TopGunForex

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About me Currency Trader
Joined USA TopGunForex1
Markets Allocation
82 % forex 18 % other
Top Mentioned Symbols
EURUSD 90% | 10 GBPUSD 9% | 1
TopGunForex TopGunForex EURUSD, 120, Long ,
EURUSD: $EURUSD 2HR CHART
133 0 0
EURUSD, 120 Long
$EURUSD 2HR CHART

As long as $EURUSD remains within the channel with out price-action having a major break-out (200 pips) and the technicals continue to support an upward move, then imo the long trade remains valid.

TopGunForex TopGunForex EURUSD, 120, Long ,
EURUSD: $EURUSD 2HR CHART
128 0 0
EURUSD, 120 Long
$EURUSD 2HR CHART

As long as we don't have a major break out from the channel (200 pips) and the technicals for an upward move remains, imo the reasoning for going long stays valid.

TopGunForex TopGunForex EURUSD, D, Long ,
EURUSD: $EURUSD DAILY CHART
267 0 1
EURUSD, D Long
$EURUSD DAILY CHART

IMO, any small to medium size pull-back would be an entry into a long trade for both $EURUSD and $GBPUSD.

TopGunForex TopGunForex EURUSD, 60, Long ,
EURUSD: $EURUSD 1HR CHART
216 0 1
EURUSD, 60 Long
$EURUSD 1HR CHART

New $EURUSD price-target 1.3338/1.3378. There's nothing as of yet that would suggest Euro is ready to turn-over and reverse this current trend. Today's high of 1.3253 tells me that 1.3289/1.3294 is practically a done deal sometime this wk, so higher we go imo. New price-target 1.3338/1.3378 (look for this move come next wk).

TopGunForex TopGunForex EURUSD, D, Long ,
EURUSD: $EURUSD DAILY CHART
648 0 1
EURUSD, D Long
$EURUSD DAILY CHART

As long as $GBPUSD continues to move up this will help $EURUSD climb to the 1.3289/1.3294 level. If $EURUSD for some (good) reason makes a run for a retest of 1.3415 over the next wk or two, then Euro stands a chance at 1.3705 before markets turn down again.

TopGunForex TopGunForex EURUSD, D, Long ,
EURUSD: $EURUSD DAILY CHART
163 0 0
EURUSD, D Long
$EURUSD DAILY CHART

A break outside the linear regression channel has happen three times with no sub stained break to the downside, at least not yet. It is my opinion that we get a break to the upside for a fourth time then fall back into the channel.

TopGunForex TopGunForex EURUSD, D, Long ,
EURUSD: EURUSD DAILY CHART
415 0 0
EURUSD, D Long
EURUSD DAILY CHART

The tight range for the last couple of days EURO has been in is due to Ben Bernanke speaking before Congress, imo there's no-way a big move will occur, in fact it occurred before his talks began July 10th and EURO will resume normal movement come Friday into next wk.

TopGunForex TopGunForex EURUSD, 60, Long ,
EURUSD: $EURUSD 1HR CHART
110 0 0
EURUSD, 60 Long
$EURUSD 1HR CHART

Price has now broken out side the channel twice signaling a long trade for a break above 1.3131.

TopGunForex TopGunForex EURUSD, 120, Long ,
EURUSD: $EURUSD LOOKS TO HEAD NORTH
154 0 0
EURUSD, 120 Long
$EURUSD LOOKS TO HEAD NORTH

$EURUSD 2hr Chart: Once resistance at 1.3131 is broken there's a strong possibility that $EURUSD will not only hit 1.3294 but could touch 1.3373/1.3415.

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