Euro Forex trading
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.
Saturday, August 18, 2007
Tuesday, August 14, 2007
20070815 0058 GMT. EURUSD has moved down nicely, after the short setup fired off. Using the 4 hr strategy as created by Phillip Nel is a leisurely way to trade the forex market. Visit forexfactory.com for the details. EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart
Monday, August 13, 2007
20070313 1545 GMT. 4 hour setup on the EURUSD to go short. Price was below 89 exp moving average, retracement to the shorter term moving averages, confirmed by the MACD. EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart
Thursday, August 09, 2007
20070810 0000 GMT. A short squeeze fired off yesterday, the news trigger being the BNP Paribas announcement of suspension for 3 hedge funds under their management which had assets exposure to subprime mess in the USA. No valuation means no redemption. ECB also panic and moved to add liquidity to euro zone system. BOJ today did the same. Technicals gave insight to the signal, so that the news was built into the charts. EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart
Monday, August 06, 2007
20070806 0606 GMT. EURUSD spot is on a long squeeze since 3 August 2007. Is a chart worth noting down. EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart
Wednesday, August 01, 2007
20070801 1247 GMT. this breakout is worth saving the images of the trade, in the EUR futures.(also in eurusd forex) EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart