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

Tuesday, July 12, 2011

Daily update

follow up from weekly chart posted yesterday the one figure I will look at is the 3760 first time back from a big run up, took 200 pips from short trade yesterday, 4063 I got very lucky nearly stopped for a break even trade 3 pips away from entry ,and locked 200 pips 5 mins before big move up at 8.55 even a blind squirrel gets lucky every now and then ,Fundamentals in control at moment technicals very hard, all the best Dave

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