EUR/USD 5min Chart

Thursday, 24 May 2012

Forex-Day-Trading-EUR/USD

This is the 2day 5min Chart for EUR/USD

There are a couple of reports of HIGH importance due out today with the last report due out at 1.30pm GMT+1. The Market tends to trend sideways prior to the last report of HIGH importance. 

The Market is currently trending Sideways. Pending orders have been placed outside the sideways trend with a pending BUY order just above the Pivot Point at 12610 and a pending SELL order just below S1 at 12530.

Monday, 21 May 2012

Forex-Day-Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Market is currently trending sideways. A pending SELL order was placed just below the Pivot Point at 12738 and a pending BUY order just above R1 at 12837.

Thursday, 29 March 2012

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Stop Loss was taken at 10AM with a loss of 20points. No further trading till after the report at 1:30PM.

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending BUY order just above the Market Resistance at 13334 was taken at 7:15AM with a 20points Stop Loss and 60points Profit limit in place.

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

A report of HIGH importance is due out today at 1:30PM GMT+1. Trade with caution prior to 1:30PM. The Market is currently trending sideways. A Market Resistance has formed and a pending BUY order has been placed just above the Market Resistance at 13334.

There are no clear SELL opportunities at the moment.

Wednesday, 28 March 2012

Live-Forex-Day Trading-EUR/USD

This is the 2day 5Min Chart for EUR/USD

The last report of HIGH importance has been announced. A pending SELL order was placed just below the Market Support at 13312. This order was taken at 1:55PM GMT+1 with a 20points Stop Loss and 60points Profit limit in place.

Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

There are a couple of economic reports of HIGH importance due out today. The last report is at 1:30PM GMT+1. The Markets tend to trend sideways prior to the last report of HIGH importance.

The Market is currently trending sideways. A pending SELL order has been placed just below S1 at 13293.

Tuesday, 27 March 2012

Live-Forex-Day-Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending SELL order just below the Market Support at 13342 was taken at 7:30AM with a Stop Loss of 20points and Profit Limit of 60points in place.

Live-Forex-Day-Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Market is currently trending sideways. A Market Support & Resistance has formed. A pending BUY order has been placed just above the Market Resistance at 13369 and a pending SELL order just below the Market Support at 13342.

Monday, 26 March 2012

Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Market has formed a Double Bottom. A pending SELL order has been placed just below the Double Bottom Market Support at 13220 and a pending BUY order just above R1.

Friday, 23 March 2012

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Profit Target of 60points was reached at 8:30am. No further trading today.

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The Market was initially trending Sideways and formed a Market Resistance and a Market Support. A pending BUY order was placed just above the Market Resistance at 13214 which was taken at 7.20am with a 20points Stop Loss and 60points Profit Limit in place.

The Market has moved halfway (30points) towards the profit target and the Stop Loss has been moved to the opening level in order to protect capital. The profit limit has been left in place.

Thursday, 22 March 2012

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The profit target of 60points was achieved at 8:35am. End of trading for the day!!

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The market has moved halfway (30points) towards the profit target. The Stop Loss has been moved to the opening level in order to protect the capital. The profit limit has been left in place.

Forex-Day Trading-EUR/USD

This is the 2day 5Min Chart for EUR/USD

The pending SELL order just below the Market Support at 13213 was taken at 8:05am with a 20points Stop Loss and 60points Profit Limit in place.

Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The market is currently trending sideways. A pending SELL order has been placed just below the Market Support at 13213 and a pending BUY order just above R1 at 13276.

Wednesday, 21 March 2012

Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending SELL order just below the Pivot Point at 13220 was taken at 12:20pm with a 20points Stop Loss and 60points Profit limit in place. This is the 2nd trade of the day.

Live-Forex-Day Trading-EUR/USD

This is a 2Day 5Min Chart for EUR/USD

The Stop Loss for the 1st trade of the day was taken at 11:05am with a loss of 20points. A pending SELL order has been placed just below the Pivot Point at 13220. The are no Clear BUY opportunities at the moment.

Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

A pending BUY order was placed just above R1 at 13271. The order was taken at 8.20am GMT with a Stop Loss of 20points and Profit Limit of 60points in place.

Tuesday, 20 March 2012

Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending BUY order just above the MA50 at 13198 was taken at 1.10PM with a 20points Stop Loss and 60points Profit Limit in place for the 2nd Trade of today.

The Stop Loss of the 1st trade was taken at 1.50pm with no loss. At the same time, the Market moved halfway towards the profit target for the 2nd trade and the Stop loss was moved to the opening level in order to protect the capital.