Sunday, 19 January 2014

Year 2014

Wow, has it really been all most 6 months since my last post? It has been a while and a short break became a medium break, and then a long break. You know how it is.

In any case, I am back now in the new year (who knows for how long this time) and am looking forward to the trading action for the year.

Have had a very good come back week, pulling together some successful trades to get me back into the groove.

Without further ado, looking at EUR pair this week:

Pair Level(s) to watch Description
EUR/USD 1.34, 1.3580 Fakey pattern played out at the 20 MVA. Break of upward slope. Should see the pair target 1.34.
EUR/JPY 141, 142.8 Uptrend streak broken in the previous week. Consolidating last week to the lower side of the range. Looking for bearish continuation into the new week.



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