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- sade27 commented Mar 22, 2013
Has any one identified any good trade today?. The market seems very dull today. Or am I alone?
USD/JPY Retracement In the Works? (March 22, 2013)
- sade27 commented Mar 22, 2013
Shorting USD/JPY might not be a good idea now. All the EMA s especially 20EMA are below the price action . Better to be long at least until 95 .84 is retested. I thing it is trying to go into a Range here or better still stay off and watch how ...
USD/JPY Retracement In the Works? (March 22, 2013)
- sade27 commented Mar 21, 2013
Taking another look at EUR/AUD If it can break the present support at 1.23450 (5mins T/F it may break this soon or retest the 50% Fib again). If it breaks it, it will result in a great sell to 1.22991 on daily T/F
EUR/AUD Accelerates Downtrend in Falling Channel
- sade27 commented Mar 21, 2013
EUR/AUD does not look too great to me. Although it has passed the 50% Fib on the Weekly T/F but the downward journey may be halted around 1.23269 before getting to the 61% Fib NZD/USD looks to me a better choice
EUR/AUD Accelerates Downtrend in Falling Channel
- sade27 commented Mar 21, 2013
Thank you KevinThomas. The pivot point is 0.8244 along way down however there a very strong support there . If it can break this it will be a very good trade indeed on the daily T/F.
Eurogroup to hold call at 18:00 GMT
- sade27 commented Mar 20, 2013
USD/JPY is buying . This may be a good time for EUR bulls to rethink their position.
Fed Keeps $85 Billion Pace of Bond Buying as Job Market Improves
- sade27 commented Mar 20, 2013
With the price action 0n EUR as it is presently I always stay aside and watch
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
Yes you right there, if it drops to 1.2920 or even 1.28438 there is still strong possibility of bullish continuation at this points. I can only sell when it gets back to 1.28575.
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
Eur has started falling but ichimoku cloud is still supporting it in the 5 min chart
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
I am bullish on this too. But I have also put my safety belts on. I won't call this confusion. I can only call it caution.
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
I tested the Moving averages 200,100, 50, 20 and 10 , they are all in strong bearish alignment in 4hrs.However EUR is still showing a strong bullish stance against the USD in Forex Climate. I guess we just have to wait and see.
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
It may pay to listen to him. His analysis make makes sense. EUR may turn back here (1.29740) or at 1.30236 or beyond. If it does make a turn back, it could sell to 1.26610. Otherwise it could buy to 1.31061 before selling again
EUR/USD is Bearish, but is Losing Steam
- sade27 commented Mar 20, 2013
Beware when EUR gets to 1.30261 the market may reverse there. And if it does reverse there will be serious selling.
Cyprus in urgent talks to avert financial meltdown