Reza Ajorloei
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9 Year of trading Experience
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Comment Wall (3 comments)

At 5:34pm on March 12, 2012, Razvan Constantin - Nick said…

I see the short at 1.3220-1.3240 had a nice move away from this zone...maybe this time it breaks the 1.31 zone dives to the origin of a nice move to the upside...

At 12:06pm on June 26, 2012, william amosun said…

Hi Reza, are you still long on eurusd 

At 1:41pm on June 26, 2012, william amosun said…


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Reza Ajorloei's Blog

EURUSD 05 Sep 2012

Posted on September 5, 2012 at 9:34am 1 Comment

Hello All,

Euro moved above 1.26oo handle and as was told before touched weekly channel resistance around 1.2630/50, decline from this last resistance for me not start for another leg down as long as price is above 1.2300/50. I think we will see daily consolidation below 1.2650 and above 1.2400 for even 2-3 weeks ahead. 1.2440/50 is key level support of H4 channel so be cautious regarding to aggressive selling.

I prefer Buying pair  below 1.2500 and selling it above…


EURUSD 29 Aug 2012

Posted on August 29, 2012 at 8:50am 0 Comments

Hello all,

Euro well supported above 1.2450 after last run to 1.2580 resistance, after 2 day consolidation in 1.2470-1.2580 range now we can expect pushing rate higher  for 1.2630/50 resistance test in coming sessions where 15 months decline resistance is located ( see chart ), also 1.2650/60 is up channel for rising from 1.2040. So my expectation is bullish move to 1.2650/60 resistance albeit in slow pace. In long term view we have to wait and see what will be reaction to this…


EURUSD 23 Aug 2012

Posted on August 23, 2012 at 10:07am 0 Comments

Euro well moved above 1.2500 as was expected in previous post, touching 1.2570 in early Europe morning. Expect consolidation phase above 1.2480/2500 before next leg up nearing 1.2600/2630 resistance, consolidation may continue even tomorrow.  Entering  long below 1.2500 for 30-40 pips profit taking is recommended with stops below 1.2450.…


EURUSD 21 Aug 2012

Posted on August 21, 2012 at 7:00am 2 Comments

As shown in H4 chart euro is trapped  between  1.2280 ( H4 channel support ) and 1.2380 ( triple top resistance ), break and closing hourly candle outside of this range is needed for trend confirmation. Keep in mind fake break of 1.2280/90 support is possible but My view is returning above 1.2400 targeting 1.2600 in coming days. Enter long below 1.2380/2400 with stops below 1.2300 and first targets above 1.2500.





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