Posted by Market Graph on Jun 30, 2012
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Posted by FXstreet.com: Technical: Forex Trading Strategies on Jun 30, 2012
Chart in Focus: Daily EURUSD The EURUSD exploded higher today as the market found support off 1.2440 and then got a lift by positive news out of the euro-zone. Note that price closed above 1.2640 resistance, opening the door for more gains next week. Traders can watch for price action buy signals next week on any retraces into support to re-join the fresh bullish momentum.
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Posted by FXTechstrategy on Jun 29, 2012
AUDUSD: Bull Pressure Set To Target The 1.0222/33 Level. AUDUSD - With a sharp rally seeing AUDUSD reversing its Thursday weakness, there is risk of a return to the 1. 0222/42 levels. This if it occurs will resume its short term uptrend towards its May 03’2012 high at 1.0325. A cap could occur here and possibly turn the pair lower. Its daily RSI has turned higher supporting this view. Conversely, if its present upside attempt fails, expect the pair to return to the 0.9967 level. A trade below
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Posted by BKForexAdvisors on Jun 29, 2012
"There are no asterisks in life only scroreboards" Ari Gold - Entourage “Do You Want to Be Right or Do You Want to Make Money?” That is a very common question that every trading guru likes to pose in order to “demonstrate” the need for risk control. But the more I trade the more I think that this is a very simplistic and conventional view of how the markets really work. The fact of the matter is that if you want to make money you
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Posted by ACFX on Jun 29, 2012
EURUSD Trend The Swing strategy is long. The Alligator strategy short. Warning Potential higher low. Overview The Swing Strategy. This morning’s price action has put in a potential higher low. A break of the 18th June highs will potentially signify a change of trend to the long side. The Alligator Strategy. The Alligator indicator has turned negative from neutral. Possible range The daily range based upon the most recent Average True Range readings is 117 pips. This implies that EURUSD could
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