A blog that combines philosophy, psychology and technical analysis in regards to Forex trading
Tuesday, November 23, 2010
EURUSD—update
The low so far is now 1.3438. I took partial profits at +195 pips and I'd expect a bounce here. The extent of any bounce will be a clue as to what the near-term future holds.
My name is Dianne Fecteau. I'm a recovered fundamental investor, having invested in stocks since I was a teenager. I now trade using technical analysis, mostly in the Forex market. I have a finance and information technology background and have also completed programs in such mind body programs as the Feldenkrais Method and QiGong. I am a Chartered Market Technician, having passed the three exams required to earn the CMT designation from the Market Technician Association. I am discouraged by how much misinformation is out there about trading and how so many "traders" seem to make their living from selling seminars. In this blog I want to show some of the trades I take and tell you why. I hope that it will be instructive and helpful to new and even more experienced traders.
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