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

Monday, 28 May 2012

EUR/USD Analysis

Bearish candle formed on the daily timeframe Off 12626 support Moving Averages still pointing down and diverged No clear resistance below until 11800's Order to short on break of low STOP: 12603 ENTRY: 12503 LIMIT: 12003 RISK/REWARD: 5/1

EUR/JPY Analysis

The euro continues to slide and there have been opportunities to get on the ride down. The current one is a inside bar formation on the daily timeframe. It is currently with a very strong trend, moving averages are pointing down and diverged. Enter to go short as per below: STOP: 9979 ENTRY: 9936 LIMIT: 9736 RISK/REWARD: 5/1

Thursday, 3 May 2012

GBP/JPY Analysis

Order to go short on break of mother bar candle low: - Bearish candle on daily timeframe - Inside bars, both bearish - Rejection off 130.61 level - Moving averages pointing down STOP: 13026 ENTRY: 12934 LIMIT: 12750 RISK/REWARD: 2/1

Wednesday, 2 May 2012

USD/CAD Analysis

Bearish candle on daily Rejection of 21ema and 8ema Trend down Moving averages still down 4hr chart shows rejection of 9892 area Order to go short on a 50% retrace of daily candle: STOP: 9907 ENTRY: 9874 LIMIT: 9775 RISK/REWARD: 3/1