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Messages - pranjali
31
« on: March 09, 2011, 05:32:04 pm »
Trade Idea Wrap-up: GBP/USD ? Stand aside<p>Despite intra-day retreat from 1.6244 to 1.6166, as the British pound has rebounded again, suggesting further consolidation would take place and break of said resistance would bring another bounce to 1.6259 (61.8% Fibonacci retracement of 1.6342 to 1.6125) and possibly towards 1.6285/90, however, price should falter below strong resistance area<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/QxG6kkSgFG4" height="1" width="1"/> Source: Trade Idea Wrap-up: GBP/USD ? Stand aside
34
« on: March 08, 2011, 11:07:56 pm »
Trade Idea Wrap-up: EUR/USD ? Sell at 1.3965<p>Euro?s intra-day selloff and the breach below the Ichimoku cloud bottom signal top has been formed at 1.4036 yesterday and consolidation with downside bias remains for retracement of recent upmove to 1.3856 (61.8% Fibonacci retracement of 1.3744 to 1.4036) and possibly towards previous support at 1.3833 but reckon 1.3800 would remain intact.</p><img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/2NcTHUWiock" height="1" width="1"/> Source: Trade Idea Wrap-up: EUR/USD ? Sell at 1.3965
38
« on: March 07, 2011, 11:13:24 pm »
Trade Idea Wrap-up: EUR/USD ? Stand aside<p>Despite intra-day resumption of upmove to 1.4036, as recent upmove is losing momentum, suggesting upside would be limited to 1.4047 (61.8% projection of 1.2860-1.3862 measuring from 1.3428), and the single currency is likely to meet resistance around 1.4065-70 (1.618 times projection of 1.3744-1.3890 measuring from 1.3833) and reckon 1.4100 would hold, bring correction later.</p><img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/kpJvc9NlcaE" height="1" width="1"/> Source: Trade Idea Wrap-up: EUR/USD ? Stand aside
39
« on: March 07, 2011, 05:04:27 pm »
Trade Idea Wrap-up: GBP/USD ? Stand aside<p>Despite intra-day bounce to 1.6342, the subsequent stronger-than-expected retreat after faltering below previous resistance at 1.6344 suggests further consolidation below this last week?s high would take place and test of previous support at 1.6216 is likely, break would bring retracement of recent upmove to 1.6185-90 (50% Fibonacci retracement of 1.6030<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/o95GB_DiPyE" height="1" width="1"/> Source: Trade Idea Wrap-up: GBP/USD ? Stand aside
43
« on: March 06, 2011, 05:11:12 pm »
Trade Idea Update: EUR/USD ? Stand aside<p>As the single currency has continued to trade with a firm bias after yesterday?s rally, suggesting recent upmove is still in progress and further gain towards psychological resistance at 1.4000 would be seen, however, near term overbought condition should prevent sharp move beyond there and reckon 1.4050/60 would hold from<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/WmGINctHAXE" height="1" width="1"/> Source: Trade Idea Update: EUR/USD ? Stand aside
45
« on: March 06, 2011, 05:09:15 am »
Trade Idea Update: USD/JPY ? Stand aside<p>Although the greenback has risen again after finding renewed buying interest earlier at 82.29 and a stronger retracement of recent decline to indicated level at 82.78-80 (50% Fibonacci retracement of 83.98 to 81.57 and 61.8% Fibonacci retracement of 83.56 to 81.57) is underway, near term overbought condition should limit upside<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/geKwUowS7XI" height="1" width="1"/> Source: Trade Idea Update: USD/JPY ? Stand aside
48
« on: March 05, 2011, 11:01:45 am »
Trade Idea Update: USD/CHF ? Buy at 0.9210<p>Although dollar?s retreat after intra-day marginal rise to 0.9332 suggests consolidation with mild downside bias would be seen for retracement to 0.9249-52 (current level of the Ichimoku cloud bottom and 61.8% Fibonacci retracement of 0.9202 to 0.9332), this week?s low at 0.9202 should limit downside and bring another rebound later.<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/AVKWmKSsvWw" height="1" width="1"/> Source: Trade Idea Update: USD/CHF ? Buy at 0.9210
50
« on: March 04, 2011, 11:01:15 pm »
Trade Idea Wrap-up: EUR/USD ? Stand aside<p>Although the single currency has risen again in U.S. morning and price briefly penetrated psychological resistance at 1.4000, however, loss of near term upward momentum should prevent sharp move beyond 1.4047 (61.8% projection of 1.2860-1.3862 measuring from 1.3428) and 1.4065-70 (1.618 times projection of 1.3744-1.3890 measuring from 1.3833) is likely<img src=" http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/Ck_bMvUbyk8" height="1" width="1"/> Source: Trade Idea Wrap-up: EUR/USD ? Stand aside
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