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.

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!

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.

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.

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

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!