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!
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.
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