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  1. Forex / European Session - 10/07/2009

    by , 07-10-2009 at 02:52 AM (Currency Majors Technical Analysis)
    [LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,3981. EUR USD is in a consolidation after the last bullish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,4070 - 1,4200[B]Supports[/B]1,3950 - 1,3830[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER]Mataf.net : [URL="http://www.mataf.net/en/forex/analysis"]technical analysis[/URL], [URL="http://www.mataf.net/"]Forex[/URL], ...
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  2. Forex Trading Update: U.S. Dollar Index is Setting the Tone

    by , 07-12-2009 at 06:17 PM
    EUR/USD Faces One More Round of Seven Week Old Consolidation

    Currently the U.S. Dollar Index has been contained in a very harmonic price action pattern. Its structural formation is much cleaner than any currency pair amongst the top five. If the 80.70 level does not reject on a 1 hour candle (currently 80.24) then indeed the US Dollar is in for a multi-week bullish pattern which is likely to show very aggressively in the EUR/USD and GBP/USDS. The Index is perched on support immediately at 84.20 with key but critical support at 79.50 in view.

    Friday we shorted the GBP/USD for a quick 50 pip profit to finish the week with nearly 100 pips per lot of profit.

    I would prefer to see the EUR/USD and GBP/USD ...
  3. Entry on Trade

    by , 07-13-2009 at 01:00 AM (Winners Edge Trading Daily insights)
    Yesterday I gave a winning Forex Trading Strategy, today I am making my first trade with this strategy.

    It is 11:05 PM Est Eur/Usd

    We tested the resistance level of 1.3973 and bounce off of it I believe we are headed down to the next support level of 1.3891

    I just entered at 1.3950 I have a stop at above the resistance level at 1.3979 with at target of 1.3891

    I will adjust the stop forward as I gain profit but I will not move it back. I opened two lots and I will keep the other lot with no limit to allow it to run if the pair continues to move down.

    10 min Chart
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  4. Forex / European Session - 13/07/2009

    by , 07-13-2009 at 03:24 AM (Currency Majors Technical Analysis)
    [LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,3905. EUR USD is in a range between 1,3830 and 1,4075. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,3980 - 1,4075[B]Supports[/B]1,3880 - 1,3830[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER]Mataf.net : [URL="http://www.mataf.net/en/forex/analysis"]technical analysis[/URL], [URL="http://www.mataf.net/"]Forex[/URL], [URL="http://www.mataf.net/en/currency/converter"]currency ...
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