Forex Trading Blog

  • Recent Posts

  • Authors

  • Categories

  • Archives

  • Subscribe

    Add to Google Reader or Homepage

    Add to My AOL

    Subscribe in NewsGator Online

     

    Forex Trading Blog - Forex Trading Blog » DailyFX Radio Podcasts - Forex Trading Blog » DailyFX Radio Podcasts

  • Opinions - Not Facts

    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.

    • « Falling in love with a trade | Home | How to See the Future »

    EURCHF - The Sellers Win…For Now

    By Eliseo Agas | July 26, 2007

    Resistance held with selling coming in overnight. Thankfully, my breakeven stop (noted in my previous post) was in place so no harm done.

    Interestingly, if the current selling doesn’t break definitively below the 1.6550 level (area of congestion/support) I believe there might be another chance to make a run to the upside for a potential break above recent resistance. Stay tuned for any developments on this idea in the coming days.

    eurchf-0726.gif


    Tags: , , ,

    Topics: Better Use Charts - Use Charts Better |

    Comments