You are looking at posts that were written in the month of January in the year 2010.
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Posted on January 22nd, 2010 by James Alliss.
Categories: Forex.
My EUR/USD call was almost dead on. Despite the bearish tone, the pair made a run up to 1.4182. Obama made some comments today about shaking up the banks which had a huge effect on the markets but even with this news, EUR/USD still managed to almost hit 1.4200 as I mentioned yesterday.
I have no idea whats going to happen now until traders digest todays news so I’ll have to wait until Monday.
James.
Posted on January 21st, 2010 by James Alliss.
Categories: Tips, Forex.
GBP/USD dropped like a stone and made a low of 1.6124. I made some nice pips from this trade. I’m now looking at EUR/USD and it looks to me as if it’s turning over and on its way back up.
EUR/USD buy area looks excellent @ 1.4090 with a max 50 pip stop. I anticipate the pair making a move up to 1.4200 provided we stay above 1.4060.
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James.
Posted on January 19th, 2010 by James Alliss.
Categories: Tips, Forex.
I really don’t have the time to keep updating this regularly now so I’m going to only post high probability outcomes.
I believe that if we break the low of 1.6290 on GBP/USD we should see a significant move down.
That’s it - short and sweet.
Posted on January 6th, 2010 by James Alliss.
Categories: Forex.
Happy New Year!
I’ve been doing a lot of trading over the past few days. There is a lot of volatility, particularly on GBP/USD so I’ve been taking advantage of this. The market looks confused at the moment but although everyone seems to be saying that you should sell sterling I’m not so sure and here is why.
AUD/USD looks bullish, EUR/USD has taken a nose dive recently but the 4 hour chart is showing signs of a potential change in direction. Although GBP/USD is currently in a short condition, if EUR/USD makes a move to the north, it will only be a matter of time before GBP/USD will have to catch up.
So, I think we may see some sterling strength tomorrow but I will only trade what is in front of me.
James.