Lincoln FX - Forex alerts » #23

Eur.Usd #23 – chart update

Arco — Fri, 05 Feb 2010 02:15:15 +0000

One for Roderick.

Well we finally got there after a minor diversion which some even managed to take advantage of when they went short again from the yellow box shown in the previous chart. Our final personal positions got closed at the given TP 3800 and that gave us another 140 pips. I havent counted any from the add on order, but I know from comments many have got up to 300 pips from that move. Well done everyone, I’m really happy that our members picked up the ball and ran with it. If you still have some positions in place start to be a bit cautious now with NFP looming. Daily thoughts will follow on ASAP

That was a perfect Bearish engulf against the 4H Kumo.

Eur.Usd #23 – chart update

Arco — Tue, 02 Feb 2010 20:24:51 +0000

I mentioned on thoughts yesterday

Eur.Usd #23 – update

Arco — Fri, 29 Jan 2010 01:54:30 +0000

Current price is 1.3926. and we had a few of our orders on TP at 1.3940 (+200 pips) which got hit over lunch (NZ) time. Still looking good for our target 1.3800 and perhaps more, and we are hanging in with some for the long haul. For those who cleared all their orders out earlier we can look for a possible retrace/reversal in the 4000-4050 area

Order Update Euro #23

Arco — Wed, 27 Jan 2010 20:52:26 +0000

Nice move down after a mild roller coaster on the FOMC. Many members have already taken profits (max +150 pips or +76 off second entry). We got a few off at 1.4000 as this seems to presently be a support level. Still no reason not to expect the price to go .3800 or lower if 4000 can be penetrated. Stay vigilant, and if that breaks the continuation is on. Current price 1.4016

Order Update Euro #23

Arco — Wed, 27 Jan 2010 09:50:41 +0000

It seems from comments that many members have been taking some very good profits off the Euro trades. We took some off at +100 pips to give a buffer against the FOMC announcement in about 9 hours. Late entrants had opportunities of up to +45 pips, and some members report closing off completely until after the event. It appears the fun and games have already begun.

Email broadcast for late entrants

Date: Tue, 26 Jan 2010 04:30:54 -0500. Euro
Short at 1.4066 where there is a swing point formed
Stop at members discretion or maximum 1.4196
Target still 1.3800 or maybe lower.

Order Update Euro #23

Arco — Tue, 26 Jan 2010 06:57:38 +0000

We always like taking some profits as we go , so we’ve taken a few off at +60.

Weekend Update GBP.USD – EUR.USD

Arco — Sun, 24 Jan 2010 02:47:48 +0000

Holding over the weekend is not our preferred choice because of unknown factors like surprise announcements by governments, major global disasters, etc. These can cause wide opening gaps, and they may not always be in the favoured direction.

Many members took profits of up to +200 pips on Gbp.Usd,

Early Warning #23: Eur.Usd circa 600/1000+ pips ahead?

Arco — Fri, 11 Dec 2009 21:03:32 +0000

We talked on comments about correlation of Euro/Aussie. Here for reference are the 2 charts side by side. We see at times there are some wild differences. The patterns look a bit like a ‘W’ – now compare the Euro centre point for one example of being out of sync.

is the comparison

Early Warning #23: Eur.Usd circa 600/1000+ pips ahead?

Arco — Fri, 11 Dec 2009 02:03:33 +0000

I’ve been keeping my eye on this one for a potential move of 600-1000+ pips, and here’s what I’m looking at right now. Price action is sitting on the second …………

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