EUR/USD Signal (Nov 28)

Look to get long the eur/usd between 1.4730-1.4700.

EUR/USD 4hr Chart:

Euro and Cable update

The euro is back at resistance, 1.4840. Because of what is setting up longer-term I would look to short again between 1.4850-1.4900 or better. We’ll probably get a few more chances at the trade so be ready to take action when it trades in this zone.

Roll stops up on the cable long from the 2.0550 area. Have a great Thanksgiving!

GBP/USD

Look to buy the cable around 2.0580-2.0550. Hold the longs from below.

EUR/USD 11-19-07

Look to the sell on the euro between 1.4730 and 1.4750 and then again at 1.4800.

GBP/USD

Good morning! If you shorted the euro near 1.4700, you're a happy camper now. While that trade is working my attention is drawn to the cable. I'll be looking to get long near 2.0450 and 2.0400. Yesterday and last night there were some nice bounces off 2.0500.

EUR/USD Short Setup

Start looking for a place to short the eur/usd around the 1.4700 handle and then again at 1.4750. If price goes that high, consider lightening up on the longs from below.

EUR/Sell Setup

Start looking to sell the euro between 1.4750-1.4800. The longs from below are still working nicely. If this changes, I'll send an update.

EUR/USD Sell Setup

The short setup from Friday played out for about 50-70 pips depending on how the trade was managed. Since then price has rallied higher. This is exactly why I’ve been saying to hold onto the longs while we take some countertrend trades. Talk about little extra icing on the cake! I am looking to short the euro between 1.4660-1.4700.

EUR/USD Short Setup

The euro has finally made its way back up to test resistance. Look to short between 1.4520-1.4550.