Search results

ok, we are now at 1.8395/00, moved stops to breakeven now.

typo, that was a "buy" of course. This is a short term trade for 50 pips target and 30 pips stop loss. move stop to breakeven after we get 25 pips in our favor and lock 10 pips if we get 40 pips in our favor. Keep the orders placed and Good Luck!

but GBPUSD now at 1.8370

Its 11:45 am London time, Euro is at 1.2670, sterling at 1.8360, swissy at 1.2320, and I wont talk about JPY because Japanese interventions are just killing USDJPY pair as a trading instrument. Ok, we see $US bulls showing little bit of strength finally, but its still way too early to talk...

EURGBP protective stop was triggered at 6930, booking 30 pips of profit (+2.36%). For now, I think its best to stand aside... Good Luck Everybody, Rezo

Ok, here is the chart 240 min on eurusd. As far as I see it, latest 2 levels where we can pass through the line are the monday after Saddam capture and last week 2550s low. So, as we see, the support (if at all), may come near that line around 1.2650 and 1.2690 areas, depending when we get...

Hello Everyone, just wanted to update - stop moved to entry on EURGBP. good luck

I am finished for this week. Keeping the eurgbp trade open. see you all later and have a great weekend! Rezo

here it is at the moment. If we look at it, we see that at least the minor top was really formed near the entry point. Now there is the 6920/30 area that should be cleared which should trigger 6870/80 - our initial target. This action may occur probably only next week (if it will). So, lets...

Hello everyone, Ok, holding the short position on eurgbp at 6960. Here is the chart the moment it was when entring.

sell eurgbp now at 6960 with stop at 7005 and initial target at 6875, followed by 6740/50 good luck!

Hi Everyone, Ok, the canadian trade was stopped out with 74 pips loss. I entered a position, but its late now to post about is... see you all later, and good luck!

well, I wrote too much about the Euro, and now I am tired to say anything about the current open position. Couple words - as we can see, its on the trend line on 240 mins now, and same here - if we break upside, not only my stop will be taken out, but we also have a situation for further...

Here's the candle on daily chart.

As we see, we are very close to the trend line which was holding the Euro to correct below it for 2 months now. Will it hold once again? well, on the one hand, we can say that it was supporting the trend long enough, and there are good chances to break the line, but on the other hand, the longer...

Hi Everyone, Still holding the short USDCAD trade. Price currently is at 1.2900, stop was almost hit today, but now we are slightly lower. Market seems to be coming out of the holiday season and we are trying to decide whether all the rally over the holidays at thin market conditions was...

Sell USDCAD now @1.2861 with stop at 1.2935 with half covering at initial target 1.2730 and holdinig the rest for the 1.2650. and as I mentioned in the original post about this trade, move stop to breakeven after +40 Good Luck!

Now if we look at the 60 min chart, we see that there is a possibility for double top to be formed in that very 1.2950/70 area we saw on the daily chart. This is yet another reason to concentrate our view on that level. To sum up: lets look for slight correction to take place (lets hope)...

On daily chart we see the consolidation we had in the end of the year, and now with renewed strength, bears are pressing the price lower. As it can be observed, the consolidation (flat) area was broken at 1.2950/70 area, and now we should see acceleration of the move. I may use any move towards...

If we look at the weekly chart, there is no doubt on where was it going till now and the way! it was going. A whole year of one way game. Most chances such a strong trend (sentiment on the market) not to disappear too soon, so we have a good possibility to catch USD weakening here