Monthly Archives: June 2010

Worth watching

Good day traders! Just closed a 25 pip profit while watching the Netherlands won their respective match against the hard fought Slovakia. Its too late to give my daily review but I believe fundamentally these news are worth of reading: U.S. Personal Income and Outlays, a measure of the income received and purchases made by [...]

Trend and Retracement all the way

Good day pippers! I had a very long break last week. It has been quiet some time since I bring my family to a holiday trip. OK. Back to our analysis. In the recent weeks, to be precise, 2 weeks ago, Euro had seem to gain some momentum against the greenback. The highest price that [...]

Bull for now, Bear later but sure

Good day traders! I’ve been hit with a 50pips lost yesterday when I opened a sell position at 1.20800 and closed at 1.21300, which is my SL. The price never did go down but still in my trading zone (1.21200/1.20800). I’ve been drawing some more lines today, especially the start of the selling rallies and [...]

Staying Out

Good day traders! If there’s any good advice I want to give you guys now, than STAYING OUT seems to be the best thing to do. Frankly, I can’t see any movement from the pair. It’s just going sideways. Fundamentally, I don’t see any big movers news in today’s trading. But both tomorrow and Friday [...]

New Week, New Low

Good day traders! Hope you guys have been shooting some nice pips last week. This morning, I opened my laptop at 12.00 noon and suddenly I saw a new drop was recorded at 1.18965. To be frank, I’m quiet surprise as I thought 1.2000 would be a strong support for the pair. But it didn’t [...]

Bearishness All the Way

Good day traders! I know my post is just too late to publish. I’s so addicted to trading that sometime I forget to update my own blog! Sorry guys. But if you follow my trading strategies, I believe it haven’t change much. On my last post, I said that the pair is going towards 1.2000. [...]

Moving towards 1.2000

Good day traders! It looks like I missed the train already. A good short opportunity was found at 1.22500, towards the 1.22150 and 1.21592 line. Currently the price is moving at the 1.21390 level and more weakness should be soon. I’m looking forward for another short from this line towards the 1.20138 and eventually the [...]