Daily afternoon analysis of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas. www.DailyFX.com
www.rasinwest.com Обзор пары евродоллар Eur/Usd на рынке форекс от 21.12.2009 Delfin-S Eurodollar Forex Technical Analysis 21 December 2009
Although the EUR/USD managed a net move of just 2 pips from New York open to London close, there was an opportunity for a conservative and moderately profitable trade on the currency pair. Japanese yen strength, a theme seen broadly during today’s Asian session, returned at the start of the session, pulling the EUR/JPY pair down 100 pips. A weak British pound dragged the GBP/USD down nearly 200 pips following chancellor Darling’s pre-Budget report.
In this video I discuss the price action of the EURUSD. I begin first with a quick review of the monthly chart, and I point out a possible huge H&S in the making. I then look at the weekly chart and point out the support level around 1.3100 as crucial for the next move in this pair. The 60 minutes chart reveals a possible dramatic preparation for a sharp fall in the EURUSD, of as much as 500 pips, should the 1.3100 level give way. The charts in this video are available for a free download from my website from the Downloads section. www.the-elliott-wave-practitioner.com
www.informedtrades.com Hi all Second bite on break above key resistance level foiled probably by the Dow reversing direction and Dollar strength returning in the short term. Still only a breakeven trade so no big deal but prompting me to really think about the way I trade. I have seen far too many 20-30 pip moves that have been lost in recent days, and those sort of trades should be my bread and butter so watch this space a small strategy change may be coming. Graeme
In this video I revisit the EURUSD currency pair. The fall since the recent high at the end of last year continues to subdive in a way that points now to a terminated or nearly terminated triangle 4th wave out of which the final plunge in this 5 wave fall will take place and take the EURUSD towards 124.00 floor. The charts in this video are available for free download from my website, from the Downloads section. www.the-elliott-wave-practitioner.com
EURUSD 18 11 2009 1 hour chart
Pardon me for the off sync of sound and visuals. My computer has a terrible problem. I think it’s still viewable so just bear with it. And its more important to hear what i have to say than the visuals itself. Please join www.informedtrades.com – The best trading site on the planet. The link to my this thread:
www.informedtrades.com Hi all Trendline break led to a short Managed trade to 5.75% profit which is nice. I did move the stop up 5 pips naughty me but there were good technical reasons to do so. Was I lucky, or was it good interpretation of price you decide! Graeme
It’s been about two years since I’ve done a new video. Once again, I’m learning as I go. So here’s a first in a series of experments. Let me know what you think.