Author Archives: Shane Burke

Stop Loss @ 114.05

Posted on October 22, 2010 by Shane Burke

Be sure to protect yourself with a stop loss at 114.05. If this level is breached, too much risk exists as a move to 116.50 could be looming. Proceed trading the EUR/YEN with caution this upcoming week.

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Stock Market Correction Imminent!

Posted on October 11, 2010 by Shane Burke

// The stock market is due for a correction and this represents and ideal opportunity to short the EUR/YEN. Short With a Break below the yellow line and look to take profits a few weeks from now within the green … Continue reading →

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Forex Alert

Posted on July 12, 2010 by Shane Burke

Trading blueprint: Eur/yen buying opportunity. Buy between 111.30 – 111.45 with a tight stop at 111.10. Look to take profits in the 111.92 – 112.35 range. For those of you willing to hold through extended periods, reversing in the 112.75 … Continue reading →

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Forex Trading Alert!

Posted on July 1, 2010 by Shane Burke

Trading Blueprint: Be patient with this trade, the current pattern does not indicate a sell-off at the Asian open therefore one last push higher needs to take place which should bring the pair to the 50% retracement level residing in … Continue reading →

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Forex Alert! Tuesday 6/29 EUR/YEN Buying Opportunity

Posted on June 30, 2010 by Shane Burke

Forex Trading Blueprint: Buy the EUR/YEN in the 107.50′s as this chart needs to establish a double bottom. Look to take profits in the 108.40′s prior to the London open. Stop loss at 107.29. DO NOT CHASE THIS TRADE! Buying … Continue reading →

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Live Trading Opportunity For 6/28/2010 – EUR/YEN SHORT!

Posted on June 30, 2010 by Shane Burke

Trading Blueprint: Short the EUR/YEN with a break below 109.50, exit the trade prior to London Open at 2:00am est. Could see a drop to 108 in Asian trading hours but there is an outside chance of a meltdown below … Continue reading →

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