Thursday, November 29, 2007

ECB & its EURUSD Diabolic Dip

ECB rate next week will keep the eurusd dip on the shallow till decision is released. If not, any ‘diabolic’ dip then is a buy ahead of the ECB. Euro 15012 has to be screened and Crude Oil @ $100/bl should set an unpleasant record for the economy.

Happy Trading



Wednesday, November 28, 2007

EUR/USD Signal (Nov 28)

Look to get long the eur/usd between 1.4730-1.4700.

EUR/USD 4hr Chart:


Monday, November 26, 2007

Forex Market Update Nov 26

EURUSD reversal on Friday is ‘shaky, inconvincible & weak’ as Thanksgiving Holiday illiquidity ensured a wrong movement.

I would prefer considering Wednesday Closing rather than Friday’s even though I am seeing ‘extra’ dips in eurusd which will be nothing but a preparation for launching short trend to pierce 150euro-psycho price.

For the sake of the trading do not sell 15000, and buy the high of the previous week to pierce that 15000 (signal); next target 15330, but not before major choppy moves as this Friday is the time for a monthly close (should be scary this one)!


Saturday, November 24, 2007

EUR/AUD Signal (Noc 23)

Currency: EURAUD
Trade Objective:Against Correction follower
Trade Entry Validation:23 Nov - 23 Dec
Trade Volatility:Medium
Trade duration once filled:min 1 Hr, max 10 days
Trade Selectivity:Buy Side Only
Spread Consideration:Set the trade as it is below in its exact form
Before you trade note:N/A
Long 16950 target 30pips exact @ 16980

Enjoy Euro Cross Trade.

Wednesday, November 21, 2007

Euro and Cable Update (Nov 21)

The euro is back at resistance, 1.4840. Because of what is setting up longer-term I would look to short again between 1.4850-1.4900 or better. We’ll probably get a few more chances at the trade so be ready to take action when it trades in this zone.

Roll stops up on the cable long from the 2.0550 area. Have a great Thanksgiving!


GBP/USD Signal Nov 21

Look to buy the cable around 2.0580-2.0550. Hold the longs from below.


Monday, November 19, 2007

EUR/USD Signal Nov 19

Look to sell the euro between 1.4730-1.4750 and then again at 1.4800.

EUR/USD 4hr Chart:


Thursday, November 15, 2007

GBP/USD Signal (Nov 15)

Good morning! If you shorted the euro near 1.4700, you're a happy camper now. While that trade is working my attention is drawn to the cable. I'll be looking to get long near 2.0450 and 2.0400. Yesterday and last night there were some nice bounces off 2.0500.

GBP/USD 4hr Chart:


Sunday, November 4, 2007

Euro/USD New Signal (Nov 2)

Forex Signals


Saturday, November 3, 2007

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