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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…
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Trade posted to TAP at 10:55am ET. Sell AUDUSD at .9192. Technical confirmations: Potential 4 hour head and shoulders, resistance and support at 9190, fib of previous downtrend on the 1 hour chart.
AUD/USD Chart Picture
Removed my buy, decided to wait for lower, 14280 and prefer buying off of 14250, seeing some big orders trying to push it there, so watch those levels for entry if seen
I’m buying some here, but will put more at 14280 if seen and stop under 14245
Cad support above 10150, as long as holds look for move to 10240’s and a break there to see the 103 handle. eur visited the support area again, and yesterday did get bounce towards the 13570 area, if lower into 13450-70 first will look to buy a hold looking for 50-80 pips, stop under 13430. …
If you entered the cad long again friday, the move back to 10180 and the break of it moved it towards 10230 as mentioned before. now expect to see 103 handle as long as it finds support and holds above 10150. eur has daily support 13450-80, already visited there today so may miss best entry…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Sell posted to TAP at 9:05am ET. USDCAD sell at 1.0223. Using smaller size on this trade. 1.0220 to 1.0245 is the resistance zone based on the previous daily supports. Will look to protect entry at the 20 to…