Kara Crawford at kara@traderplanet.comadmin@traderplanet.comhttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-ushttp://www.traderplanet.com/commentaries/view/16198-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/16198-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. As is evident, this pair has fallen a lot over the past few days. It did manage to make new highs recently but from that point, it has all been downhill for this pair and yesterday was no different.<br /><br />But an interesting thing to note here is the fact that we can now see a bullish pin bar on this chart for this pair. This pin bar is off a good support and also after a nice move and we can also see that the next 4H bar has broken the top of the bullish pin bar....</p><a href='http://www.traderplanet.com/commentaries/view/16198-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Tue, 11 Aug 2009 01:08:00 +0000http://www.traderplanet.com/commentaries/view/15724-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/15724-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. Just a glance at the chart tells you that this pair has been ranging for the past couple of days. What is scary though is the fact that the range has been so tight. This tells you that a breakout is around the corner and if and when the breakout comes, it is going to be fast, quick and nasty.<br /><br />This is a period of consolidation and the best thing to do during this consolidation is to have patience and wait for the price to reach a support or a resistance and ...</p><a href='http://www.traderplanet.com/commentaries/view/15724-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Thu, 06 Aug 2009 02:45:00 +0000http://www.traderplanet.com/commentaries/view/15573-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/15573-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. This is an interesting chart which shows consolidation. Does this consolidation point to accumulation or distribution? Only time will tell. This pair did not move much for the whole of yesterday which was to be expected after the breakout on the day before. Right now, this pair is ranging with a small range and between 1.4380 and 1.4440.<br /><br />The above range needs to be broken for us to take a specific direction. If possible, we have to try to trade this range o...</p><a href='http://www.traderplanet.com/commentaries/view/15573-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Wed, 05 Aug 2009 02:31:00 +0000http://www.traderplanet.com/commentaries/view/10369-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10369-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. This pair, along with other associated pairs, finally had a breakout after so much of ranging over the past many many weeks. The fact that this breakout has come after so many weeks of ranging shows that this pair could go up even further in the short term.<br /><br />The most surprising thing about yesterdays move has been that the moves have come without even a semblance of any retrace at all. Normally, big moves are followed by some good retraces to about 50% of th...</p><a href='http://www.traderplanet.com/commentaries/view/10369-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Tue, 04 Aug 2009 01:27:00 +0000http://www.traderplanet.com/commentaries/view/10368-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10368-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. Yesterday, this pair had a lot of ranging and the range was very tight as well making it very difficult to trade. But a curious thing happened at the start of the US session. There was a very quick dip and then the price came right back up within the hour.<br /><br />Knowing that the overall trend was up, this was a very clear indication that this pair was going up. The big boys pushed the price down to make small panicky traders to sell off whatever they had in this ...</p><a href='http://www.traderplanet.com/commentaries/view/10368-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Fri, 31 Jul 2009 01:22:00 +0000http://www.traderplanet.com/commentaries/view/10367-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10367-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. Yesterday, this pair had a huge fall which shows that the ranging which we saw in the high 1.42s was distribution rather than anything else. As can be seen from the chart, this pair moved down a lot and has moved down through several strong supports and has now bounced off support at around 1.40.<br /><br />Now this presents a very tricky situation for us as it has become difficult to predict the direction. The normal assumption would be that this pair would continue ...</p><a href='http://www.traderplanet.com/commentaries/view/10367-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Thu, 30 Jul 2009 01:17:00 +0000http://www.traderplanet.com/commentaries/view/10366-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10366-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. Yesterday, i had mentioned that a lot of pairs were moving in unison and looking to break out of long term resistances and supports. 3-4 hours after writing that article, a curious thing happened. Many pairs did manage a small break through but after a couple of hours they fell back into the range. This can be clearly seen in the attached chart where there is a break through resistance but the close of the bar was again within the range.<br /><br />The same curious th...</p><a href='http://www.traderplanet.com/commentaries/view/10366-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Wed, 29 Jul 2009 01:18:00 +0000http://www.traderplanet.com/commentaries/view/10365-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10365-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. This pair now seems to have got very interesting. The bounces have become higher and higher. This is a very important point to note. Previously, when there were llots of ranging, this pair was bouncing between 1.38 and 1.40. Then , after a few weeks, the bounces happened between 1.4 and 1.42. But lately, we can see that this pair has not gone below 1.4160.