This report was sent to subscribers on 7/29/10 6:00 p.m. Chicago time to be used for trading on 7/30/10. Everything is done by Howard Tyllas, no program or black box.
September Euro
After the close recap on 7/30/10: My pivot acted as resistance and was 130.96, only .02 from the actual high, and my support was 129.77, just .03 from the actual low
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|
132.15 Resistance |
-------------130.96 Pivot |
129.77 Support |
|
|
Trend |
5 day chart ...... ... Up (last week same day) |
Daily chart .........Sideways |
Weekly chart ........Down 136.17 is the 200 day MA |
Monthly chart... Down |
ATR 126 Extremely Overbought 91% |

I still say "Uptrend line is pivotal now." High of May is resistance.
September Euro for 7/30/10:
In my daily numbers on Thursday; my resistance was .05 from the actual high; my pivot acted as support and was .11 from the actual low.
Three main drivers in the FX are economics, earnings, and politics; I will stick with the charts and my numbers.
I will leave the fundamentals to you and stick with the technical's when trading the currencies.
Euro: Spot on numbers! When the numbers are spot on, and this kind of a chart and location, I want to continue to trade without bias and using a stop risking .35 on a trade idea.
September Euro for 7/29/10:
Euro: Spot on support and accurate resistance. I have the same thoughts and using the same numbers as the last 2 days.
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Disclaimer: No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures trading involve risk. In no event should the content of this be construed as an express or implied promise, guarantee or implication by or from Howard Tyllas, that you will profit or that losses can or will be limited in any manner whatsoever. No such promises, guarantees or implications are given. Past results are no indication of future performance.









