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 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!

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.

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.

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.

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!

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.

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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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!

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!

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.

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.

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.

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.