Oct 29 2009

Daily Outlook for EUR/USD?

Taking a look at today’s EUR/USD D1 Chart, we can see how price stopped at around the 1.4700. This guys, was a virtual given – 1.4700 being a psycologial support/resistance point, AND the fact that it’s at the 61.8 Fib retracement level, consequently bouncing back up, and reacted to the 38.2 Fib line to the [...]

Oct 13 2009

What’s the easiest pair to trade?

I know there are a number of traders who will claim that some pairs are easier to trade than others. Although I do admit that history shows this might be the case, the truth is, no pair is easy to trade. And no pair is the EASIEST to trade. This is my humble opinion and [...]

Sep 8 2009

Warning on todays potential AshFX V2 Setups.

You’ll see that EUR/USD and USD/CHF have produced long and short signals respectively, not surprising since these pairs are inversely correlated. However, if you look at the setups: 1. The candles are very long in comparison to the past few days’ candles. This will make our stop losses very large. 2. The Stochastics, whilst not [...]



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