Trading range 1,3013-1,3075
PRICE ACTION
środa, 6 marca 2013
poniedziałek, 4 marca 2013
Near term EURUSD play
Possible strenght till 1,3050-1,3070
Depending on PA we can go futher from there to 1,3150, or come back all the way to 1,2965
Considering downtrending channel we can expect strong resistance around 1,3120-1,1365 - exact level depends on time - how fast we can get there, if we even will.
European session rejected 1,2965 - not even reaching that level, the question is if USA can push it up.
Today missed first possible short trade, but took long one after PA showed no further strenght to reach 1,2965 for a profit of 0,3%
Possible strenght till 1,3050-1,3070
Depending on PA we can go futher from there to 1,3150, or come back all the way to 1,2965
Considering downtrending channel we can expect strong resistance around 1,3120-1,1365 - exact level depends on time - how fast we can get there, if we even will.
European session rejected 1,2965 - not even reaching that level, the question is if USA can push it up.
Today missed first possible short trade, but took long one after PA showed no further strenght to reach 1,2965 for a profit of 0,3%
poniedziałek, 25 lutego 2013
środa, 20 lutego 2013
Trading summary:
Monday, despite of small range +0,24%
Tuesday - trading the range 1,3300 - 1,3390 with losses
Being stuck with short bias missed nice Asia open long
Shorted 1,3435 for overnite TP
Missed to short double top
If in front of the computer - shouldn't miss long - 1,3364
another not as easy trade came @1,3385 which was 50/50 chance, cos at that point we could travel long as well as short. Good point is - there would be a long entry after SL most likely. Day's sentiment was on my side, but US market was opening so we could expect reversal or continuation.
Overall as of Wed. evening, day trading is over with this week's profit of 1,78%
HS EA also in shorts - waiting for a good one - maybe @ 7pm...
Monday, despite of small range +0,24%
Tuesday - trading the range 1,3300 - 1,3390 with losses
Being stuck with short bias missed nice Asia open long
Shorted 1,3435 for overnite TP
Missed to short double top
If in front of the computer - shouldn't miss long - 1,3364
another not as easy trade came @1,3385 which was 50/50 chance, cos at that point we could travel long as well as short. Good point is - there would be a long entry after SL most likely. Day's sentiment was on my side, but US market was opening so we could expect reversal or continuation.
Overall as of Wed. evening, day trading is over with this week's profit of 1,78%
HS EA also in shorts - waiting for a good one - maybe @ 7pm...
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