Archive for the ‘B. Trading Plans’ Category

10-04

Sunday, October 4th, 2009

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My direction for Euro/Dollar this week so far is still down. I think it can go as high as 1.3670 area or as high as 1.3700, then drop.  However it might not drop as much as the monthly direction is still up for Euro.

9-20

Sunday, September 20th, 2009

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1.4600 to 1.4650 would be good entry to buy euro/dollar this week. 1.4600 is an excellent entry but 1.4650 is a little more aggressive entry.  Euro is going down now, but I do think it will retest 1.4800 area this week. No matter how much it is going down now, I do belive it will reverse and try higher levels this week. We are almost approaching month end, 1.4800 area is probably a big resistence area where Euro will not pass through this month, however short term direction is still up for Euro for now.

9-13

Sunday, September 13th, 2009

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Ideal entry to buy Euro is 1.4500, although this can go as low as 1.4450.  Anywhere is good entry to buy from 1.4520 to 1.4450.



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