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Forex Signals – EUR/USD Breakout Trade

Mark — Thu, 11 Mar 2010 06:25:25 +0000

Yesterday Recap: Pretty good day of trading yesterday as 3 trades were triggered as I capitalized on the tightening consolidation pattern of the pair. First was the aggressive sell triggered by the bearish break of 1.3580, which dropped for a quick 30 pips to rising support. That activated the primary long at 1.3550 which rose for 100 pips. Daily Outlook: Despite the large up and down swing the daily outlook didn’t change a bit – [ continue reading ]

Source: Forex Signals – EUR/USD Breakout Trade
Forex signals from: PipHut.com

Forex Signals – EUR/USD Slowly Approaching Key Resistance

Mark — Tue, 09 Mar 2010 04:09:30 +0000

Slow day yesterday – in the markets and in the forums. The pair only moved 15 pips from open to close, and it was one of the least volatile days in recent history moving less than 100 pips from high to low. Traders didn’t have much to talk about either with not trades being entered! Daily Outlook: The pair continues to consolidate in the1.3750-1.3450 range, coming closer and closer to our key falling trend resistance [ continue reading ]

Source: Forex Signals – EUR/USD Slowly Approaching Key Resistance
Forex signals from: PipHut.com

Forex Signals – EUR/USD Shooting Stars Lead the Way

Mark — Thu, 10 Dec 2009 06:11:12 +0000

12-10-09 5:14a GMT – Shooting stars on the 30m chart have really been providing solid sell signals for me the past few weeks – have you all noticed the same thing? In general if the star is near resistance and is higher than the 10 or so preceding candles (meaning that it qualifies as an ‘extinction’ candle) it has been a very reliable sell signal. Take a look at the 30m chart below with shooting [ continue reading ]

Source: Forex Signals – EUR/USD Shooting Stars Lead the Way
Forex signals from: PipHut.com

Forex Signals – EUR/USD Bulls Down for the Count?

Mark — Wed, 09 Dec 2009 07:51:33 +0000

12-9-09 6:42a GMT – When I wrote in yesterday’s signal that the bears had circled wagons and looked to be in firm control I still thought the bulls would be able to muster a little bit of a fight. Turns out the bulls played the role of punching bag yesterday as bears continued the downward pressure, smashing through 1.4775 support. Price action never got to yesterday’s signal entry, but there were candlesticks worth entering on [ continue reading ]

Source: Forex Signals – EUR/USD Bulls Down for the Count?
Forex signals from: PipHut.com

Forex Signals – EUR/USD Longs in the Bull Channel

Mark — Thu, 03 Dec 2009 07:11:43 +0000

12-03-09 6:14a GMT – EUR/USD did indeed bounce off of yesterdays signal’s 1.5050 support and would have provided a quick 50 pips (possibly more, it’s at 1.5107 right now). Unfortunately I didn’t enter a long as I was waiting for a bullish confirmation candlestick to confirm the long signal. I know some of you did take that long and are now in the profit. Daily Outlook: For the rest of us, I will look to [ continue reading ]

Source: Forex Signals – EUR/USD Longs in the Bull Channel
Forex signals from: PipHut.com

Forex Signals – EUR/USD New 2009 High Within Sight

Mark — Wed, 02 Dec 2009 05:56:55 +0000

12-2-09 5:45a GMT – No trade was entered from yesterday as I held off for the news (which had very little immediate impact). Which is fine with me – as many of you know I prefer less trades with a higher win percentage rather than trying to make lots of trades. Many of you yesterday did ignore the news however and entered long at the 05:00a bullish hammer which pierced our support at 1.4980 – [ continue reading ]

Source: Forex Signals – EUR/USD New 2009 High Within Sight
Forex signals from: PipHut.com