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12-31-08 6:26a GMT – Signals from the charts are starting to crystalize a little bit in a temporary range, probably as big money pulls out of trading until after the New Year’s. The range appears to be 1.3820-1.4260 and I am looking to buy support around 1.3820 with tight stops. For those of you [...] 12-30-08 6:26a GMT – In my signal yesterday I was looking to buy a dip down at 1.3820. Unfortunately the pair shot upward before dipping that far, but has since fallen back down to the 1.4000 range. The RSI touched 70 (overbought) and quickly retreated though recent movement has cleared room for another rise, [...] 12-29-08 5:56a GMT – EUR/USD as found some support near 1.3820 and while all signals point towards continued volatility I am looking to buy around that support level. Of course, with the volatility I will look to keep stops very tight (25-30 pips) and catch the pair on the way up (not on the [...] Holiday season is upon us here in the states! The banks will be closed tomorrow (Christmas Eve), Thursday (Christmas Day) and most will be closed Friday as well so I will not be posting any forex signals or technical analysis signals until next week! Enjoy your time off and happy holidays from Mark and PipHut! 12-23-08 15:55 GMT – Market has wobbled up and down the past few days but remained overall at the same price level indicating indecision in the market as traders look for some direction. Overall the signals from the chart remain bearish and I will continue to sell in that direction on rallies while using [...] |
  
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