Rao Khassan's Blog – April 2013 Archive (6)

EURUSD short-term trading

Hello traders,

EURUSD has found yesterday its local high aroung described 80 area. The pullback to 1.2990 was more agressive than could be expected.

At the moment pair has several support points in 1.3010-1.3000 area. The first resistance is 1.3040, which was tested during previous hour.…

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Added by Rao Khassan on April 26, 2013 at 8:56am — 6 Comments

EURUSD short-term trading

Hello traders,

Yesterday we had a nice discussion so thank all of you and Peter jcp in particular!

EURUSD may have found its min level at support pivot 1.2955 and already went 100+ pips higher from that point. Above 1.3015 I expect more bullish move to come.

Though my trading is based on short-term positions, I believe EURUSD…

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Added by Rao Khassan on April 25, 2013 at 8:03am — 6 Comments

EURUSD short-term trading

Good morning traders,

Yesterday we've seen a profitable jump for EURUSD sellers thanks to weak European PMI data. The price has stopped at 1.2975 area, which was suggested by a support trendline (marked red on the chart below):

Recent uptrend move on EURUSD, according to wave analysis,…

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Added by Rao Khassan on April 24, 2013 at 7:05am — 14 Comments

EURUSD short-term trading

Hello traders,

I continue coverign my short-term trades on EURUSD. If you feel you need more info for understanding you can have a quick look on my previous thread.

In recent days…

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Added by Rao Khassan on April 22, 2013 at 10:27am — 1 Comment

EURUSD short-term trading

Good morning traders,

Yesterday's price action on EURUSD went in a tight range of ascending channel. In general, I expect from Friday several attempts to post new local hights (1.309-1.312) with possible strong decline after its rejection.

Today I started with opening buy position from 65 (during the test of marked red line on the chart below) and closed this trade recently at 92, as resistance line (on the 2nd chart) was touched.

The price has moved just 1 pip higher…

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Added by Rao Khassan on April 19, 2013 at 9:07am — 8 Comments

Short term buy position on EURUSD, 18.April

Hello traders,

This morning I expect opportunity for an elegant move on EURUSD. In Peter's thread I started covering my buy positions on EURUSD from 40s area, but the last move is interesting as an independent trade.…

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Added by Rao Khassan on April 18, 2013 at 10:11am — 4 Comments

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