31072009

Posted by Ivan at 12:40 PM Friday, July 31, 2009
Dear Graduates, a check on the 4 curreny pairs show that the market is in a range. It is considered choppy. Trade with either scalping or the most Intra Day mode. Trade with a plan. If you are not comforable of trading, stay out of the market. Capital preservation is a MUST for any investment or trading.

There are 2 important news -

5:30 PM CHF
8:30 PM USD

We will expect the market to move a fair bit at these 2 time frame.

EURUSD small candle body for 27 July 2009

Posted by Siwei at 11:48 AM Monday, July 27, 2009

Hi all,
expecting a small candle body for EURUSD today.
Buying strength weaking in the uptrend with a good resistance at 1.4250 area.
Need to see more bullish candles with momentum for a good breakout above this resistance.
Else EURUSD might close as a doji for today as it bounces in a sideways manner between 1.4170 and 1.4230.

Regards,
Siwei
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