[Thursday]
AUDUSD is being resisted at the moment. With further information that the pair is going to turn, it is a good pair to short.
Thursday, March 11, 2010
AUDUSD 2010-03-11 Analysis
Analysis by Eric Lye
[Thursday]
AUDUSD is being resisted at the moment. With further information that the pair is going to turn, it is a good pair to short.
[Thursday]
AUDUSD is being resisted at the moment. With further information that the pair is going to turn, it is a good pair to short.
Wednesday, March 10, 2010
2010-03-10 USDJPY Live Trade
Live trade done by Eric Lye
[Wednesday]
USDJPY formed a nice and big inversed Head and Shoulder on day chart which signifies the upward direction probabilities. The setup provided evidence its time to go long and a LTF trigger presented itself minimum twice for entry
[Wednesday]
USDJPY formed a nice and big inversed Head and Shoulder on day chart which signifies the upward direction probabilities. The setup provided evidence its time to go long and a LTF trigger presented itself minimum twice for entry
EURUSD 2010-03-10 Analysis
[Wednesday]
As predicted on Monday, price followed the red arrows price development, with the same view, I shorted EURJPY instead (Monday's analysis)
Below is the updated analysis for EURUSD. Market has been a bit rangy, got to be careful.
Updated by Eric Lye
As predicted on Monday, price followed the red arrows price development, with the same view, I shorted EURJPY instead (Monday's analysis)
Below is the updated analysis for EURUSD. Market has been a bit rangy, got to be careful.
Updated by Eric Lye
2010-03-09 EURJPY Live Trade
Updated by Eric Lye
[Tuesday]
Made a loss trade on GBPUSD trade yesterday, but manage a catch on EURJPY today with some trader friends at ECP.
[Tuesday]
Made a loss trade on GBPUSD trade yesterday, but manage a catch on EURJPY today with some trader friends at ECP.
Monday, March 8, 2010
2010-03-08 EURGBP Live Trade
[Monday]
EURGBP did a nice retracement to 88.6% and if the setup is completed nicely then it would be highly potential that price would continue its up move
[Wednesday]
Trade is still open. Slow but hopefully this would go higher than I expected.
[Wednesday evening]
Trade finally hit TP. From analysis perspective, I see that price should go higher. But I can't bear to keep it open anymore, anyway, 3 days, 105pips profit.
EURGBP did a nice retracement to 88.6% and if the setup is completed nicely then it would be highly potential that price would continue its up move
[Wednesday]
Trade is still open. Slow but hopefully this would go higher than I expected.
[Wednesday evening]
Trade finally hit TP. From analysis perspective, I see that price should go higher. But I can't bear to keep it open anymore, anyway, 3 days, 105pips profit.
EURUSD 2010-03-08 Analysis
[Monday]
Price is poised to break out of consolidation zone. We need to wait for a strong break above 1.3691, else price may just struggle and eventually fall back into the zone.
Price is poised to break out of consolidation zone. We need to wait for a strong break above 1.3691, else price may just struggle and eventually fall back into the zone.
Friday, March 5, 2010
Wednesday, March 3, 2010
EURJPY 2010-03-03 Live Analysis
Finally back to blogging.
[Wed] - EURJPY founds its base, shorted the day before and didn't get much, but this provided me with good information that the pair has found its base.
[Thur] - Seems like price want to stay within the consolidation zone
[Wed] - EURJPY founds its base, shorted the day before and didn't get much, but this provided me with good information that the pair has found its base.
[Thur] - Seems like price want to stay within the consolidation zone
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