I've been trading Forex for over eight years, basically self-taught through lots of reading, and help from this forum. With that in mind, I decided to start this thread to discuss and journal my euro trades.
These trades are based on a combination of Fib, Elliott and Gann analysis. It is my intention to post the levels on a nightly baisis at about 9:30 pm Eastern US Time, to reflect the levels at which my analysis revelas that the Euro/USD will be within the next 24 to 48 hours.
Of course, please use all of the analysis on this thread (and probably every other thread, too) with a grain of salt and definately follow it at your own risk - I'm posting for informational purposes only as to my personal analysis and in no way is this trading advice.
With that said, for Sunday June 24, 2007 to Monday June 25, 2007:
We'll see a high of about 1.3487 and low of 1.3431 on the Euro.
First line of support is at 1. 3458, just a little lower than Friday's close, so may see it get touched, then up to resistance at 1.3483/87, needing a rest down to 1.3430, which if it gets too sluggish will break to 1.3413.
These trades are based on a combination of Fib, Elliott and Gann analysis. It is my intention to post the levels on a nightly baisis at about 9:30 pm Eastern US Time, to reflect the levels at which my analysis revelas that the Euro/USD will be within the next 24 to 48 hours.
Of course, please use all of the analysis on this thread (and probably every other thread, too) with a grain of salt and definately follow it at your own risk - I'm posting for informational purposes only as to my personal analysis and in no way is this trading advice.
With that said, for Sunday June 24, 2007 to Monday June 25, 2007:
We'll see a high of about 1.3487 and low of 1.3431 on the Euro.
First line of support is at 1. 3458, just a little lower than Friday's close, so may see it get touched, then up to resistance at 1.3483/87, needing a rest down to 1.3430, which if it gets too sluggish will break to 1.3413.