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.
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.
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