Wednesday, 20 June 2012

USD/CAD Analysis

Bearish candle on daily timeframe With trend Moving avergaes crossed and pointing down Support held at 10212 Bearish candles also on 4hr timeframe Order to short: STOP: 10236 ENTRY: 10194 LIMIT: 10026 RISK/REWARD: 3/1

Thursday, 7 June 2012

USD/CAD Analysis

Large pinbar on the daily timeframe - Bounce off 21ema - 10266 support holds - Trend up - Swing point and short term support at 10212 holds Order to go long as per below: STOP: 10203 ENTRY: 10252 LIMIT: 10381 RISK/REWARD: 3/1

Wednesday, 6 June 2012

EUR/GBP Analysis

Bullish candle on the daily timeframe Trend turned up Moving averages crossed up Support held Order to go LONG: STOP: 8043 ENTRY: 8086 LIMIT: 8215 RISK/REWARD: 3/1

GBP/CHF Analysis

Large bearish candle on daily - Trend down - Moving averages pointing down and crossed over - Support held Order to short on 50% retrace of candle: STOP: 14918 ENTRY: 14843 LIMIT: 14656 RISK/REWARD: 3/1