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10-31-08 3:34a GMT – In the short-term for the EUR/USD I am favoring shorts down to support at 1.2600. The pair has recently seen a pullback from daily lows at 1.2740 and I see above 1.2800 as a good selling point for the retreat. Trading Idea: Look for bearish reversal signals around 1.2850 with [...] 10-29-08 3:15a GMT – After correctly predicting yesterday’s rise in the EUR/USD pair I am still bullish on the pair for today’s trading and I’m looking to buy dips. The pair rose yesterday as US traders took money out of the dollar safety and into the stock market in hopes of a rate cut [...] 10-28-08 2:58a GMT – Is it time to start buying the EUR/USD pair? It may be as the pair has just bounced off support around 1.2300, the weekly RSI is well below 30 and the Slow Stochastics on the weekly chart are trying to cross. The US stock market dips Monday and last week [...] 10-24-08 2:40a GMT – EUR/USD continues to plummet, and as smart traders we will continue to trade with the trend, right? Right! Nearest resistance zones are at 1.3075 and 1.3250. We should be looking to sell rallies on bullish reversal signals at one of these levels. Trading Idea: Sell at 1.3075 with short targets [...] 10-21-08 1:26a GMT – As traders we tend to focus in on our time frame of comfort. If you are a day trader that could be anywhere from 5 minute to 30 min charts. If you are more of a mid-term trader you might focus on the 60 minute, 4-hour or daily charts. Most [...] |
  
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