EURUSD Jan 29th 2008

[FibMaster]

This is a continuation of a prior thread. If you are a studious type and want to read the history, see
here; http://www.traderzine.com/forums/showthread.php?t=370

Current and more exciting updates are posted in this thread, below.

[FibMaster]

Until yesterday I was focused on the bullish opportunities on EURUSD, until Cal (trader in these forums) challenged me to find a short opportunity...

Cal, I'm more focused on the upside since the daily trend is up. If EURUSD can break support (currently at 1.3100 area) then shorting is more attractive.

I've just sent a video update to you and all subscribers about this at http://www.dailyforexcharts.com

So I did just that! I looked at the chart and sent an intraday update to subscribers to alert them to the shorting opportunities below 1.31

Here is the video update (click to watch it) (http://www.dailyforexcharts.com/charts/090128_EURUSD_upd/090128_EURUSD_upd.html)

Wow! Was that ever a great call ! See the chart attached for a current snap-shot. (If you can't see the chart, you need to register on this forum to have access).

EURUSD is trading at 129.40 as I type this, and there is probably more in the move. (Beware 1.30 support can still have influence).

If you want great charts like this in your email, try my DailyForexCharts service for only $9.95 (http://www.dailyforexcharts.com/subscribe.html) . It's probably the best value in the universe, and costs less than what you lost on your last trade!

(Oh Cal - thanks for pushing me to look at the short opportunities.)

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