Wednesday, 24 October 2012

EUR/CAD Analysis

Large pinbar candle on the daily timeframe Rejection of 8ema Rejection of strong 12801 area Trend up Trading range broken Moving averages still crossed and pointing up Order to go long: STOP: 12796 ENTRY: 12851 LIMIT: 12988 RISK/REWARD: 2.5/1

Thursday, 11 October 2012

EUR/AUD Analysis

Nice pinbar candle developed ont he daily timeframe off 21ema off 12527 support Trend is up swing points in tact order to go long as per below: STOP: 12499 ENTRY: 12554 LIMIT: 12774 RISK/REWARD: 4/1

Wednesday, 10 October 2012

GBP/JPY Analysis

Inside bar setup below previous support which is now resistance Trend now down Moving averages crossed down Looking to enter after break of mother bar candle Order to short: STOP: 12547 (61.8 of mother candle) ENTRY: 12486 LIMIT: 12368 RISK/REWARD: 2/1

NZD/USD Analysis

Bearish pinbar candles have been developing the past few days. Best one was yesterday but missed it. Looking to enter on a retrace if it happens - Trend turned down - Bearish pinbar candles - Moving averages crossed down - Rejection off 8178 area Order to go short: STOP: 8242 ENTRY: 8186 LIMIT: 8077 RISK/REWARD: 2/1

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