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 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.

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.

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.

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.

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.

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.