Comments on: Weekly Forex Technical Analysis - 26th August 07

By: Jude

Jude — Thu, 30 Aug 2007 04:00:52 +0000

Good to see you Dan and Sir Forex.

Dan - Don’t know why but I kinda hate USDCAD. It’s weird! lol.

Sir Forex - Good trade and good luck too from here!

Sir Forex — Wed, 29 Aug 2007 14:18:45 +0000

Great day for trading on my behalf.
Liking the USD more and more these days.

Dan — Tue, 28 Aug 2007 23:49:08 +0000

Short reasons for EUR/USD: Resistance on the 4hour chart (200 SMA reached while MACD topped) and retracement from 1.3850 to 1.3359 completed.

I personally sold EUR/USD. No target yet, but my stop loss is very close just above 200 SMA / 4hour chart at 1.3700.

Sorry Jude for not posting my stuff in a separate post, I was just browsing around…

Happy trading.
Dan

Dan — Tue, 28 Aug 2007 23:44:47 +0000

USD/CAD seems to be back on track to take out those recent highs. I’m thinking about the one around 1.0871.

Let’s see how long till it reaches ~1.0900.

Dan — Tue, 28 Aug 2007 23:41:52 +0000

Anyone else shorting the Euro and Yen?