012 Wed
Good morning,
Yesterday, Eurusd triggered my SL. This is based on fundamental news. Right now, eurusd broke the resistance level at 1.3235 and remains above it.
Today, I expect eurusd to retest this level before turning up again. Good to pick long around 1.3210 with 40 pips SL.
My 1st target is at 1.3325. If eurusd breaks above, my next target top is 1.3550 - 1.3600.
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Yesterday, Eurusd triggered my SL. This is based on fundamental news. Right now, eurusd broke the resistance level at 1.3235 and remains above it.
Today, I expect eurusd to retest this level before turning up again. Good to pick long around 1.3210 with 40 pips SL.
My 1st target is at 1.3325. If eurusd breaks above, my next target top is 1.3550 - 1.3600.
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Eurusd update - 7 Feb 2012 Tues
Good morning,
I would favour going short today around1.3150 - 1.3200 with SL about 50 pips. Target exit is around 1.3050.
Be cautious of eurusd breaking from consolidation.
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I would favour going short today around1.3150 - 1.3200 with SL about 50 pips. Target exit is around 1.3050.
Be cautious of eurusd breaking from consolidation.
- Posted using BlogPress from my iPad
Eurusd update - 3 Feb 2012 Fri
Good day all,
Eurusd is forming a consolidation range 1.3025 - 1.3235. I do favour looking for short.
However, as mentioned, I will stay out for today as there are big figures releasing around 830pm SG time. I will wait for either breakouts or pick short if eurusd does a reversal today without breaking 1.3235 but again, I expect some big swings tonight. So be patient everyone.
Eurusd is forming a consolidation range 1.3025 - 1.3235. I do favour looking for short.
However, as mentioned, I will stay out for today as there are big figures releasing around 830pm SG time. I will wait for either breakouts or pick short if eurusd does a reversal today without breaking 1.3235 but again, I expect some big swings tonight. So be patient everyone.
Eurusd update - 2 Feb 2012 Thu
Good morning,
Yesterday was a good trade.
Today I am staying out as mentioned, there will be some figures releasing so see how the figures will swing first.
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Yesterday was a good trade.
Today I am staying out as mentioned, there will be some figures releasing so see how the figures will swing first.
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Eurusd update - 1 Feb 2012 Wed
Hello everyone,
Eurusd hit a triple top and turn down. However, now is not the time to rush in.
Tonight and tomorrow we will see some major data releasing in US. There is a high possibility that eurusd will swing.
Anyway, I just pick long around 1.3050 with 30 pips stop. Target exit is around 1.3200.
Eurusd hit a triple top and turn down. However, now is not the time to rush in.
Tonight and tomorrow we will see some major data releasing in US. There is a high possibility that eurusd will swing.
Anyway, I just pick long around 1.3050 with 30 pips stop. Target exit is around 1.3200.
Eurusd update - 31 Jan 2012 Wed
Hello all,
Sorry never get to update. Went out to see doctor today. Chinese New Year too much goodies!
Anyway, eurusd formed a reversal sign. However, breaking above 1.3225, will bring us to 1.3350.
This week, there are some big figures releasing so since I got no position, I will wait.
- Posted using BlogPress from my iPad
Sorry never get to update. Went out to see doctor today. Chinese New Year too much goodies!
Anyway, eurusd formed a reversal sign. However, breaking above 1.3225, will bring us to 1.3350.
This week, there are some big figures releasing so since I got no position, I will wait.
- Posted using BlogPress from my iPad
Eurusd update - 30 Jan 2012 Mon
Good morning everyone,
Even though I favour eurusd to drop further, eurusd continues to climb higher with a possibility of climbing to a high of 1.3350.
Today, we can look to pick long around 1.3150 - 1.3160 with 40 pips SL. Target exit is around 1.3300.
Even though I favour eurusd to drop further, eurusd continues to climb higher with a possibility of climbing to a high of 1.3350.
Today, we can look to pick long around 1.3150 - 1.3160 with 40 pips SL. Target exit is around 1.3300.
