July

July Euro's Price Action kinda hard to trade. However, i am quite happy with a 24.44% growth.

Idiot IBFX

I dont know whats wrong with IBFX, the demo server keeps disconnecting since the last month. Really screwed up. ZZZ

Price Action for July 2009

Price developing similar pattern for this month compared to April. We may see more downside to EUR/USD.

Yeah~

This week ended with much profitability in trading EUR/USD, had a bunch of nice pips to sleep with over the weekend. Going to attend the launch of M10- Magic the Gathering, card game on Saturday~!

Fading 1.3746

1.3746 area is crucial support for Euro. This area has a confluence of 38% Fibo and Monthly Pivot Suport. There is a Swing Low in June 16 and Swing High in March 19-23.

I may FADE this area.

Month of July

Month of July started with a bang and some good volatility. An UP day on 1st of July and a DOWN day on 2nd of July.

Lets see what this month's price action has to offer.

If price breaks 1.3920 we will see more downside as this area is 38% Fibo from June 16 low to July 1st high.

If price breaks back above 1.41oo, we may see more upside.