Welcome to fenaghfx

This blog is not for specific trades,but to share my experience and what I have learned over the last few years, Trading involves significant risk and may not be suitable for all investors.

About Me

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I have been trading since 2008 in the fx market, trading mainly eur/usd my approach is technical,using support/ resistance .But always keeping one eye on the news

Thursday, July 28, 2011

1hr chart 28th July

Trend line +50 fib held, now we have a possible head and shoulders forming . looking at a 30 min time frame the right shoulder has a 50 fib back from the top to the last bottom ,one to watch ,all the best Dave.

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