dragon1's Blog

Avatar

EURo looks bullish

Ahh, another beginning. I am refreshed!
To prepare for the month, let's first take a look at Euro with a slightly longer term view. Euro
has been advancing fiercely for some time. Just a short time ago it penetrated previous high.
Currently it lies in line with a few heads in the past. Trend is firmly bullish! Most likely it
will break out to a new high, thus pave the way for a more sustained rally. I am prepared for it!
The weekly chart below illustrate the current state, and some resistance le…
Read full story
Translate to English Show original
orto leave comments
Avatar

EURo, Euro, you rock!

By now, it is clear that Euro is on a confirmed bullish track, although it may still take some digesting to fully absorb the over-heat before making another leg up. Therefore, simply watching Euro for long trading opportunities, either for scalp or swing, may already get you some nice profit.
In addition, I have noticed that those Euro-related cross pairs also start to show potential for a bullish move. In particular, I'd like to mention EUR/CAD, EUR/AUD and EUR/NZD, besides EUR/JPY which is alr…
Read full story
Translate to English Show original
orto leave comments
Avatar

It takes some time for Euro to digest

After yesterdays' rocket rise, Euro laid back a little. Last night it retreated, allowing late comers to catch up for the bullish excitement. As the scale of rise has been quite large, there may be some hesitation for further rise to a new high. Nevertheless, the mood is bullish, the momentum is there. We can buy low and sell high, as the adage says rightly!
As for the contest, I choose to rest for a while without catching the last drop of honey before the weekend. After all, trading is not all …
Read full story
Translate to English Show original
orto leave comments
Avatar

EURo's bullish move should continue

I have been staring at the community predictions for a while, especially about Euro. Hmm, is it a good indicator? Not quite sure. But here is my view on Euro. Please comment!
Euro made a timely rebound from a major support. Besides, it has broken the downward correction trend line, meaning the condition for a bull run is basically available now. Last week's performance is perhaps just the beginning!
Read full story
Translate to English Show original
orto leave comments