EURUSD 190609

Friday, June 19, 2009


Hi all, EURUSD has low upside potential today. From the trade above, with the support line still intact and the trade in the money, we shifted the SL to entry.

EURUSD Small candle body today 19 June 2009

Dear all,

Expecting EURUSD to have a smaller candle body and true range as buyer's stength and momentum weakens. Today's market movement would also be choppy and the trading volume is considerably lower.

So trade with care and set realistic targets today.

Regards,
Siwei.

EURUSD Small Upclose Today 17 June 2009

Wednesday, June 17, 2009
Hi All,

Expecting another day of upclose today with increased market volatility today. This is another test of buyer's strength and momentum before forming a bear flag by Thursday.

Regards,
Siwei.

EURUSD 160609

Tuesday, June 16, 2009


A trade done on EURUSD based on resistance, sell @ 1.3870 with RRR 1:2 . We are expecting a small downclose today(trade realistically). Expect some clustering around the square box before heading south. Note: do not chase the market. Trade with care! info@mmtta.com for more detail

Eur/Usd 16 June 09


Hi all . EUR found immediate support at 1.3750 for the day . looks like weak buy and might go back to closing wedge . be careful of the range . trade with care . for any questions email  info@mmtta.com

EURUSD Downclose Day for 15 June 2009

Monday, June 15, 2009
Dear all,
EURUSD is expected to be a downclose day for today. With Friday's dark cloud cover and at a lower high area, the precise entry point (1.3960) was determined by the supporting trendline in the hourly charts.

Target profit and stop loss has been shifted lower to 1.3850 and 1.3920 respectively after the change in the speed and strength of the downtrend folloing the breakout .

Regards,
Siwei.

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