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After range and orders filled beginning session looks like equities leading. eur thru the bottom so got lucky holding some of the 13385 sells, taken some more off here at 13275 and leaving rest at break for now to see if tomorrow follows thru or not. holding cad off of 10170 as well into tomorrow.…
Eur moved from the bottom into 13385 resistance, cleared rest of intraday buys there, if you sold the 13385 resistance partial out the sells move rest to breakeven. as ny heads into afternoon wont be worth me putting on anythng new, just will carry some breakeven trades.
intraday, partial some profit on new cad longs and move any eur buys from the 13305-20 buy zone to breakeven and can partial some there too.
Dont expect today to be follow thru day for yesterday, will look for ranging market instead, eur 13305-20 bottom, resistance 13385, then 13420-30 if prior breached, cad levels did get pullback so i’m out completely with my stop, will watch action and look to reenter long if 10140-70 seen, still looking for 103, only 20…
Cad move to 10271 so far, moving stop up under 10230, still headed to 103 which is crucial area for next 3-5 figure move, but I have to step away so locking in profit in case a throw back to 10170-102 happens, eur intraday support for potential bounce is 13308-23 so watch price action in…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 8:41am ET. Buy EURUSD at 1.3337. Several technical confirmations converging at this level. S/R studied back in Apr.2009 at 1.3330, lower tunnel fib, retesting 1 hour trend line, and 1.382 fib extention from previous…
Cad longs added off the 10150 support now to breakeven. eur/chf did exactly 20 pips below the 14250 in asia then bounce back towards 143, would move longs to breakeven 4250 and under. targeting 4365. cad target still 103 handle once 10240ish taken out. just to be clear the levels I post are just daily…
Expect to hold this thru tomorrow, asia may try the 14250 level and 20-30 pips below that if successful, but from 4265 down to there offers good risk reward for trip back up,
look to move the eur/chf to breakeven when over 14281 but still use the 14250 as guide on a close, the cad has moved onto the 10150 support so key for it to build support if next leg higher, I still have a bit left from 10070 at breakeven that I didnt clear at 10180…
This week we have the Health care bill to contend with. The bottom line is like it or not we at least have some finality to this story and the markets can begin to focus on other things. We also have the PIGIS issue still very much in the news. Here too either way it…