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Wednesday, July 09, 2008

Daily Strategy:

EUR/USD ......... Buy near 1.5601
USD/JPY .......... Sell near 107.75
USD/CHF.......... Sell near 1.0373
AUD/USD..........Buy near 0.9473
EUR/JPY ..........Sell near 169.13
EUR/GBP..........Sell near 0.8001

6 comments:

............................. said...

since June 24th according to your system, the eur/usd has not filled once, but on 7/3 you recommended buying euro near 1.5681....did that fill....where do you put your stops??

Unknown said...

Hello,
I've got a similar uestion:
You recommend since Tuesday 8:

EUR/USD ... Buy near 1.5601

EUR/USD is the entire day ~1,5710 - 1,5730.

so it would make more sense to short EUR/USD at the current level on the way down to ~ 1.5601.

Similiar applies to other currency pairs. They are far off the current levels so it would make sense to buy them like USD/JPY: currently ~ 107.10.

Unknown said...

You right guys...

Unknown said...

You right guys, I stick to much to this price for Daily Strategy, but Intraday I do like you toaking at http://algsnotes.blogspot.com/

Unknown said...

Hi,
thanks for the above link to
http://algsnotes.blogspot.com .
This one is new to me.

just one question for better understandig it:

all charts like EUR/USD etc. show a blue line (eg = 1.5680) and a thick black arrow (here upwards).

Does it mean that we should go long at the level of being 1.5680 only ?

Or to go long as long as the price is above 1.5680 ?

How to interpret these 15m-charts?
Thanks in advance.

Unknown said...
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