Tuesday, 28 February 2012

USD/CHF Analysis

Inside candle bars developed on the daily timeframe. Moving averages pointing in direction of trend, down. On the weekly timeframe, no support until low 8600s. Order to short on break of the low of the mother candle.

STOP: 9015
ENTRY: 8925
LIMIT: 8655

RISK/REWARD: 3/1

Monday, 27 February 2012

NZD/USD Analysis

Bullish formed candle on daily timeframe
Bounce off 8ema and support
Moving averages pointing up

Order to go long as per below:

STOP: 8315
ENTRY: 8368
LIMIT: 8580

RISK/REWARD: 4/1

Thursday, 16 February 2012

NZD/USD Analysis

Bullish candle forms on the daily timeframe

- With trend
- 21ema support holds
- 8237 support holds
- Looking to enter long on a 50% retrace

STOP: 8237
ENTRY: 8291
LIMIT: 8453

RISK/REWARD: 3/1

Tuesday, 14 February 2012

GBP/JPY Analysis

Strong move up on the daily timeframe.

- Big bullish candle
- Moving averages pointing up
- Trend up

Looking to go long on a 50% retrace of the daily candle.

Order set as below:

STOP: 12160
ENTRY: 12240
LIMIT: 12440

RISK/REWARD: 3/1

Monday, 6 February 2012

AUD/CAD Analysis

We're above resistance on the daily timeframe and the sky is clear

- Pinbar candle on Daily
- Bouncing off 8ema
- 4hour chart shows a 50% retrace off the 30th Jan lows
- Trend up
- Moving Averages pointing up

Have gone long already

STOP: 10647
ENTRY: 10680.7
LIMIT: 10880.7

RISK/REWARD: 6/1


Sunday, 5 February 2012

GBP/USD Analysis

A succession of inside bars normally leads to a break out and thats what we have here on the daily timeframe.

- Inside bars
- Moving averages pointing up
- 8ema holding very well
- Trend clearly up
- Waiting for Mother bar candlestick to break and we'll be above resistance.

Order to go LONG as per below:

STOP: 15773
ENTRY: 15885
LIMIT: 16109

RISK/REWARD: 2/1