Posts Tagged by day trading video
EUR/USD-Tighter and Tighter it Winds….
| March 10, 2010 | Posted by admin under Stocks & Stock Market Analysis |
There was some movement today, but the daily range has narrowed. The EUR/USD is a trending currency and will eventually make a trending move, but now it trades between two pivotal levels, 1.3430 and 1.3740. The recent swing have given us some support and resistance within the range: Support comes in at 1.3540-1.3525. A drop…
Triangle Normally Indicates Breakout, BUT….
| March 9, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Here is your daily outlook for the EUR/USD – March 9, 2010. The pair continues to move in a sideways fashion. On the hourly chart we have converging short-term trendlines forming a triangle . Given that the triangle has formed within a well-established range does not indicate a breakout. Although, a move above 1.3715 would…
Don’t Use Trading Stops!
| January 27, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
So I saw this article and knew it might draw some controversy, and thus I had to post it. Do you think you need to place a stop? Or does getting out have more to do with what is unfolding currently and the original stop is outdated (that stop was picked at the time of…
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