Tuesday, 28 August 2012

EUR/JPY Analysis

The level which rejected last time at 9828 is still holding and there is another false break today along with a pinbar candle. 8ema also rejected again Order to go long: STOP: 9823 ENTRY: 9890 LIMIT: 10091 RISK/REWARD: 3/1

GBP/USD Analysis

Pinbar candle developed on the daily timeframe With the trend Pinbar candle developed on a pullback Rejection of 15770 horizontal level Rejection of 8ema Moving averages diverging ORDER to go LONG: STOP: 15746 ENTRY: 15793 LIMIT: 15958 RISK/REWARD: 3.5/1

Monday, 27 August 2012

EUR/JPY Analysis

Inside bars on the daily timeframe with a false break below the mother bar Current trend up on daily timeframe Rejection of 8ema MA's crossed up 9822 support holds Have entered long at 9855 STOP: 9790 LIMIT: 10050 RISK/REWARD: 3/1

Wednesday, 22 August 2012

AUD/USD Analysis

Pinbar candle formed on daily timeframe Inside bars (ideal to break 10527 but risk reward would be too low) Moving averages still crossed up Rejected 10446 support 4 times Rejected 21ema 4 times With trend Order to go long: STOP: 10405 ENTRY: 10463 LIMIT: 10637 RISK/REWARD: 3/1

Thursday, 2 August 2012

CHF/JPY Analysis

Bearish pinbar candle on daily Rejection 21ema Rejection 8059 level Trend down Moving averages crossed down False break of previous 3 days inside bars Order to go short: STOP: 8062 ENTRY: 7979 LIMIT: 7813 RISK/REWARD: 2/1

EUR/USD Analysis

Large pinbar candle on daily Rejection of 21 ema and 12335 level With trend - down Moving averages still crossed lower 4 hour timeframe still supports 12335 level Weekly still bearish Order to go short on a 50% retrace: STOP: 12378 ENTRY: 12252 LIMIT: 12063 RISK/REWARD: 1.5/1