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Forex Signals – EUR/USD Friday Blues

2-26-10

5:08a GMT – Another week down, another Friday ahead of us.

Yesterday was pretty volatile at times, moving 120+ pips in 2 hours alone. I took two trades – the first one off of the initial challenge of the (former) rising trend support, now resistance on the 15:00 gmt candle. This quickly yielded [...]

Forex Signals - EUR/USD When Bears Attack

2-25-10

3:35a GMT – I stayed out of the pair most of the day, brushing aside the fact that the more aggressive call yesterday (short at 1.3580) would have produced nice pips with my usual 40-50 pip stop. But my secondary setup (“A secondary setup is a sustained break of the lower rising trend [...]

Forex Signals – EUR/USD Triangle Consolidation Forming

2-24-2010

4:24a GMT – A good day in PipLandia yesterday as all targets were hit for a good sum of pips.

We had a near picture-perfect setup as the pair just touched our falling trend support before dropping like a rock. In fact I listed three trade setups yesterday and no matter which one [...]

Forex Signals – EUR/USD Slow and Steady

2-23-10

3:20a GMT – Watching the forex markets yesterday was about as exciting as watching paint dry. I had three open trades ( none on the EUR/USD signal) all day that hardly moved. Apparently market participants thought the pair had achieved a fair value for the time being and we had equal amounts buying/selling [...]

Forex Signals – EUR/USD Approaching Key Resistance

2-22-10

4:00a GMT – Welcome to another week PipHutters! Just to remind everyone we have been having some pretty lively discussions here on the PipHut pages so if you are an RSS reader I recommend checking the PipHut comments section every once in awhile to get more tips, trading ideas, meet other traders, etc. [...]