<br /><br />All this shows that this pair is having higher bounces and getting ready to break upwards. We can also...</p><a href='http://www.traderplanet.com/commentaries/view/10365-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Tue, 28 Jul 2009 06:04:00 +0000http://www.traderplanet.com/commentaries/view/10364-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10364-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart of EURUSD. This pair continues to have the same old story of ranging, ranging and more ranging, the only difference being that now, for the past week or so, the ranging has been at higher prices and also the range has started to become smaller and smaller.<br /><br />This pair has simply refused to fall much below 1.4150 which shows that there is a lot of underlying strength. It is fascinating to watch this pair range so much though i do understand that this could be a nightmare ...</p><a href='http://www.traderplanet.com/commentaries/view/10364-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Mon, 27 Jul 2009 01:47:00 +0000http://www.traderplanet.com/commentaries/view/10363-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10363-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. This pair has had a very good drop over the past few hours and this throws up an interesting picture now as to the future direction of this pair. So far this week, this pair had appeared highly bullish and it had threatened to finally break out of its big range of 1.38 to 1.42-1.43.<br /><br />In fact, it had refused to fall down and had started to break through several resistances which showed that this pair was being highly bullish and led everyone to believe that w...</p><a href='http://www.traderplanet.com/commentaries/view/10363-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Fri, 24 Jul 2009 00:58:00 +0000http://www.traderplanet.com/commentaries/view/10362-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10362-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart. This chart clearly shows how this pair has been caught in a very tight range for the past couple of days. In fact, this pair has moved about 20 pips in the past 2 hrs !! As was predicted yesterday, this pair has been tightly ranging so far.<br /><br />A very important thing to note here is the fact that this pair has refused to fall even after a couple of days which is different from the scenario that existed the last few times when it reached this price. In fact, everything loo...</p><a href='http://www.traderplanet.com/commentaries/view/10362-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Thu, 23 Jul 2009 03:32:00 +0000http://www.traderplanet.com/commentaries/view/10361-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10361-daily_outlook_for_eurusd<p><br /><br />Attached is the 4H chart for EURUSD. As was expected, this pair has broken through some major resistances over the last couple of days and is now taking some rest. It has had some minor retracement yesterday and it is now taking some rest contemplating the next direction.<br /><br />This pair has indeed broken through the same major resistances sometime back as well. The major difference between then and now is the fact that this break has been followed by a slowdown and a small retracement only whereas ...</p><a href='http://www.traderplanet.com/commentaries/view/10361-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Wed, 22 Jul 2009 01:45:00 +0000http://www.traderplanet.com/commentaries/view/10360-take_those_losseshttp://www.traderplanet.com/commentaries/view/10360-take_those_losses<p>One of the toughest thing to do for any trader, novice or professional is to accept losses and take the losses. Lot of the time, we have this tendency to hang on to the losses that somehow, just somehow, things would turn around and we can then get out at break even. And to further add fuel to the fire, occasionally, we find that after holding even after huge losses, sometimes the trade turns around and it comes back to our price and helps us get out at break even. Or most of the time, what h...</p><a href='http://www.traderplanet.com/commentaries/view/10360-take_those_losses'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Tue, 21 Jul 2009 04:54:00 +0000http://www.traderplanet.com/commentaries/view/10359-need_help_with_datahttp://www.traderplanet.com/commentaries/view/10359-need_help_with_data<p>As you all might be knowing, we are in the process of automating our system for various pairs. For this, we need forex historical End Of Day Data. So, if anyone has lot of forex data or can let us know where we can find lot of forex data , please do let us know. Your help would be greatly appreciated and would also go a long way in making our system a great success as it is proving to be. Please email me at kartram.77@gmail.com</p><div class="blogger-post-footer">5144323382458761117-5374854756292904921?l=ns-karthik.blogspot.com<br /></div><a href='http://www.traderplanet.com/commentaries/view/10359-need_help_with_data'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Mon, 20 Jul 2009 01:47:00 +0000http://www.traderplanet.com/commentaries/view/10358-daily_outlook_for_eurusdhttp://www.traderplanet.com/commentaries/view/10358-daily_outlook_for_eurusd<p><br /><br />The EURUSD pair is entering crucial territory now. It has been showing some very good strength over the last week and it now threatens a breakout from its long time range of 1.38 to 1.42. Attached is the 4H chart for EU where the strength of this pair over the last few bars is obvious for everyone to see.<br /><br />This pair has refused to fall down over the last few days and has since been moving higher and higher. For now, you can see that the last bar has broken a major resistance at 1.4160. But , in...</p><a href='http://www.traderplanet.com/commentaries/view/10358-daily_outlook_for_eurusd'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Mon, 20 Jul 2009 01:38:00 +0000