Tuesday, 31 January 2012

Forex Trading Tip on EurUsd

Analysis on EurUsd Currency Pair :
EurUsd has been in uptrend movement since 19 Jan 2012 after broken above upper channel line of a down channel that started 31 Oct 2011.(Refer to Daily Chart attached)

We are looking to take a small profit of 20 pips out from forex market on daily basis.The stop loss for the trade is 20 pips too. Risk reward ratio is 1:1.


By looking at M15 chart , we look to Buy at 1.3150 if price retrace below this level. (See attached chart)

STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green

Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...