Posts Tagged ‘oil

06
Aug
08

17 pips on the EURUSD

The London Session was a range market which evolved into a down-trending market during the New York session.  I took a modest 17 pips but I am quite happy with that results because there was not much fear nor impulsive trades.

What’s more, I’m reading Trading in the Zone and it looks like a truly great book !  Maybe I should finish it before trading again.

06
Aug
08

Eurusd daily analysis

No news today.  It will be a technical-analysis only day.  Beware : Crude Oil inventories are due today @ 10:35amET.

EURUSD Daily Supports and Resistances

S1= 1.5404

R1= 1.5534

CCI is oversold on the daily chart but 50 moving average have finally turned negative.  It might mean that there will finally be a breakout from the 1.53-1.60 box we’ve been in since February.  Given that no bottom was formed, wait for an CCI overbougth area on the 5 min chart to short the cross.




June 2017
M T W T F S S
« Aug    
 1234
567891011
12131415161718
19202122232425
2627282930  

Recent Comments