Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20060127 9:12 am ET. So we shorted the USDCHF on the way up, with a change of plan. Used the 1.2735 level, which was the 200 day ema. (This was a key level in trend) Took a little heat but the release of the data today( whatever it was) caused the intraday reversal for a little floating profit in favour of the position. Let's see how it goes holding this longer term position. 
EURUSD chart
posted by emacro @ 9:19 AM
20060126 Coming down to the retracement mov avg for possible long.(and corresponding short on USDCHF) as we talked about before.
EURUSD chart
posted by emacro @ 7:50 PM
20060126 7:15 pm ET. An opportunity to take short position trade in teh USDCHF today on a pullback to the 8 ema.
EURUSD chart
posted by emacro @ 7:18 PM
20060125 Waiting to get long a position at 1.2182, the ema level.
EURUSD chart
posted by emacro @ 7:03 PM
20060126 12:30 am ET. An example of a WMA bounce at 140.74. The long trade should be taken when 140.94 is taken out. This is BG's filter.
EURUSD chart
posted by emacro @ 12:49 AM
20060125 7:16 pm ET. Daily chart of the USDCHF shows nice momentum on the downside. Would be looking to set up a short at 1.2695 at the 8 ema for a continuatin of the trade down.
EURUSD chart
posted by emacro @ 7:19 PM
20060124 6:54 am ET. Coming up to first 20 pip target 1.2633.
EURUSD chart
posted by emacro @ 6:55 AM
20060124 5:52 am ET. USDCHF showed a buy signal with a crossover of the moving averages, entered at 1.2613. This pair exhibits the cleanest charts on this 20 min timeframe, due to geopolitical factors bringing the Swiss Franc back as a risk averse asset class.
EURUSD chart
posted by emacro @ 4:52 AM
20060123 With the breakout in place, a prudent strategy is to buy a pullback to the moving averages or back to the breakout point.
EURUSD chart
posted by emacro @ 7:32 PM
20060120 The USDCHF short position on the break out of the channel yields good results.
EURUSD chart
posted by emacro @ 8:36 PM
20060120 Candlestick shows buyers taking control overwhelming initial sellers. Could this be the move that breaks the bull flag? Our short position in EURUSD was covered at a loss. Shows that the bigger picture patterns should not be ignored. The USDCHF short worked out nicely though.
EURUSD chart
posted by emacro @ 8:26 PM
20060120 10:42 am ET. A possible short trade in the USDCHF on the trendline break and subsequent pullback to retest.
EURUSD chart
posted by emacro @ 9:45 AM
20060119 4:47 am ET. The 240 min chart shows a break of the trend line confirme b the MACD Histogram, so took a short. Although this is agains the begger bull flag on the daily chart we have been stalking, the short is taken anyway with a stop above the upper trendline, targets 1.2025.
EURUSD chart
posted by emacro @ 3:48 AM
2006018 Still waiting for breakout of ths formation for longer term trade.
EURUSD chart
posted by emacro @ 6:59 PM
2006017 Within the range, ID patterns, waiting for the breakout.
EURUSD chart
posted by emacro @ 7:51 PM
20060117 2:50 am Entered long 1.2161 on buy stop. All indicators line up.
EURUSD chart
posted by emacro @ 2:57 AM
20060116 Still within the channel, bull flag formation on a holiday in the US for Martin Luther King memorial.
EURUSD chart
posted by emacro @ 6:52 PM
20060113 Daily chart shows EURUSD forming a consolidation pattern, could be a full flag, a break of upside could see s daily trend move up.
EURUSD chart
posted by emacro @ 10:22 PM
20060113 The EUR came back and the remaining 2 contracts exited at 1.2120. Later it surged to a strong close. Ah! Such is trading, to hold a trade into serious heat and relief to flip out for minute profit only to see it go way in favour.
EURUSD chart
posted by emacro @ 9:40 PM
20060113 Around 9:12 am ET, took long 3 contracts @ 1.2118. Took one contract off at 1.2125. The trade went underwter to around 1.2089, about 6 ticks away fromt he stop of 1.2083.
EURUSD chart
posted by emacro @ 9:36 PM
20060113 4:56 am ET. I took a trade on EUR futures today. Long 3 contracts 1.2088, sold 1 at 1.2093 and the 2nd contract at 1.2099, with the runner eventually stopped on trailing stop at 1.2107. Pretty nice trade based on the principles in tracecurrency.ca and BigPippin's blog trades. Will be a trade setup I keep in my trading toolbox for the European fx session opening trade.
EURUSD chart
posted by emacro @ 3:58 AM
20060112 Breaks mov avg support, which may provide good opportunity to enter longs, with moving avg patterns bulish.
EURUSD chart
posted by emacro @ 8:12 PM
20060111 EURUSD cash chart, could be continuation of uptrend.
EURUSD chart
posted by emacro @ 7:19 PM
20060110 Continues to consolidate in a bull flag pattern.
EURUSD chart
posted by emacro @ 12:28 AM
posted by emacro @ 8:01 PM
