The left side is the 15-min chart for the Forex pair EURUSD, the right side is the corresponding 60-min chart. As we see the right side chart is for trend and the left side chart gives us opportunities to enter the trend on pullbacks.
Showing posts with label Forex. Show all posts
Showing posts with label Forex. Show all posts
Wednesday, February 4, 2009
Saturday, January 10, 2009
EUR/USD
It looks like the price is bouncing around the important retracement region ... which way is it going to go???
Wednesday, January 7, 2009
Positions
Today I opened several positions, bearish via leveraged inverse ETF's of sectors/regions:
IWM, EFA, XLB.
Along with existing bearish leveraged positions:
IYR, XLE, XLF.
Long position on EUR/USD.
Thursday, December 18, 2008
USDEUR or FXE/ULE
Check out the recent surge of the euro, immediately after MACD crosses the middle line
Wednesday, December 10, 2008
USD/EUR Bearish?
It seems like the MACD is ready to breach the zero line to confirm a positive velocity on the price, or will it continue its downtrend? And what will this imply to US indices?
Wednesday, November 12, 2008
The Fall of EUR/USD
I want to point out the recent fall of Euro against the USD, my charting program does not have Forex pairs so instead I will use the ETF FXE. This ETF long Euro and it is purchased with USD funds, so it is quite similar to EURUSD Forex pair.
Notice at the beginning of August was the time Euro began to fall against USD, the MACD has never come back from bottom of the sea ...
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