PRICE ACTION

PRICE ACTION

piątek, 15 lutego 2013

Trading today
Summary:
+0,5% for a total of 1,25%/week
Today - Friday - it was worth to take break outs contrarian style. Missed one, but took retracement to SR instead. Notice divergences on a pic above.

wtorek, 12 lutego 2013

Today +0,19% - barely minimum...
1,3500 seems a key level till which I'll have slight bearish bias.

poniedziałek, 11 lutego 2013

Not a lot going on today.
Since the morning there was a few nice technical trades to take.
As I see price as price is acting today - expect a bit more of a pullback - at least to 1,3450, or even towards 1,3510 (also fibo 38,2%), as the first place is one that amateurs play.
Additional shorting spot is below 1,3350

Trading summary today: +0,32% (0,12% above minimum of 0,2%)

czwartek, 7 lutego 2013

A bit too early taken short resulted in only 0,2% gain.
Have to look for one more trade today.
Right now, if the strong momentum can bring us to 1,3600, will be the place to look for reaction.
I believe price will give a chance for good entry either long or short @ 1,3600

środa, 6 lutego 2013

EURUSD - where to look for a few pips today:
above 1,3550 - long
below 1,3510 - short

poniedziałek, 4 lutego 2013

niedziela, 3 lutego 2013

EURUSD trades for today.
Expect to see nice price action around 1,3580 level - looking to go long.
On the other hand I'll be watching 1,3675 and 1,3710 to take very short term counter trend trades.