Thursday, 17 November 2011

USD/CAD Analysis

Daily timeframe is looking very bullish after breaking the 10266 resistance area

Pinbar candle formed on daily timeframe
Strong trend upwards
several bounces off 8 ema and both emas are pointing up

Order to go long as per below:

STOP: 10194
ENTRY: 10250
LIMIT: 10474

RISK/REWARD: 4/1

Tuesday, 8 November 2011

AUD/USD analysis

Bullish pinbar candles holding up well off 21ema support. Bounced off it 6th day in succession. Todays bar created a inside bar and its with the trend. Order to go long as per below:

STOP: 10268
ENTRY: 10340
LIMIT: 10556

Risk/Reward: 3/1

Thursday, 3 November 2011

AUD/JPY Analysis

Bullish pinbar candle on daily timeframe. Momentum strong, moving averages pointing up. bounce off 8ema and horizontal support. Trend up. Long order as per below:

STOP: 7957
ENTRY: 8075
LIMIT: 8281

RISK/REWARD: 1.75/1

Tuesday, 1 November 2011

AUD/CAD Analysis

Huge bullish pinbar on daily. Off strong support and 21ema. With trend. Long order as below:

STOP: 10418
ENTRY: 10488
LIMIT: 10628

RISK/REWARD: 2/1