Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing ProfitsOn: July 2011

Sunday, 31 July 2011

Short Term Trading: ++USDCAD on Monday, August 01, 2011




++Usd/Cad at 0.9610, stop-loss at 0.9510, target 0.9620 or MOC. A breakout above trendiness could trigger orders.

The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed, neither the information presented nor any opinion expressed constitute a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. Forex, futures and commodity trading may not be suitable for all recipients of this report. The risk of loss in trading forex, futures and options can be substantial. Each investor must consider whether this is a suitable investment. All recommendations are subject to change at any time. Past performance is not a guarantee of future results. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Friday, 29 July 2011

Monthly Trade, August 2011, EUR/USD


The Euro/Usd trends (short/medium/long) are still strongly bullish, as well as the seasonal conditions.  However, a move above 1.4638 is necessary to target 1.4698, 1.48 and eventually 1.50, provide the price does not fall back below 1.4470. The move would complete the head and shoulder formation that started in April.

The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed, neither the information presented nor any opinion expressed constitute a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. Forex, futures and commodity trading may not be suitable for all recipients of this report. The risk of loss in trading forex, futures and options can be substantial. Each investor must consider whether this is a suitable investment. All recommendations are subject to change at any time. Past performance is not a guarantee of future results. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Thursday, 28 July 2011

Are Stocks About to Crush Again? No, but....

The image of the stock indexes falling is still vivid in minds, as decades of growth evaporated in only few weeks. With the economy only timidly recovering from the ashes, a question is still unanswered:”Will it happen again?” Only time will tell. However, it appears clear the long-lasting trends of the 90’ are over. The stock indexes are oscillating within boundaries. A top might be nearing, if history repeats itself.  Let us see why.

Wednesday, 27 July 2011

Short Term Trading: ++USDCAD on Thursday, July 28


++Usd/Cad at 0.9528, stop-loss at 0.9490, target 0.9538 or MOC. The U.S. did not break below long term support line and Canadian might try to rebound from here.   

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.



Sunday, 24 July 2011

Short Term Trading: ++ EUR/USD on Tuesday or Wednesday, July 26/27


++ Euro/Usd at 1.4460, stop-loss at 1.4370, target 1.4470 or MOC. Euro might be building a continuation patter within the uptrend.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading

Saturday, 23 July 2011

Greece Rescued. Crude Oil Prices will Increase?

The new optimism following the approval of the rescue plan for Greece could support the European currencies and crude oil toward April’s high. In the U.S., instead, an agreement has to be found yet, while August deadline is quickly approaching.

Tuesday, 19 July 2011

Short Term Trading: ++ Aud/Usd on Wednesday, Thursday or Friday


++ AUDUSD above 1.0822, stop 1.0730, target 1.0852 or MOC. Australian appears to be showing a continuation pattern in the hourly charts. A breakout above Bollinger bands could trigger buying orders.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Monday, 18 July 2011

Short Term Trading: ++USDCAD, Tuesday, July 19/11


++USDCAD at 0.9735, stop at 0.9635, target at 0.9755 or MOC. Dollar appears to be oversold at current levels. There is a divergence between the RSI indicator and price.  
The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Sunday, 17 July 2011

Euro/US: Higher Short Term?

As the U.S. and Europe are trying to cope with new financial challenges, uncertainty is bouncing from one side of the Atlantic to the other. Currencies are stretched to the extremes and the wind of opportunity appears to be switching again in favour of the Euro against the U.S. dollar. The economic momentum is still running in Europe, despite the incertitude linked to the sovereign debt sustainability, but the upward strength could be limited.

Thursday, 14 July 2011

EURUSD: Rebounding?



Technically the Euro appears to be preparing a bounce forward that might last between few weeks to few months. The decline of this week did not produce any follow-through. Various levels of support have held and the market could try to climb again and complete the large head and shoulder formation that started in April. The selling climax of Tuesday, July 12/11, could inspire a rebound to 1.43, 1.45, 1.50. In addition, seasonal components support the European currency during the second part of the year. November and December could then be two pivotal points. A move below 1.38 would instead take the price to 1.36, 1.34.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed constitutes a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Wednesday, 13 July 2011

Short Term Trading: ++AUDUSD, Thursday, July 14/11


++ AUDUSD above 1.0827, stop 1.0730, target 1.0858 or MOC. Australian appears to be showing a continuation pattern in the hourly charts. A breakout above Bollinger bands could trigger buying orders.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed constitutes a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

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Tuesday, 12 July 2011

Short Term Trading: ++ EURUSD, Wendnesday, July 13/11



++ EURUSD at 1.4079, stop at 1.4010, target at 1.4120 or MOC. The market has shown a selling climax and might be ready for a rebound.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Monday, 11 July 2011

Short Term Trading: ++ USDCAD, Tuesday, July 12/11


++ USDCAD at 0.9724, stop at 0.9650, target at 0.9734 or MOC. Seasonal components support an increase of the U.S. dollar over the short/medium term.

The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Sunday, 10 July 2011

Short Term Trading: --USDYEN, Monday, July 11/11


-- USDYEN at 80.25, stop at 80.70, target 80.00.There is a divergence on the chart and a breakout of the weekly support could trigger selling orders.
The data contained in the website is believed to be drawn from reliable sources but cannot be guaranteed. Neither the information presented nor any opinion expressed consitutues a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. There is a great risk in trading. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

Friday, 8 July 2011

Canadian Dollar: Breakout or failure?

As the US dollar is approaching the low of the past 3 years against the Canadian dollar, weakness appears to be short lived. In fact a move above 0.9725 will lift the price to 0.9860, eventually 1.04, if the resistance at 0.9950 is broken. Only a decline below 0.9340 will take the price to lower levels.