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.
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.
- Posted using BlogPress from my iPad
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.
- Posted using BlogPress from my iPad
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
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