Eurusd update - 26 Jan 2012 Thurs
Good morning all,
Yesterday, eurusd pulled down all the way to trigger my SL then turn up again. This is due to fundamentals.
Today I reckon that eurusd will continue to turn up. Good to pick long around 1.3040 with 50 pips SL. Target exit is around 1.3150.
Yesterday, eurusd pulled down all the way to trigger my SL then turn up again. This is due to fundamentals.
Today I reckon that eurusd will continue to turn up. Good to pick long around 1.3040 with 50 pips SL. Target exit is around 1.3150.
Eurusd update - 25 Jan 2012 Thur
Good morning,
Yesterday, eurusd manage to reach my target bottom. However it's late into my night. Well, I actually cancel my order after evening around 7pm SG time.
Today I reckon that eurusd may hit 1.2980 region again.
Good to pick long around this region.
SL can be place just below 1.2960. However, take caution if eurusd breaks below 1.2960. Target exit should be around 1.3090.
Yesterday, eurusd manage to reach my target bottom. However it's late into my night. Well, I actually cancel my order after evening around 7pm SG time.
Today I reckon that eurusd may hit 1.2980 region again.
Good to pick long around this region.
SL can be place just below 1.2960. However, take caution if eurusd breaks below 1.2960. Target exit should be around 1.3090.
Eurusd update - 24 Jan 2012 Tues
Good morning everyone,
Yesterday, eurusd went in our favour but did not hit my entry. Busy running around for Chinese New Year.
Today, I expect eurusd to go down to 1.2960. Therefore go to pick long around this level with SL around 40 pips. Target exit is around 1.3090.
HAppy Chinese New Year to all!!!! May all have abundance in 2012!!
Yesterday, eurusd went in our favour but did not hit my entry. Busy running around for Chinese New Year.
Today, I expect eurusd to go down to 1.2960. Therefore go to pick long around this level with SL around 40 pips. Target exit is around 1.3090.
HAppy Chinese New Year to all!!!! May all have abundance in 2012!!
Eurusd update - 23 Jan 2012 Mon
Good morning everyone,
I am sorry for the mispost on Friday. I didn't realise it was not up.
Anyway, my correction day came 1 day later as the last forecast on Thurs.
Today, without breaking 1.2850, good to pick long around 1.2870 with SL about 30 - 40 pips. Target exit 1.3000.
I am sorry for the mispost on Friday. I didn't realise it was not up.
Anyway, my correction day came 1 day later as the last forecast on Thurs.
Today, without breaking 1.2850, good to pick long around 1.2870 with SL about 30 - 40 pips. Target exit 1.3000.
Eurusd update - 19 Jan 2012 Thu
Good morning,
I am looking at eurusd hitting the 1st resistance level at 1.2880.
Topside is also limited with 2nd resistance at 1.3000.
There is a high possibility of eurusd moving downwards today.
A possible correction back down to 1.2760.
Good to pick short if eurusd forms a double top today before US session opens.
I am looking at eurusd hitting the 1st resistance level at 1.2880.
Topside is also limited with 2nd resistance at 1.3000.
There is a high possibility of eurusd moving downwards today.
A possible correction back down to 1.2760.
Good to pick short if eurusd forms a double top today before US session opens.
Eurusd update - 18 Jan 2012 Wed
Hello all
I am staying on the sideline and continue to monitor the market.
Eurusd looks prone to trade higher due to news of US recovery being dampened.
I am staying on the sideline and continue to monitor the market.
Eurusd looks prone to trade higher due to news of US recovery being dampened.
Eurusd update - 17 Jan 2012 Tues
Hello all
Fundamentally, I still favour eurusd will turn down.
I am looking for short around 1.2850. SL around 40 pips. Target exit will be back to 1.2620. Breaking below 1.2620, will be the confirmation of the downtrend.
Fundamentally, I still favour eurusd will turn down.
I am looking for short around 1.2850. SL around 40 pips. Target exit will be back to 1.2620. Breaking below 1.2620, will be the confirmation of the downtrend.
