Reza Ajorloei
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  • Tehran
  • Iran
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Reza Ajorloei's Page

Profile Information

About Myself
9 Year of trading Experience
Trading style
Competent Trader
Current Broker
GCI, FXOpen,FXCM

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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 area...it 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…

thanks

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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…

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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…

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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.…

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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.

Thanks

Reza…

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