This is a dull week. EURUSD is capped in a 120pips sideway range. The big players are the ones with the $$$ to move the markets. And they are mostly on their summer holidays sunbathing on a beach. Volatility will return when they return.
On thursday i gave a live call to LONG EURUSD. See link.
http://www.forexmindgames.com/2012/08/long-eurusd.html
Here are the results of that trade. From the 4hr chart below, EURUSD touched the 3rd point of the rising channel. It attempted to go up but only managed to rise for 100pips. It is enough for me to earn some profits on this trade.
http://i47.tinypic.com/1z5qm35.png
The 10min chart shows the details of my trade. Trading is a mind game. Remember this. Take what the markets give me.
http://i45.tinypic.com/2a989lf.png
On thursday i gave a live call to LONG EURUSD. See link.
http://www.forexmindgames.com/2012/08/long-eurusd.html
Here are the results of that trade. From the 4hr chart below, EURUSD touched the 3rd point of the rising channel. It attempted to go up but only managed to rise for 100pips. It is enough for me to earn some profits on this trade.
http://i47.tinypic.com/1z5qm35.png
The 10min chart shows the details of my trade. Trading is a mind game. Remember this. Take what the markets give me.
http://i45.tinypic.com/2a989lf.png