Rao Khassan's Blog – May 2013 Archive (4)

EURUSD short-term trading

Good morning traders,

EURUSD continues sliding down, this morning the pair tested 1.29 level. 

Taking a look at the chart above, you can see we got very close to an important point where support trendline (1.2884) meets daily (1.2880) and monthly (1.2875) pivot point. From here we can…

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Added by Rao Khassan on May 15, 2013 at 7:36am — 2 Comments

EURUSD short-term trading

Hello traders,

There's a quick buy signal for short-term trading on EURUSD. The pair currently tests support line for the 3rd time. I try long positions from 1.3125, sl below 1.3117.…

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Added by Rao Khassan on May 9, 2013 at 12:48pm — 1 Comment

EURUSD short-term trading

Hello traders,

Price action on EURUSD this morning is not volatile, we're trading in a 50 pip range 1.3140-1.3090.

Both on 15 min and 1 min timeframes we are close to resistance lines. I expect the pair to break this range to the upside. We'll get confirmation of the upside move once EURUSD get above 1.3120. The following level to watch higher - 1.3170. 

If we get lower, EURUSD may find support at…

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Added by Rao Khassan on May 6, 2013 at 10:18am — No Comments

EURUSD short-term trading

Hello traders,

Yesterday trading was tough and risky, and I hope it was profitable for you.

EURUSD bottomed yesterday at significant support level 1.3030, from were it climbed back at already 80 pips:

Currently the pair spiked up to 1.3110, where 15 min MA and several resistance levels…

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Added by Rao Khassan on May 3, 2013 at 7:08am — 6 Comments

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