Eur/USD free signals

The Eur/USD looks bullish for the day and obviously the option to go long is the sentiment.

Buy on a dip to 1.3590 for a 100 pips if you're an intra-day trader.

Swing traders may exit at your own levels having made 20, 40, 60 odd pips.

A good stop-loss on this occasion would be 40 pips.

Watch out for a line up of economic data releases slated for the day.

An aggressive set up would be a short around the same level 1.3590 (only if the pair doesn't hold ground). At least 50 pips is a possibility and a strong breach below 1.3550 should give you more.

Signal for 26 Jan 2011 Wednesday

Yesterday's prediction gave me 93 pips after a long entry @ 1.3590 and exit at 1.3683. Was tough indeed. :rofl:

It's a mixed day for the pair and also have some important news releases slated for the day. Watch out and proceed with caution.

Buy on a dip to the 1.3620 level for 80 pips.

Sell from a pullback around 1.3730 (aggressive) or 1.3790 for 60-80 pips.

You can set a SL of 40 in all cases. These signals are basically for the intra-day traders and others can exit at much earlier levels having made a profit of about 20, 40 or 60 odd pips even.:thumb:

Signal for 31 Jan 2011 Monday

Suddenly the sentiment looks 'bearish' with the Eur/USD, so we look to short options.

A good resistance is at 1.3653 and the support is at 1.3537.

Sell primarily from around the 1.3650 mark for 80-100 pips (taking a nice confirmation from the 1hr candlestick). Set a SL of 40 in this case.

And there isn't really an option to go long for intra-day traders, hence we back off.

(Note: Friday's short entry gave me a nice 111 pips)

And bullish sentiment for the day on our hands.

Buy around the strong support at 1.3700 for 80 pips. Set a SL of 40 (intra-day traders) or

Sell from around the 1.3820 level for 60 pips setting a SL of 50.

(Note: Yesterday's short didn't quite take off owing to the geo-political situation in the middle-east. We do not trade unless we have a good setup to do so, basically to avoid a losing trade)

Hello, Luckyviva, I am interested to know abt your view on eurusd. If possible please, continue with that .

Hello, Luckyviva,
can u please, let me know what do u follow to trade market ?
I mean, tech. analysis, elliott wave, cycle theory, gann s&r, fibo s&r or any other tech indicator ? how do u take care of news release ?
Thanks

foruabcdef, if you don't mind, I'll get my 2 cents in here.
It's my opinion the EUR/USD is in a correction right now, as it heads to 1.3620, which is the top of the hourly cloud, and the bottom of the 4-hour cloud. Afterward, expect to see an explosive final leg south that will take the pair to the bottom of the daily cloud at 1.3169. I would expect to see a strong pit stop along the way at my MS2 at 1.3204.

And there ya go. That is foru from 4x.