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fxprocessor replied Feb 21, 2011Morning all. Nothing screaming at me to trade on EURUSD yet. Cable looking slightly more interesting..
EURUSD
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fxprocessor replied Feb 19, 2011Over the course of the next week or so it looks like there is more upside potential. Price will show us the way.
Cable Update (GBPUSD)
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fxprocessor replied Feb 19, 2011EURUSD weekly analysis — EURUSD weekly analysis Price has closed close to the top of the weekly range and the 1.3861 multi-week high looks vulnerable. Price found support at the 1.3440 area and this is still key support should there be any ...
EURUSD
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fxprocessor replied Feb 19, 2011Cable weekly chart analysis — Cable weekly chart analysis I will potentially trade a break of 1.6300 next week with a pullback retest showing bullish price action. Alternatively a false break of 1.6300 with a big bearish reversal bar would be ...
Cable Update (GBPUSD)
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fxprocessor replied Feb 18, 2011Charts now looking good for some small time frame upside but not at this time on a friday for me. Have a great weekend all.
EURUSD
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fxprocessor replied Feb 18, 2011If the current bar closes around this level I will have a bullish bias going into monday.
EURUSD
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fxprocessor replied Feb 16, 2011Taken a short @ 1.3475. Looking for the inside day to break to downside. Stop above daily high. Open take profit.
EURUSD
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fxprocessor replied Feb 16, 2011At this moment in time I am glad I did not go with the EUR/USD long. Price just ran too far into resistance to expect a strong break. Happy to sit on hands for now.
EURUSD
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fxprocessor replied Feb 16, 2011I took a breakout on Cable instead so pulled EURUSD inside bar entry. Cable was a nice consolidation breakout of a sideways range but EUR has moved 75 pips without a decent retrace into resistance. It may work out still but preferred cable entry.
EURUSD
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fxprocessor replied Feb 16, 2011
Nice one. See my trade analysis for why I took the breakout. cheersCable Update (GBPUSD)
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fxprocessor replied Feb 16, 2011Out for a nice winning start to the day. These early breakouts are my bread and butter trades. See attached chart for exit and check my blog for exact confirmed levels.
Cable Update (GBPUSD)
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fxprocessor replied Feb 16, 2011Long cable — Looking for a quick take profit on this early breakout.
Cable Update (GBPUSD)
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fxprocessor replied Feb 15, 2011My orders are placed. I straddle these setups so limit my overall exposure in case I have a double fake out (rare). All the best whichever way you play it. FXP
EURUSD
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fxprocessor replied Feb 15, 2011Yes and these give us outside/engulfing bars which are great trade triggers in themselves.
EURUSD
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fxprocessor replied Feb 15, 2011Agreed that inside bars can fake out often. I only ever play them at key areas and even then can often lose but generally come out on top over time.
EURUSD
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fxprocessor replied Feb 15, 2011Inside Day Trade Setup — EUR/USD will form an inside day, at a key area, today unless price breaks yesterdays low/high in the next hour or so. I am interested in playing a breakout of the inside bar. I have my eye on this Potential inside day ...
EURUSD
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fxprocessor replied Feb 15, 2011Inside day — If price consolidates around the 1.3500 area we will have an inside day which could be a nice breakout trade tomorrow.
EURUSD