Блог AdamFx42

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EURo hanging on around 1.23

I am short EurUsd because of fundamentals
There are sounds in Italy around election time that oppose Eur
Technically EurUsd is stuck below 1.2345 now
and I am short just above 1.23
I will be looking to add shorts EurAud and EurNzd too
This from Trading Central:
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EURUsd opens higher Monday

The Euro seems a bit stronger at market open this week
EurUsd is up at market open after the Italian elections today predict a hung parliament
This is what was expected, and the Euro is up on the news
because the alternative would have been a government willing to oppose the Eur coin
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EURUsd breaks back above 1.12

Bit of a surprise to me - but EurUsd recovers at the end of the week
I did not see this coming - but EurUsd breaks back above 1.12
just before market close and weekend
UsdJpy and GbpUsd have hardly moved today - but EurUsd did for some reason
It is not clear to me what the driver is here
If EurUsd can hold above 1.12 for the weekend it will look more bullish next week
have a great weekend all!
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EURUsd fails at 1.10

EurUsd was slammed down to 1.0950 last night
After climbing above 1.10 EurUsd went back down 75 pips
The sellers seemed to be well presented in the market
This looks like a failed attempt above 1.10
and i will be selling just below there
I think a retracement back to 1.08 area will happen
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Closed my positions today for the weekend

I closed my EurUsd long today
I would have been stopped out by weekend leverage if I had not closed this position
I had a 4.2 milj EurUsd long, and just around 60K trade amount
I am up a little bit from yesterday now at 65K
Good weekend all!
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Doing a bit better

I am doing a bit better today in the contest
My EurUsd is up 60 pips now
after being down 60 pips last night
I went long yesterday with 50K left in my account at 1.2930
I was down to about 35K overnight
and now I am back up to about 80K
I am planning to close yesterday if I hit 100K
and then re-evaluate
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Market quieting down - no real opportunities

The market has settled this night and is not moving much
I do not see any opportunities in the pairs that I have been watching
EurUsd has died out completely and will hardly move a pip,
but is stuck just above 1.0850 now
If it will hold above there tomorrow - then I can speak of support
UsdJpy is hovering above 111, and direction is unclear for now
The pair is not showing weakness, but fails to move further up
I shall wait to see what the day brings
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EURUsd trying to put in a low today

EurUsd is holding just above 108.5 today
EurUsd was in retreat today and tested the 108.5 level this afternoon
A quick move up to around 108.8 just now indicates a low for now
The pair was moving back towards 108.5 and halted around 108.6
It would seem a temporary bottom is in place at 108.5 now
I will try to buy around 108.6 - 108.7 with SL below 108.5
for a retry to break above 109 again
The pair will have to break above 109 today or tomorrow to remain bullish
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EURUsd remains above 1.07

EurUsd has closed above 1.07 on Friday night

This looks good for Eur, and is a bullish sign to me
Retracement from recent highs has seemed to have been halted around this level
No deep retracement in the pair is a bullish sign
and I will be looking to go long Eur next week
good weekend all!
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EUR just above 1.06 at market open

EurUsd is just above 1.06 at market open
I am thinking that 1.05 area will hold
I would like to go long a bit lower but I don't know if we will go any lower
than current level
I am awake tonight so will keep an eye on EurUsd
I will set a buy limit just above 1.0550
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