Thursday, 17 November 2011

USD/CAD Analysis

Daily timeframe is looking very bullish after breaking the 10266 resistance area

Pinbar candle formed on daily timeframe
Strong trend upwards
several bounces off 8 ema and both emas are pointing up

Order to go long as per below:

STOP: 10194
ENTRY: 10250
LIMIT: 10474

RISK/REWARD: 4/1

Tuesday, 8 November 2011

AUD/USD analysis

Bullish pinbar candles holding up well off 21ema support. Bounced off it 6th day in succession. Todays bar created a inside bar and its with the trend. Order to go long as per below:

STOP: 10268
ENTRY: 10340
LIMIT: 10556

Risk/Reward: 3/1

Thursday, 3 November 2011

AUD/JPY Analysis

Bullish pinbar candle on daily timeframe. Momentum strong, moving averages pointing up. bounce off 8ema and horizontal support. Trend up. Long order as per below:

STOP: 7957
ENTRY: 8075
LIMIT: 8281

RISK/REWARD: 1.75/1

Tuesday, 1 November 2011

AUD/CAD Analysis

Huge bullish pinbar on daily. Off strong support and 21ema. With trend. Long order as below:

STOP: 10418
ENTRY: 10488
LIMIT: 10628

RISK/REWARD: 2/1



Thursday, 27 October 2011

GBP/JPY Analysis

News coming out of a new eurozone bailout had turned everything bullish again for now. Price Action signals are now on the daily timeframe for this pair.

Past 3 days there have been 3 pinbar candles, all bullish all bouncing off 21ema. Trend is now up. Moving averages pointing up. I think theres a nice risk/reward to be had here so am setting the below order to go long

STOP: 12101
ENTRY: 12180
LIMIT: 12417

Risk/Reward: 3/1

Wednesday, 26 October 2011

GBP/USD Analysis

Pin bar candle off support on the daily timeframe has given a good bullish price action setup. Bounce off 8ema and support at 15903 which was twice before previous resistance. Moving averages up with strong momentum. Trend up.

Have gone long as per below:

STOP: 15879
ENTRY: 15970.2
LIMIT: 16152

Risk/Reward: 2/1

AUD/JPY Analysis

Daily timeframe showing bullish price action signals

Pinbar candle again reject 8ema.
Trend now up
Moving averages show growing momentum
Bounce off support holding.

Long order as per below:

STOP: 7830
ENTRY: 7889
LIMIT: 8125

Risk/Reward: 4/1