EURUSD - Intraday Strategy (22 Jan 2013)

Pivot: 1.3332

Recommendation: LONG positions above 1.3332 with 1.3365 & 1.3390 as next targets.
Alternative scenario: The downside breakout of 1.3332 will open the way to 1.3279/1.3247.
Comment: The pair's already broken above the key resistance 1.3332, above this levels will push the pair higher towards 1.3365/90 levels, even may break above 1.3404, below 1.3332 will call for a rebound to 1.3279/1.3247 levels..

Best Regards
Haitham

Views: 2166

Tags: EUR/USD, EURUSD

Comment by Hammad on January 22, 2013 at 5:46am

Haithem bro where to put the stop???

Comment by Haitham653 on January 22, 2013 at 5:51am

don't risk too much 10 or 15 pips below 1.3332

Comment by Hammad on January 22, 2013 at 6:21am

and where to place the alternative sell order??

Comment by Florence Lery on January 22, 2013 at 6:23am
GM Haitham - when u say "breach 1.3332" on which TF do u talk about - H1 pls?
Comment by Florence Lery on January 22, 2013 at 9:18am

good thing I had lock 30 pips profit on my long - now I am short 

Comment by Haitham653 on January 22, 2013 at 9:23am

The EURO collapses at 1.3370 wow !! 

Comment by Florence Lery on January 22, 2013 at 10:07am

choppy day - good ZEW might take e/u to 1.34 and beyond maybe...:)

Comment by Florence Lery on January 22, 2013 at 10:22am

I guess Haitham u still have ur buy pending order at 3410 - :)

Comment by Haitham653 on January 22, 2013 at 10:25am

No, still bullish, a daily close below 1.3279 will open the way to 1.3189/1.3139 and may be 1.3000!!

Comment by Haitham653 on January 22, 2013 at 10:27am

Yes I still have it at 1.3410 !!

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