Recommendations: LONG positions above 1.3493 with 1.3570 & 1.3615 as next targets.
Alternative scenario:The downside breakout of 1.3493 will call for a slide to 1.3460/15 .
Description: The pair trades above its support 1.3493, stability above this level will build a pressure on the 1.3570/1.3615 levels,break of 1.3618 will advance the pair towards the 13711 levels, further upside will aim the 1.3785 levels.On the downside ,…
Added by Haitham653 on September 26, 2013 at 5:12am — No Comments
Added by muthusamy perisamy on September 26, 2013 at 3:05am — No Comments
Added by muthusamy perisamy on September 26, 2013 at 3:04am — No Comments
The attached chart shows a pretty tight range for the past 5 days. Looking at the recent CHF strength it looks likely a break out to the downside will occur. I suggest watching price action closely.…Continue
Added by fx-Syndicate on September 25, 2013 at 6:00pm — No Comments
This signal is based on Murray Lines and 2nd and 3rs deviations of 200 SMA built in BB, on daily TF.
Added by Daologic on September 25, 2013 at 5:00pm — No Comments
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Added by Francesc Riverola on September 25, 2013 at 4:21pm — No Comments
Currently we are at 0.9358 and sitting on the 618 Fibo. WE anticipate continued downside first to the .786 Fibo @ 0.9288 and then the double bottom. The big target is the S5 at the 0.9154. The ATR (Average True Range) for the pair currently is 102 pips.…Continue
Added by Scott Barkley on September 25, 2013 at 1:10pm — No Comments
EUR/NOK is not a pair that I don't have extensive experience with, but it does offer opportunities. I'm noticing that price has moved into what I consider the upper end of the range for the last several months, so I think a sell with a reasonable stop makes sense from a risk reward perspective:…Continue
Added by Jason Justin Macko on September 25, 2013 at 11:30am — No Comments
Added by Jason Sen on September 25, 2013 at 10:54am — No Comments
What do I want to do as a trader?
I want to make money.
how can I make money trading?
I can buy when prices are going to go up and sell when prices are going to go down
What makes price go up?
If there are more buyers than sellers
How can I know if there are more buyers than sellers?
Price is higher than it used to be
Why are you holding that…Continue
Added by Carol Harmer on September 25, 2013 at 8:37am — No Comments
*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.3481
Buy Stop: 1.3463
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING…Continue
Added by Martin Kay on September 25, 2013 at 8:02am — No Comments
Added by Carol Harmer on September 25, 2013 at 7:52am — No Comments
Let take a world lap.
USD/JPY rallied to 99 aided by Japan’s corporate tax talk overnight but it didn’t last and came back to 98.60/70 at the London opening.
There was significant selling from locals in Asia and such selling is expected to continue into the month/ half year end.
Trading wise, I actually gave up long USD/JPY as the pair has been virtually stuck. Looking at US markets, stocks kept dropping while UST kept rallying for…Continue
Added by Hedgeson on September 25, 2013 at 7:29am — No Comments
I keep my SHORT position on EUR/USD @1.3486 TP 1.3070 SL 1.3570
LONG USD/JPY @98.40 TP anywhere above 100 SL 97. 70 ahead of US Durable Goods (expect a good read)
Added by Bagehot Tomas on September 25, 2013 at 7:18am — No Comments
Kindly note that BOB means buy stop and BOS means Sell stop place my strategy with SL .after hit Sl your TP should Be equal to Previous SL.
MARKET UPDATE 25.09.13
EUR/USD: Sell Near 1.3495,TP1.3450/23,SL1.3515,BOB1.3523
GBP/USD: Sell Below 1.6005,TP1.5955/35,SL1.6035,BOB1.6043
GOLD: Buy above1325, TP1331/35, SL1320, and BOS 1318
#CL: Buy above 103.40,TP103.75/104.15,SL103,BOS 102.98.
USD/JPY: Buy above…Continue
Added by Usman Ali on September 25, 2013 at 6:48am — No Comments
Despite Monday’s strong decline there has been conflicting signals in EURGBP. The market has been unable to extend those losses with a Marabuzo line from last Thursday attracting buyers.
But this bullish signal is offset by the limited nature of renewed upside and a failure to hold the highs which, despite minor upside in Asia, is expected to act as the backdrop to today’s trading.
So we look for lower levels to develop but until the Marabuzo line, .8407, breaks then caution…Continue
EUR is going to look for support at the 1.3440-50 area, there it will face the Ichimoku cloud, and will turn to the upside again, of course all are waiting for jobless claims and mr.Draghi's speech, until Friday, the pair is going to look for support with bearish tone.
GOLD seems stable above 1320, maybe it is a good possibility to try some LONG here.
LONG EUR above 1.3440 SL 1.3425 TP 1.3490-1.3560-1.3590-1.3620
SHORT EUR below 1.3490 SL 1.3505 TP…Continue
Added by Jason Sen on September 25, 2013 at 5:42am — No Comments