15 min chart

Looks like 3730 area acted as a consolidation area as mentioned on Sunday, so far no short squeeze yet but I,m guessing stops could build behind line if it keeps getting tested in a range at moment . S2 for week looks like good support but would be third visit so must have weakened on last visit . All the best for week Dave .Remember Any Thing Can Happen At Any Time, Mark Douglas quote .

daily chart 12 sep

S2 held on first attempt I,ve added a new fib level after watching, 50 pips webinar good luck and tight stops Dave.

30 min update 25 Aug

A well defined triangle forming on a 30 min time frame, a break either side should turn into good support or resistance 4517 should produce a stall 4258 good support .Will it take Bernanke too break deadlock or will bears blink, or bulls blink ,50/50 at moment my 10,cent,s worth Dave good luck and tight stops.

15 min update 23 Aug

Three prices I,m looking at 4437 possible consolidation ,4308 Hockey Stick ,break of range last trapped. Very close to R1 for week big 61%fib level 4517

12 hr chart

61%fib level holds euro testing top of range I'm looking for a short in next few hours or so ,try ed one for be so far, still looking Dave

30 min update 9 Aug

Strong bounce off S1 for week at 50 %fib back from hi of week to low, Chanel starting to form ?

1hr chart 29 July

back at S1 + 38 fib level euro under pressure possible fail of S1 today news dominating markets Good luck Dave

4hr chart new fib levels

new fib levels at S1 for week

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.

15 min update July 25

38 fib last move up consolidating at 4322 area R1 still holding price entering range

4hr chart 20 July

looking at R1 for week with 61% fib just above at 4295 long tails on candles I am looking for pullback in this area Dave,

1hr update 18 July

Euro under pressure at start of week 61 % fib at 4006 euro bond spreads widening. S2 at 3986 area,Good vol here last week, break higher after consolidation last week

I will be looking at this area to see if it holds today ,Dave

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

weekly update

weekly fib levels 50% just below, in a short at moment from 4063, fingers crossed S3 is taken out, stop at break even, went long at S2 earlier lost some pips ,will have to see what Asian market does I don,t normally leave trades on past end of day will give the last lot a chance Dave

is this a daily bull flag ??

Is this a daily bull flag ?? longer tails on bottom of triangle

1hr update 8July

NFP today should be wild afternoon ,the 61% fib with the long tail on 1hr candle acted as good resistance from yesterdays update, bulls looking to hold the 4230 area, I mentioned this area on the week ahead I am always looking for long tails hi or low, yesterday was very hard to trade this area as Trichet was speaking but that's trading anyway good luck and tight stops Dave

1 hr update 7July

I,m looking at this area closely to see if it holds ,

4hr update 6July

Hello traders S1 held on first attempt yesterday ,then Portuagal was downgraded and fell quickly at S2 now bears in charge, bonds rising across the board in euro land

4hr update 5 July

Sunday night stops were run just after market open at midnight then settled back in zone ., Monday being Independence day left market pretty flat, hope everyone had a good holiday ,Euro sitting just above S1 at moment ,good luck and tight stops Dave

1hr update July 1

Will the euro gains extent from here ?, the euro has come a long way this week it,s Friday and anything can happen, Possible profit taking before market closes for week end, the 4550 held to the pip on first visit back as mentioned yesterday on the update ,I will be looking at 4550 to see if this turns to the high for week and the 4425 as this was break higher ,I have moved the fib and the 61 % fib comes in at 4423 , I took a long at 4466 last night at 1 o'clock on a hockey stick pattern , one of my favourites, but trading desk froze and didn't take the order .

I will post a set of charts to show this entry in a blog soon, Good luck and tight stops Dave.