All Blog Posts Tagged 'Fibo' (4)

Today I woke up stubborn

I used to trade as flexible as market moves themselves. But sometimes I get stubborn and see only one possible position to enter the market - just like now.

I see really strong resistance for EURUSD - 1.4280. And I won't place buy order at this instument till EURUSD dives lower for 150-200 pips, or breaks that point. Because I stupidly don't want…

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Added by Rao Khassan on April 4, 2011 at 1:29am — 2 Comments

FLASH update on EURUSD 29/03!

Be ready for a steady buy position on EURUSD in short-term very soon. [Chart and comments after cut]

At the beginning of European session EURUSD did a new high…

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Added by Rao Khassan on March 29, 2011 at 6:00am — 1 Comment

Short-term update on EURUSD

During Monday price action on EURUSD developed in line with my latter view on this pair: EURUSD gained almost 100 pips from its day low. I recognised this intraday uptrend as almost completed 3 waves, that means there's space for doubts if pair has found its local low @ 1.402 (by the way, it was tested this day and stood).…

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Added by Rao Khassan on March 28, 2011 at 10:00pm — No Comments

EURUSD @ 28/03

EURUSD did a straight bullish move starting from 17/03 (I notice it as the beginning of Fibo lines isn't caught at this screenshot). Subsequent decline (started 22/03) looks like typical correction move: please, pay attention that 1.422 peak is higher than previous 2 wave highest price value:…

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Added by Rao Khassan on March 28, 2011 at 1:30am — 1 Comment

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