Posts Tagged ‘pips

07
Aug
08

EURUSD daily analysis

News :

* 12:00 – German industrial production (medium)

* 13:45 – minimum bid rate (High)

* 14:30 – ECB Conference Press (High)

* 14:30 – Unemployment Claims (medium)

* 16:00 – Pending Home Sales m/m (High)

EURUSD Daily Supports and Resistances

R1= 1.5510

S1= 1.5395

There seems to be a reversal underway.  Look for long entry points during the London Session ; New York session might be unstable or trading in a range : look for reversals.  If the London Session ends quietly then we might have a trend during the American Session.  Beware : insider trading is necessary for the creation of trends and it takes place before the annoucements (exemple : London last week, Germany’s GDP this week, Turkey’s court decision last week).

Advertisements
04
Aug
08

EurUsd : 14 pips

I entered right after the first blue arrow and set a 14 pips take profit target.

I was not here when the second arrow appeared.

And I should have had a red arrow at 4 PM but it didn’t appear for some reason.  Got to check my code.




December 2017
M T W T F S S
« Aug    
 123
45678910
11121314151617
18192021222324
25262728293031

Recent Comments