Eurusd update - 16 Jan 2012 Mon
Hello guys
What a start for the year! The patience in trading must be well cultivated.
Like the shifu in kung-fu panda talks about the inner peace.
I favor eurusd going down further. However, I will try a short only if it breaks below 1.2620. SL about 40 pips. I will expect eurusd will drop to around 1.2450.
What a start for the year! The patience in trading must be well cultivated.
Like the shifu in kung-fu panda talks about the inner peace.
I favor eurusd going down further. However, I will try a short only if it breaks below 1.2620. SL about 40 pips. I will expect eurusd will drop to around 1.2450.
Eurusd update - 13 Jan 2012 Fri
Good morning everyone,
A bit late here as was busy writing another article.
Yesterday, eurusd triggered my stop. I don't really favour a long trade but fundamentally eurusd is looking to retrace higher.
I favour picking long around 1.2760 - 1.2780 with 40 pips stop. Target exit is around 1.2900.
A bit late here as was busy writing another article.
Yesterday, eurusd triggered my stop. I don't really favour a long trade but fundamentally eurusd is looking to retrace higher.
I favour picking long around 1.2760 - 1.2780 with 40 pips stop. Target exit is around 1.2900.
Eurusd update - 12 Jan 2012 Thu
Good morning everyone,
Eurusd is still trapped within consolidation. I do expect eurusd to retrace higher to test 1.3200. However, looking at the chart, it is quite unlikely as eurusd is strongly resisted at 1.2790 regions right now. Only in breaking this resistance level that we will see eurusd climb higher.
It is good to pick short around 1.2760 - 1.2780 with SL around 40 pips. Target exit is around 1.2650. Breaking lower will bring us to next support level at 1.2580.
Eurusd is still trapped within consolidation. I do expect eurusd to retrace higher to test 1.3200. However, looking at the chart, it is quite unlikely as eurusd is strongly resisted at 1.2790 regions right now. Only in breaking this resistance level that we will see eurusd climb higher.
It is good to pick short around 1.2760 - 1.2780 with SL around 40 pips. Target exit is around 1.2650. Breaking lower will bring us to next support level at 1.2580.
Eurusd update - 11 Jan 2012 Wed
Good morning,
Eurusd is trading in tight range, 1.2665 - 1.2820.
It's going to breakout soon. I favor waiting for breaking out either sides to enter. Right now, while within this range, I will just wait.
Eurusd is trading in tight range, 1.2665 - 1.2820.
It's going to breakout soon. I favor waiting for breaking out either sides to enter. Right now, while within this range, I will just wait.
Eurusd update - 10 Jan 2012 Tues
Good day,
Eurusd didn't reach my target bottom. However, eurusd looks prone to do a retracement up. I favor picking long if eurusd reach the low of 1.2720 again with 50 pips stop. Target exit around 1.3200.
Eurusd didn't reach my target bottom. However, eurusd looks prone to do a retracement up. I favor picking long if eurusd reach the low of 1.2720 again with 50 pips stop. Target exit around 1.3200.
Eurusd update - 9 Jan 2012 Monday
Good morning everyone,
Happy new year to all once again!
Last week, eurusd broke the support level and dive down to 1.2685.
This week, eurusd may hovers again after reaching 1.2600 regions. I expect strong support at this level. I also favour eurusd to drop further but there may be a retracement back to 1.3200 before dipping further.
Therefore, I favour picking long near bottom around 1.2600 regions this week. Stay tuned!
NOTE: Hello guys I have updated the PnL page. Last year result was good, total profit in terms of pips is 1680.
Happy new year to all once again!
Last week, eurusd broke the support level and dive down to 1.2685.
This week, eurusd may hovers again after reaching 1.2600 regions. I expect strong support at this level. I also favour eurusd to drop further but there may be a retracement back to 1.3200 before dipping further.
Therefore, I favour picking long near bottom around 1.2600 regions this week. Stay tuned!
NOTE: Hello guys I have updated the PnL page. Last year result was good, total profit in terms of pips is 1680.
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