Money Management
Written at 15:53, by Ian Coleman
18Apr
2012
2012
Home » Money Management
Tag Archives: Money Management
Forex tags
Education
Recent Posts
Recent Comments
Archive
- April 2013 (4)
- January 2013 (2)
- December 2012 (2)
- November 2012 (1)
- October 2012 (3)
- May 2012 (2)
- April 2012 (3)
- March 2012 (1)
- February 2012 (1)
- January 2012 (14)
- December 2011 (21)
- November 2011 (46)
- October 2011 (43)
- September 2011 (55)
- August 2011 (30)
- July 2011 (28)
Latest Market Update
EURUSD
23/05/2013
9:31am
9:31am
Bearish Bias – Sell at 1.2877 stop at 1.2905
“EURUSD – Trading was mixed and volatile yesterday but the rally was sold close to 1.3000 with strong follow through bearish momentum resulting in EURUSD posting a negative daily performance. This selling pressure has continued overnight but the dip has been bought from 1.2824.Although the outlook is bearish, we have to be careful at current with the USD Index ‘clipping’ the 261.8% extension level (from 81.37-82.61), before turning lower. With this in mind, there is ample scope for a larger correction going into today. The call is Bearish Bias – Sell at 1.2877 stop at 1.2905. The profit targets will be: 1.2830, 1.2805 and towards 1.2752
Resistance levels are: 1.2856, 1.2878 and 1.2900
... [Read more]”
