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- candlesticks replied Mar 24, 2009
EUR-USD has taken out yesterday's low. Looking at Daily chart, we see that there is plenty of room on the down side. A close below yesterday's low 1.3485 on an HOURLY chart will confirm a move to the down side. With retracement possible to 38.2% ...
EURUSD
- candlesticks replied Mar 24, 2009
EUR-USD 30 min Chart shows that we are still in a down trend. Only a break of the upper trend line will change the trend to up or sideways.
EURUSD
- candlesticks replied Mar 24, 2009
EUR-USD still range bound, 1.3738 - 1.3485 (285 pips). With Harrami and Doji on the daily chart my bias is to the down side. IF we price should fall below 1.3485, it is likely we hit 38.2% of this last up move and reach 1.3248 area.
EURUSD
- candlesticks replied Mar 23, 2009
EUR-USD made a nice bull move last week. But on Friday we were not able to break above the 1.3738 level and formed a Harami. Which brought the bears in the market. The Weekly chart is still bullish as we have broken above 1.3093 resistance and have ...
EURUSD
- candlesticks replied Mar 23, 2009
DX ... Daily and Weekly Charts Today on the DAILY Chart, we have a Doji (indecision) made after a "harami" on Friday. The Weekly chart looks weak, and we could see a break of last week's lows this week. As long as last week's low holds we should see ...
EURUSD
- candlesticks replied Mar 22, 2009
DX (US Dollar Index) Daily and Weekly Charts: On the Weekly chart we see that the market made a Doji and then fell south. We have hit the "Zero line" on the CCI as well as the 200 SMA. We could get a bounce here as a 'zero line rejection' with 200 ...
EURUSD
- candlesticks replied Mar 21, 2009
COLLEGE DEGREE and FOREX TRADING: There are a number of things to consider and I will try to cover as many of them as possible: 1) Should a trader have a college degree? Bottom line- to be a good Forex trader you will need to know how to trade. To ...
College Major for an FX Trader?
- candlesticks replied Mar 21, 2009
Here is a great must read atricle. http://www.futuresportal.com/rules-of-the-retail-trader/ I have taken the liberty to change/modify to provide you with the jist of it. You can read the entire article at the link above. ...
EURUSD
- candlesticks replied Mar 20, 2009
1 min chart H/S pattern did not hold prices moved higher. See Chart.
EURUSD
- candlesticks replied Mar 20, 2009
1 min chart looks interesting. Could be a H/S or we could get a push up... Look at Stochastics very O/S.
EURUSD
- candlesticks replied Mar 19, 2009
EUR-USD move nicely up again today. But the intensity of the momentum has died down. After an intial rise we saw prices consolidating once London Closed. There are no Reports in the "Asian Session". We should see some price action as we have German ...
EURUSD
- candlesticks replied Mar 19, 2009
EUR-USD How High Can We Go? Looking to get to 61.8% retracement area. See charts
EURUSD
- candlesticks replied Mar 19, 2009
EUR-USD Hits "W" Formation target in "asian session" after US markets closed. See chart.
EURUSD
- candlesticks replied Mar 19, 2009
Rise of EUR-USD 3-18-09 — EUR-USD moved nicely on FMOC announcement to keep the interest rates <.25% Looking at the MONTHLY chart, we find that the 1.3093 level of resistance has been broken to the up side. Clearly ending the bearish trend for ...
EURUSD
- candlesticks replied Mar 18, 2009
EUR-USD presents an interesting scenario. It is ranging between 1.2931 - 1.3071 (140 pips). Looking at the 4 H chart it can either break to the up-side forming an ascending triangle. Or it can break to the downside forming a double top. With targets ...
EURUSD