Hello PipHutters, just a heads-up that I am traveling for the next couple of days (and I’ve been traveling for a few days if you are wondering why no signals have come out recently). I should be back and posting again by next week for sure, if not sooner.
If you are new to [...]
6-24-9
4:06a GMT – Wild day in the land of forex. The pair rose of 200 pips on very little fundamental news – in fact futures have the rates remaining completely unchaged tomorrow. It appeared to be a classic short squeeze scenario (where pair rises against positions, hitting stops and thereby causing the pair [...]
6-23-09
4:26a GMT – The Forex seas are still choppy after bearish day for the EUR/USD failed to break any major support or resistance areas. My main signal from yesterday (sell @ 1.3990) never came close to being hit, though I did sell the short-lived rally to 1.3900 and rode it down for a [...]
6-22-09
6:06a GMT – EUR/USD continues to hover in no man’s land, consolidating around 1.3900 (a level is has hit several times the past month). Overall the pair continues to look bearish as it hits lower lows and lower highs over the past 3 weeks, but most experts expect the pair to hit 1.4020-1.4050 [...]
6-18-09
4:46a GMT – As predicted the purple trend line (below) was quickly broken and resistance at the upper trend line was only able to hold for a moment, leading to a retest of 1.4000 (which was never reached). Pair is currently consolidating its gains below 1.4000 and I am expecting another surge to [...]
Recent Comments