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 50 pips. The [...]

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 support which [...]