Igal Stophner's Discussions
SignalTrader.com - EUR/USD Daily Outlook, Apr 13, 2011
Technical Overview: Our trading idea from yesterday was accurate and provided the ones who followed it with more than 100 pips.The technical picture for today is mixed. On the daily chart the pair…Continue
Started Apr 13, 2011
SignalTrader.com - EUR/USD Daily Outlook, Apr 11, 2011
Technical Overview: EUR/USD technical analysis picture is mixed. After a huge rally last week, the pair is hovering around 1.445. Looking at the Daily chart we can see that the pair's price is still…Continue
Started Apr 11, 2011
Signal Trader.com - EUR/USD Daily Outlook, Mar 31, 2011
Technical Overview: As we predicted, yesterday provided a great long opportunity on EUR/USD. Our levels to enter long positions were accurate and provided us with more than 100 pips for each…Continue
Started Mar 31, 2011
Signal Trader - EUR/USD Daily Outlook, Mar 9, 2011
Technical Overview:Looking at the Daily chart, EUR/USD downward momentum has stopped on the critical support area of 1.385-1.386.Trading Idea: Best levels to enter LONG positions are between 1.385…Continue
Started Mar 9, 2011
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Igal Stophner posted a discussionSignalTrader.com - EUR/USD Daily Outlook, Apr 13, 2011
Technical Overview: Our trading idea from yesterday was accurate and provided the ones who followed it with more than 100 pips.The technical picture for today is mixed. On the daily chart the pair continues to move between the bands of the upward channel. Some technical indicators are at overbought levels.Yet, on the 30-minute chart we recognize a good opportunity for a significant short term rally.The middle blue band becomes a major support after successfully blocking the 3 latest bearish…See More
Igal Stophner posted a blog postSignalTrader.com - EUR/USD Daily Outlook, Apr 7, 2011
Technical Overview: EUR/USD rally continued and accelerated yesterday, surpassing our target of 1.431, in which we cleared our long positions. The bears finally succeeded in blocking the rally at 1.435. You can see this battle and victory of the bears clearly on the 30-minute chart (the red band). At the current levels our short term bias is neutral. Ahead of the ECB rate decision, in which the European central bank is expected to announce on its first rate hike for more than 2 years, the pair…See More
Igal Stophner posted a discussionSignalTrader.com - EUR/USD Daily Outlook, Apr 11, 2011
Technical Overview: EUR/USD technical analysis picture is mixed. After a huge rally last week, the pair is hovering around 1.445. Looking at the Daily chart we can see that the pair's price is still moving between the bands of the upward channel. Yet, the RSI indicates overbought levels. Looking at the 30-minute chart, the picture is bullish. The pair rally was blocked at the top red band, and now it is consolidating around the middle blue band. In addition, MACD is signaling an opportunity for…See More
Igal Stophner posted a blog postSignal Trader - EUR/USD Daily Outlook, Apr 6, 2011
Technical Overview: Yesterday, we marked the area between 1.417 and 1.419 as a good area to enter long positions. There was a massive attempt yesterday by the bears, which was blocked at around 1.415, far enough from our stop loss. The bulls won that battle and the price soared toward 1.428. We are closing half of our long positions at the current level of 1.427. The target for the second half is at around 1.431. Stop loss for the rest of the position is placed at 1.424 to secure profits. The…See More
Igal Stophner posted a blog postSignalTrader.com - EUR/USD Daily Outlook, Mar 30, 2011
Technical Overview:Yesterday, the bullish momentum was blocked at 1.415. The pair was hovering around 1.41 and eventually dropped 50 pips to find support at the lower band of the channel.From the technical aspect – we see a good long opportunity at these price levels.First, the lower band of the channel succeeded in blocking latest downward moves.The pair found its immediate support on it at the end of the Asian session earlier today.In addition, 1.404 was March 7 and 4-month high and therefore…See More
Igal Stophner posted a discussionSignal Trader.com - EUR/USD Daily Outlook, Mar 31, 2011
Technical Overview: As we predicted, yesterday provided a great long opportunity on EUR/USD. Our levels to enter long positions were accurate and provided us with more than 100 pips for each position. The trend remains bullish. We are clearing part of the position at the current level of 1.4185, as it is very close to our first target of 1.42-1421. The stop loss for the remaining positions was moved up to 1.4115.Looking at the Daily chart, the pair continues to move between the bands of the…See More
Igal Stophner posted a blog postSignalTrader.com - EUR/USD Daily Outlook, Mar 29, 2011
Technical Overview: As we predicted yesterday, the downward momentum was blocked at the lower band of the channel and EUR/USD rebounded more than 100 pips since yesterday's low. We are still in long positions, which were opened yesterday at 1.404-1.405. Stop loss for these positions are at 1.408. Short term bias is Bullish.Looking at the Daily chart – the stochastic oscillator indicates that the upward trend has just started to gain momentum and it is in a classic pattern for further…See More
Igal Stophner posted a blog postSignalTrader.com - EUR/USD Daily Outlook, Mar 28, 2011
Technical Overview: During the Asian session, EUR/USD touched the lower band of the upward channel and bounced back toward 1.4075.Although the short term downward momentum is still alive, we are very cautious with taking short positions.The lower band of the channel, as well as the 1.403-1.404 support area, are inviting us to take a short term long positions, with a tight stop. However, we will wait for a pull back before entering such a position. Only a break below 1.401 will be a short signal…See More
