Wednesday, 26 September 2012

EUR/CAD Analysis

Bullish pinbar on daily timeframe Rejection of 8ema Moving Averages still diverged and pointing up Trend still up Pinbar candle on pullback Order as per below: STOP: 12601 ENTRY: 12655 (38.2 retrace) LIMIT: 12790 RISK/REWARD: 2.5/1

Wednesday, 19 September 2012

AUD/USD Analysis

2 bullish candles formed on daily timeframe Off 21ema 10446 support holding Trend up Moving averages still crossed up STOP: 10411 ENTRY: 10465 - 38.2 retrace LIMIT: 10600 RISK/REWARD: 2.5/1

Tuesday, 18 September 2012

AUD/JPY Analysis

Bullish candle on the daily timeframe Rejection of 8ema and 8222 horizontal level Pinbar candle on a pullback With the trend Moving averages pointing up and crossed 4hour chart shows a bullish pin Order to go long as per below: STOP: 8171 ENTRY: 8213 LIMIT: 8339 RISK/REWARD: 3/1

Thursday, 13 September 2012

CHF/JPY Analysis

Pinbar candle formed on daily timeframe Off 8231 support Off 8 and 21ema With trend Moving averages pointing up Swing points not broken Order to go long: STOP: 8198 ENTRY: 8268 (38.2 retrace of daily candle and at 8ema) LIMIT: 8408 RISK/REWARD: 2/1

Thursday, 6 September 2012

EUR/JPY Analysis

Going back to the EUR/JPY order i placed yesterday, as per below chart, theres a nice break upwards. You can also add a bit of elliott wave here, C wave up?

USD/CHF Analysis

Pinbar candle formed on daily timeframe Rejection of 8ema on downtrend several times Trend down moving averages crossed down and still diverging 9616 area holding Order on a 50% retrace of todays candle STOP: 9603 ENTRY: 9556 LIMIT: 9425 RISK/REWARD: 3/1

Wednesday, 5 September 2012

EUR/JPY Analysis

As per the last post i was still looking to enter. A lot of sideways movement still. Looking to go long on the break of the 9901 support to break the range. Order as per below: STOP: 9836 ENTRY: 9908 LIMIT: 10052 RISK/REWARD: 2/1