Welcome to my Trading Blog

Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Wednesday, May 19, 2010

EURO/USD, Please get ready to go Long(Buy), it may be intervented !!

Now the pair is still on mild reversal, trading near 1.2400.  There are signs  that ECB /Euro central banks are getting ready to support the Euros, Once the pair is pushed beyond the 1.2440-1.2450,  then  you can Buy (Long) the pair without any delay.

Do keep your position smaller,with lower leverage, and probable Stop loss Guard, as it may be a very choppy and volatile Trading sessions especially on this particular currency pair.

Asia Trading session, 14:56,  20-may-2010(Singapore/Malaysia,Beijing)

Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)