Tag: eur/usd
Sideways EUR/USD & Stock Back in Business
by vahn on Mar.08, 2010, under Forex, Stock & Options, Trading
Forex Trade After down about 2 month without rest, it seem EUR/USD on consolidation right now. From the movement pattern, there is more probability to be bullish for a while, even i think not to much. Honestly, i don’t like this situation, because i have to play fast on this non trending pair. There are not too much important economic data will be realeased this week, except Unemployement Claims on Thursday & Retail Sales on Friday. Stock Market Trade Stock Market continue to rebound into it’s previous high on 1148. S&P 500 index gapped up and closed higher on Friday following a favorable jobless report released earlier on friday. (continue reading…) |
Crazy Day of Greece
by vahn on Feb.10, 2010, under Stock & Options, Trading
Crazy Day. Yesterday was really really crazy. Currency surge unexpectedly immediately after the news of the debt crisis in Greece. I suffer some losses yesterday on EUR/USD Trade. This is the use of stop loss in our software platform. It’s very important to limit our losses. There is a quote said “Keep your limit small, and let’s the profit grow”. Yesterday, EUR/USD move 140 pips in just 25 minutes. Really sensational movement. Usually EUR/USD need 1 day to move 140 pips. That’s why i say it’s crazy |
Oversold EUR/USD
by vahn on Feb.05, 2010, under Forex, Trading
Just exactly like i predicted, EUR/USD slide down again. I think the EUR/USD still on downtrend, but beware of profit taking by speculators which can cause an oversold rebound. I don’t think buy position is a good idea for this condition, but i just give some posibble scenario that can occur. Let’s see the chart On the chart, we can see that based on fibonachi retracement, there is a possibility that EUR/USD will bounce for profit taking before continute to sink again. I still love sell position, but i think we must trade more carefully on this oversold market like this. Trade small position or play scalping is a good idea for now. Some event to noticed today are : Non-Farm Employment Change (USD) and Unemployment Rate (USD). EUR/USD Trend : Long Term : Bearsih Mid Term : Bearish Short Term : Oversold Happy Trading for you all. |
Dollar Soar, Stock back in trading range
by vahn on Feb.04, 2010, under Forex, Stock & Options, Trading
Forex Trade Dollar soar again yesterday. Luckly I still have short position on EUR/USD for long term. I still make a good profit yesteday, and I already covered some buy position today. It’s seem sentiment EUR/USD back to bearish mode. Some event & data I noticed to be influence the EUR/USD movement today are : Minimum Bid Rate (EUR), ECB Press Conference (EUR), Unemployment Claims (USD) and FOMC Member Hoenig Speaks (USD). We have a support from last low @1.853 on EUR/USD. Can this support hold the downtrend wave of EUR/USD. I still prefer my last week view. Sell on any rebound on EUR/USD |
Downtrend Confirmation on EUR/USD
by vahn on Jan.29, 2010, under Forex, Trading
For you who follow EUR/USD movement, it’s seem clear enough to make sure that the downtrend signal on EUR/USD already confirmed. I personally already take sell position on EUR/USD since last week. Today, when i am browsing on currensee, i found some interesting statistic. Most of traders have long position on EUR/USD and still hold them with floating loss. Here is the data : |
Dollar Strength & Stock Market Correction
by vahn on Jan.28, 2010, under Forex, Stock & Options, Trading
Forex Trade Dollar continue to rise, and I still hold my sell position on EUR/USD (already make more than 100 pips profit). Like what i said in my last post. There should be large probability for trend change. I am holding sell position for long term and playing short term mostly on sell side. |
Long Term Trend Change?
by vahn on Jan.21, 2010, under Forex, Trading
I got sick on saturday. On monday, my brother was sick. From monday to yesterday, i must take care of my brothers because his sick kinda serious. Yesterday, my brother finally have to entered hospital because of 2 desease : typhus and dengue fever. That’s why i can’t post anything recent days. Just hope my brother get well soon. For you who trading forex, if you follow my trade on my last post, i am sure we already have a very great party. is that right? hahaha. EUR/USD continue to down and down again. Very nice. What i pay attention now is the long term trend on EUR/USD. Do the long term uptrend on EUR/USD finally over and time to down now? Look on this weekly chart Still need more confirmation to make sure the trend really changing. But for now, i still prefer trade sell position on any rebound in EUR/USD. |
Downtrend on EUR/USD
by vahn on Jan.15, 2010, under Forex, Trading
Forex EUR/USD Trade USD : 08:30 pm – Core CPI m/m (H)
EUR/USD starting to bearish. Look the H1 & Daily Chart |
Focus on High Impact Economic Data & Intel Earning
by vahn on Jan.14, 2010, under Forex, Stock & Options, Trading
Forex EUR/USD Trade Today gonna be interesting. Today there several important data will be announced. EUR : 02:00 pm – German Final CPI m/m (M) Notes : H : High Impact, M : Medium Impact, L : Low Impact. Timezone = GMT + 7 |
EUR/USD Trading View
by vahn on Jan.13, 2010, under Forex, Trading
Because i focus on EUR/USD, these are economic data what i need to concern for today. My Timezone is GMT + 7. USD : 10:30 – Crude Oil Inventories (M) Notes : H : High Impact, M : Medium Impact, L : Low Impact |













