{"id":15394,"date":"2010-11-15T07:46:49","date_gmt":"2010-11-15T12:46:49","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15394"},"modified":"2010-11-15T07:46:49","modified_gmt":"2010-11-15T12:46:49","slug":"forex-training-and-analysis-for-the-week-ahead-14-11-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/15\/forex-training-and-analysis-for-the-week-ahead-14-11-2010\/","title":{"rendered":"Forex Training and Analysis for the Week Ahead – 14-11-2010"},"content":{"rendered":"

Analysis of Weekly Charts<\/strong><\/p>\n

Due to the weekend rumour machine working over time re: the Irish Government’s money worries with the Euro, it is quite possible that there could be big gaps at the market open for all Euro related pairs. If it gaps below 1.3510 I will leave it alone and wait for the dust to settle during the London session.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Gbp\/$<\/td>\n\n

I am looking for a pullback to 1.6010 with a view to a long.\u00a0Stop @ 1.5945 target 1.6195<\/p>\n

I will do my usual method of taking 50% profit at 1.6100, stop to entry and balance to run, overall target 1.6200.<\/p>\n

Half stake short 1.6225 stop at 1.6315 Target 1.6010, stop to entry after 100 pips and profit taking along the way.<\/p>\n<\/td>\n<\/tr>\n

Euro\/$<\/td>\nWhichever order (this or chf\/$) fires first, cancel the other order. I said last week that: Last year the Euro tanked around this time. The Euro woes have not gone away & Irish problems could resurface this week. Even though price has closed above 1-4000 I have a \u201cgut feeling\u201d that this may fall down .\u00a0It fell 500 pips!<\/p>\n

Weekly the areas to consider for me are:\u00a0Looking to short at 1.3990, stop at 1.4120 target 1.3655<\/p>\n

Half stake Long at 1.3510 stop at 1.3435\u00a0 Target 1.3810 This is riskier than I like BUT there are fibs, lots of emas support & resistance in there, so could hold. If it breaks this area then I will look for shorts during the week, a break and close below & then a pullback.<\/p>\n<\/td>\n<\/tr>\n

Chf\/$<\/td>\nI am only interested to short. 0.9990 is the area for me with my stop at 1.0075 & my initial target at 0.9855. I will scale out there & leave some balance to run, hoping to catch a bigger move to 0.9600 and below.\u00a0There is a counter trend opportunity to long at 0.9610 area (but not for me).<\/td>\n<\/tr>\n
$\/Yen<\/td>\nOnly interested in shorting\u00a0but it looks bullish at the moment! So I will halve my stake to 0.5%: Main area is 82.90 Stop at 84.20, stop to entry at 82.10 balance to run. Target 81.10<\/td>\n<\/tr>\n
Aud\/$<\/td>\nKeep watching gold for clues, it pulled back last week.\u00a0Price broke back down through 1.000 last week.I will be looking to short (half stake) at 0.9990 with my stop at 1.0175 target 0.9710<\/p>\n

long at 0.9660 stop at 0.9585 Target 0.9990<\/p>\n<\/td>\n<\/tr>\n

Aud\/jpy<\/td>\nLong 80.10 Stop 79.40 Target 81.9584.20 short 78.6 fib and weekly 200 where I will put my stop above 85.00<\/td>\n<\/tr>\n
Euro\/Gbp<\/td>\nOnly interested to shorts. Order to Short at 0.8590 stop 0.8655 and target 0.8310.<\/td>\n<\/tr>\n
Euro\/Yen<\/td>\nLeaving this week due to correlation issues<\/td>\n<\/tr>\n
Cad<\/td>\nOnly looking to short. Weekly 1.0200 Stop at 1.0275 target 1.0035<\/p>\n

Counter trenders will look to long (not for me) at 1.000 area.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

To View The Video Full Screen, click on the \u201cbox\u201d bottom right hand corner of the screen.<\/p>\n

\n

Good luck with your trading this week.<\/p>\n

http:\/\/forex-fxtrader.com<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysis of Weekly Charts Due to the weekend rumour machine working over time re: the Irish Government’s money worries with the Euro, it is quite possible that there could be big gaps at the market open for all Euro related pairs. If it gaps below 1.3510 I will leave it alone and wait for the … <\/p>\n

Continue reading “Forex Training and Analysis for the Week Ahead – 14-11-2010”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15394","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15394"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15394\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}