Posts Tagged ‘strategies’
No indicator can give all correct signals all the time and hence continuous refinement in the strategies to use an indicator is a must to avoid as many false signals as possible. Getting a few signals which are good is always better than getting a lot of signals of poor quality.
Moving average convergence divergence or [...]
Quote of the day: There is no worse lie than a truth misunderstood by those who hear it. — William James
EURUSD
Trading strategy: long at 1.2750, stop at 1.2680 (0.5% risk), 1st objective at 1.2800, 2nd objective at 1.2900
Some more upside action is possible now that the consolidation between 1.2660 and …
[please click the title above [...]
Quote of the day: Good judgment comes from experience and experience comes from bad judgment. — Fred Brooks
Are you on Facebook? If so, you can join innerfx there
EURUSD
Trading strategy: short at 1.2660, stop at 1.2720(0.5% risk), 1st objective at 1.2610, 2nd objective at 1.2560
The upside barrier around 1.2770 was …
[please click the title above to [...]
Quote of the day: It has become appallingly obvious that our technology has exceeded our humanity. — Albert Einstein
EURUSD
View Poll
Trading strategy: short at 1.2675 on hourly close below 1.2670, stop at 1.2735(0.5% risk), 1st objective at 1.2625, 2nd objective at 1.2550
Former support around 1.2770 was tested and held, as …
[please click the title above [...]
Quote of the day: Leadership is a privilege to better the lives of others. It is not an opportunity to satisfy personal greed. — Mwai Kibaki
EURUSD
Trading strategy: short at 1.2780, stop at 1.2850(0.5% risk), 1st objective at 1.2730, 2nd objective at 1.2650
The euro is approaching last week’s bottom as intra-day …
[please click the title above [...]
Quote of the day: Democracy is being allowed to vote for the candidate you dislike least. — Robert Byrne
EURUSD
Trading strategy: small short at 1.2850, stop at 1.2910(0.5% risk), 1st objective at 1.2800, 2nd objective at 1.2750
The euro changed direction, revisiting the downside near support at 1.2770 after an industry …
[please click the title above [...]
Quote of the day: If all economists were laid end to end, they would not reach a conclusion. – George Bernard
EURUSD
Trading strategy: standing aside
The euro managed to reach 1.2900 on Friday’s NFP release which came at -54k. Although 1.2900 currently caps the upside, the euro is set to strengthen – …
[please click the title above [...]
Quote of the day: A deception that elevates us is dearer than a host of low truths. — Marina Tsvetaeva
EURUSD
Trading strategy: small long at 1.2740, stop at 1.2680 (0.5% risk), objective at 1.2900
The euro recovered some losses, breaking above the 1.2750 resistance region, following the risk pairs which rallied yesterday. …
[please click the title above [...]
EURUSD
Trading strategy: small long at 1.2780, stop at 1.2720(0.5% risk), 1st objective at 1.2830, 2nd objective at 1.2900
The euro is relatively quiet since yesterday, trading in a narrow range of 70 points, but holding gains above 1.2800. Upside is slightly favored and a pullback may provide a buying opportunity if …
[please click the title above [...]
EURUSD
Trading strategy: standing aside
Range-bound trading continues as the upside was capped by 1.2740 yesterday but support around 1.2650 was also stable. Recent euro’s losses against the Swiss franc and the yen are contributing to its weakness against the dollar, too – and current EURCHF and EURJPY studies don’t look too …
[please click the title above [...]
