The markets can handle some uncertainty, but the lead-up to the Fed’s eventual announcement on tapering may be stressing the system
Saturday, June 30, 2007
Currency Trader June edition.
DOWNLOAD HERE
Right click and save target as.
This magazine obviously story about economic,forex,technical analysis and world top trader. And very nice to spend my time reading this zine during wekend.
Interested issue :-
Pound stalls after hitting $2.
On the Money
Too big to fail
Time-zone trading in the euro
any many more..
Friday, June 29, 2007
Higher?
EURUSD (Intraday)
Posted On: Jun 28 2007 5:45PM ET / Jun 28 2007 5:45PM GMT8
Last Price: 1.3446
[Higher?]
Key Levels: 1.3416
The bullish case is still viable, but price needs to reverse now from above 1.3416 and get back on top of 1.3480 if a very bullish "third of third" wave rally is underway. A slip below 1.3416 would trigger the temporarily more bearish alternate count in gray that has a larger pullback toward 1.3373 underway before an important bottom is struck.
al yaqen
currencyoutlooks@elliottwave.net
Posted On: Jun 28 2007 5:45PM ET / Jun 28 2007 5:45PM GMT8
Last Price: 1.3446
[Higher?]
Key Levels: 1.3416
The bullish case is still viable, but price needs to reverse now from above 1.3416 and get back on top of 1.3480 if a very bullish "third of third" wave rally is underway. A slip below 1.3416 would trigger the temporarily more bearish alternate count in gray that has a larger pullback toward 1.3373 underway before an important bottom is struck.
al yaqen
currencyoutlooks@elliottwave.net
Monday, June 25, 2007
Eu updated.Higher but into a peak.
This is my an earlier analysis, the price was end at 1.3694 after a great movement last friday. Im still awake and waiting until market open. My trading idea, wait until EU has a clear trend and formation.
Big even today,
10am gmt 8 USD - Existing home sales.
Measures the annualized number of existing residential buildings that were sold during the previous month. A rising trend has a positive effect on the nation's currency because large purchases tend to be made by consumers that are optimistic and confident in their financial position. The sale of a home also triggers commissions for real estate agents, and often home owners will purchase goods such as appliances and furniture shortly after purchasing a home. Traders watch this report closely as it's the month's first demand-side housing indicator to be released
Big even today,
10am gmt 8 USD - Existing home sales.
Measures the annualized number of existing residential buildings that were sold during the previous month. A rising trend has a positive effect on the nation's currency because large purchases tend to be made by consumers that are optimistic and confident in their financial position. The sale of a home also triggers commissions for real estate agents, and often home owners will purchase goods such as appliances and furniture shortly after purchasing a home. Traders watch this report closely as it's the month's first demand-side housing indicator to be released
Thursday, June 14, 2007
Eu still in corrective..
EURUSD (Intraday)
Posted On: Jun 14 2007 9:41AM ET / Jun 14 2007 1:41PM GMT
Last Price: 1.3308
As is the case elsewhere, the environment is right for a EUR$ bottom. Five waves down from 1.3553 are visible. Selling momentum peaked in wave three and diverged in wave five as we would expect. The rise from 1.3264 does not look impulsive, but that sometimes occurs after a rapid fall. The subsequent setback looks corrective to 1.3280. It may be worth taking a bullish stance against that low. Even a corrective rally should reach the 1.3375 area.
static
Since from monday,market is really weak,No big move and no actual TREND. all wave are corrective. Its really bored to waiting.
the one of the possible reason,why this situation happen is, almost big trader going for vacation along summer season.
we are just a little trader..
i dun have any appetite in any pair until next week..
chaloos
the one of the possible reason,why this situation happen is, almost big trader going for vacation along summer season.
we are just a little trader..
i dun have any appetite in any pair until next week..
chaloos
No idea with EU.
Where Eu want to go. In my count, EU should go up.. but ewi said ewi need to finish the wave iv. Huh this statement make me blurry. Anyway we wait until all wave perform it position. Unfortunetly im just trade using elliot wave and penyu bertelur system.. coz quite long i didnt use any indies except RSI.
So just stay aside..
life always has a fat tail....
So just stay aside..
life always has a fat tail....
GU has been compressed
Friday, June 8, 2007
Eu updated
Friday, June 1, 2007
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