Showing posts with label update euro. Show all posts
Showing posts with label update euro. Show all posts
Posted by millionaire | Monday, June 22, 2009 | | 0 comments »


Daily eur/usd chart above indicate correction still intact while below uptrendline,confirmation is needed to breakdown below 1.3715 for strong bearish invitation.a breakout above 1.4030 should resume the price higher toward 1.4180.Meanwhile,below 1.4030 price should challenge 1.3715 anytime where the breakdown below euro should sink deepere toward 1.3650 or lower around 1.3550

Posted by millionaire | Wednesday, January 28, 2009 | , | 0 comments »


hello trader,

Look like cable chart above show a strong rebound toward 1.4355 resistance,while the major trend still down,i favor to sell cable toward 1.3530 as a first target and 1.30 2nd target,we have a risk toward 1.4355,every movement toward this resistance should seen as a chance to sell.We could not deny a breakout above 1.4355.Do not forget to minimize our risk,stop loss should be in place around 1.44 to 1.4500.



Euro above show the same pattern like cable before,they bounce as a correction to collect some energy for rolling to downward again^^.

While this bouncing should limited below 1.3385 i favor to sell euro toward 1.2770 as a 1st target and 1.2330 as a 2nd target.don't forget to put our stop loss around 1.3500.

ok enuz for this time..good luck everybody.set up your trade and close your chart,see the next days or after to collect your reward^^.