EURUSD Thursday 30th June 2011 review

EURUSD Target 1.4440 hit

Well, it did hit the target of 1.4440, last week high.

Like I say 2 days earlier, opportunity for bulls. To see what it looks like, the Ichimoku at all timeframes..

analyze the chart below:-

As you can see, at 6 tf, all price pattern was above Kumo Clouds. 2days ago, it broke H1 above clouds, and we had waited for 2 days for it to reach the targetted point for this week. With series of false bearish breakouts at smaller timeframes, it does pays off to be patient, and wait for the price to reach 1.4440

Well, i guess, it is time for a break. Im not entering any trades today. And i hope you guys profit well from my analysis. Take a break, go shopping, tidy your house, garden.. and we will meet again next week, for more reviews.

Cheers everybody, and have a nice weekend.

By Radin Hisyamuddin - SFXT - More analysis by requesting email at radinfx@gmail.com

EURUSD Monday Closing

EURUSD Closed High on Monday, 27th June 2011.

It drops an 80 pips ++ after my analysis.. and Broke the M15 TF with a 100 pips ++ after the London Session.

I Predict a move upwards at Last Week's High, 1.4440 (Wednesday 22nd June 2011) or simply close buy orders TS over KS crossing from above, resulting a weak Bearish Crossover above Kumo Clouds.

What i saw was an excellent buy sell opportunities. It was like a large whipsaw.. but it sure shows some uptrend opportunity for bulls.

We shall see more on Asian Close and Frankfurt to London open.

What ever your decision was, make sure your placing a stop loss and take profit, with proper money management.

Remember if you did something a thousand times, you'll be good at it. Winning a thousand trades definitely proves what kind of trader you are. Most important, is your 1st move towards a better and consistence Forex Trading with Ichimoku.

By Radin Hisyamuddin - SFXT - More analysis by requesting email at radinfx@gmail.com

Where will EURUSD head today? Monday June 27, 2011

EURUSD is still in a downtrend under Kumo down, but a weak Bullish Tenkan Sen crossing from below Kijun Sen, below kumo clouds occur last Friday. From my analysis, it looks like a pullback upwards. Its Risky buying from here, but it all depends more on individual trading style. I suggest Selling with tight Stops atleast last Fridays lows, for a Continuous Selling activities.

Close monitoring on smaller TF's, M5, M15 for momentum. If it consolidates and less sell buy activities, stay away from Monday trading.

Just an analysis.

By Radin Hisyamuddin - SFXT - More analysis by requesting email at radinfx@gmail.com

EURUSD After London Open

Nice drop, about 100 pips from morning, 8:00 am GMT +8...

I'm out for the day, but still holding half of my position since April high. Thats all for today folks. More analysis by Email me your favourite pair.

By Radin Hisyamuddin - SFXT - More analysis by requesting email at radinfx@gmail.com