Igal Stophner posted a blog postSignal Trader - EUR/USD Daily Outlook, Mar 24, 2011
Technical Overview: As we predicted yesterday, the downward momentum continued and accelerated. EUR/USD rebound attempts were blocked exactly at the resistance area we mentioned of 1.4215. Once again, the RSI 70 level blocked the bullish momentum and after hovering around 1.42 the pair lost 150 pips. The pair is very close now to the next support of 1.404-1.405. Therefore, we just took profits at 1.4055 and we are waiting for either breaking below 1.402 to return to short position or a break…See More
Igal Stophner posted a blog postSignal Trader - EUR/USD Daily Outlook, Mar 10, 2011
Technical Overview: As we predicted yesterday, the short term long at 1.385 with the target of 1.391-1.393 was just accurate. A nice move of between 50 and 60 pips.This morning, toward the end of the Asian session, the pair broke the crucial support at 1.385. Therefore, we are now looking only for SHORT positions.Looking at the Daily chart, EUR/USD short term downward momentum has accelerated and the immediate target is 1.378 – the lower band of the equidistant channel.The second target is at…See More
Igal Stophner posted a discussionSignal Trader - EUR/USD Daily Outlook, Mar 9, 2011
Technical Overview:Looking at the Daily chart, EUR/USD downward momentum has stopped on the critical support area of 1.385-1.386.Trading Idea: Best levels to enter LONG positions are between 1.385 and 1.387.Target is between 1.391 and 1.393.A break below 1.385 will be a strong SHORT signal.Analysis by Signal Trader – the leading solution for Automated Trading. Autotrade on Forex, Indices and Commodities.RISK WARNING: Trading foreign exchange (“Forex”), Commodity futures, options, CFDs and…See More
Profile Information
- What experience do you have in the FX market ?
- Less then 2 years
- My country of origin
- Cyprus
- My native language
- English
Igal Stophner's Blog
SignalTrader.com - EUR/USD Daily Technical Outlook - Apr 28, 2011
Technical Overview:
EUR/USD set a fresh 5-month high earlier today after the historical press conference of the FOMC yesterday.
From the fundamental point of view we think that the weakness of the USD is about to end. From the technical point of view we can see that the pair is way overbought.
On the Daily chart, the pair successfully reached the top band of the upward channel at 1.4883 before retreating 40 pips to its…
Continue EUR/USD set a fresh 5-month high earlier today after the historical press conference of the FOMC yesterday.
From the fundamental point of view we think that the weakness of the USD is about to end. From the technical point of view we can see that the pair is way overbought.
On the Daily chart, the pair successfully reached the top band of the upward channel at 1.4883 before retreating 40 pips to its…
Posted on April 28, 2011 at 4:22am
SignalTrader.com - EUR/USD Daily Technical Outlook - Apr 26, 2011
Technical Overview:
After setting a new 4-month high on last Thursday, EUR/USD price is moving between 1.45 and 1.46.
The medium term technical outlook is bullish. The short term technical picture is mixed.
On the Daily chart, the pair successfully returned into the upward channel and the moving averages are still arranged in a bullish structure.
On the Hourly chart the pair is hovering around the blue band,…
Continue After setting a new 4-month high on last Thursday, EUR/USD price is moving between 1.45 and 1.46.
The medium term technical outlook is bullish. The short term technical picture is mixed.
On the Daily chart, the pair successfully returned into the upward channel and the moving averages are still arranged in a bullish structure.
On the Hourly chart the pair is hovering around the blue band,…
Posted on April 26, 2011 at 2:44am
SignalTrader.com - EUR/USD Daily Technical Outlook - Apr 20, 2011
Technical Overview:
In the last 2 days, EUR/USD tumbled more than 300 pips just to recover more than half of the loss, gaining more than 200 from the bottom. This technical behavior may signal one of the two: either the bearish short term momentum was a clear first sign of a medium term trend reversal or it was a psychological selloff, providing a good opportunity to go long. Should it is real – then the current rebound of the pair is…
Continue In the last 2 days, EUR/USD tumbled more than 300 pips just to recover more than half of the loss, gaining more than 200 from the bottom. This technical behavior may signal one of the two: either the bearish short term momentum was a clear first sign of a medium term trend reversal or it was a psychological selloff, providing a good opportunity to go long. Should it is real – then the current rebound of the pair is…
Posted on April 20, 2011 at 12:57am
SignalTrader.com - EUR/USD Daily Technical Outlook, Apr 18, 2011
Technical Overview:
EUR/USD started the week with a massive selloff, pushing its price toward the significant support at 1.435, which held the bearish momentum for now. On the daily chart - the pair continues to move between the bands of the upward channel. The bulls came, once again, at the lower band of the channel, pushing the pair price a bit up toward 1.438.
The RSI indicator is no longer at overbought levels.
On the…
Continue EUR/USD started the week with a massive selloff, pushing its price toward the significant support at 1.435, which held the bearish momentum for now. On the daily chart - the pair continues to move between the bands of the upward channel. The bulls came, once again, at the lower band of the channel, pushing the pair price a bit up toward 1.438.
The RSI indicator is no longer at overbought levels.
On the…
Posted on April 18, 2011 at 2:42am
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