Trade Idea : Enter long when GU break above resistance or short when GU break support. Enter with SL.
Happy trading.
Thursday, 2 June 2011
GBP/USD Analysis 2011-06-02
GU now quite confusing as there are mixture of trends. Bullish and bearish at different time frame.
Trade Idea : Enter long when GU break above resistance or short when GU break support. Enter with SL.
Happy trading.
Trade Idea : Enter long when GU break above resistance or short when GU break support. Enter with SL.
Happy trading.
Tuesday, 31 May 2011
EUR/JPY Analysis 2011-05-31
EJ continue it bullish trend as it broke the triangle pattern at daily, 4H and 1H chart. This is a classic way of technical analysis which many traders can simply spot the situation.
As we can see the profit at this moment, it's wise to lock some profit.
Trade Idea : No new trade at this moment. Wait for retracement. Take some profit and let the rest ride the wave.
If anyone wants to contribute ideas, you are welcome.
As we can see the profit at this moment, it's wise to lock some profit.
Trade Idea : No new trade at this moment. Wait for retracement. Take some profit and let the rest ride the wave.
If anyone wants to contribute ideas, you are welcome.
GBP/JPY Analysis 2011-05-31
GJ continue bullish at mid term chart (4H & 1H). However, GJ still in neutral position at long term chart. At 1H chart, GJ touched upper channel line and pullback is possible.
Trade Idea : Wait for retracement. Lock for some profit and let the rest ride the wave or just breakeven.
Happy trading.
Trade Idea : Wait for retracement. Lock for some profit and let the rest ride the wave or just breakeven.
Happy trading.
EUR/USD Analysis 2011-05-31
EU already making +137 pips from last week long entry. Believe bullish to continue riding the wave. To those who entered many lots can lock some profit and let the rest continue to make profit or breakeven.
Trade Idea : No new long or short recommended.
Happy trading.
Trade Idea : No new long or short recommended.
Happy trading.
Friday, 27 May 2011
GBP/USD Analysis 2011-05-27
GU possible to retrace before continue bullish at Daily Chart. On 1H chart GU showing bullish strength is getting weak as it moves in triangle.
On 4H chart, GU can be assumed moving in triangle as a new higher low (HL) is yet to be seeing. Thus before GU continue bullish, we might see a new HL.
Trade Idea : Traders may want to take short for mid term profit and put long at higher low for long term profit. We can see the result next week.
Happy weekend.
On 4H chart, GU can be assumed moving in triangle as a new higher low (HL) is yet to be seeing. Thus before GU continue bullish, we might see a new HL.
Trade Idea : Traders may want to take short for mid term profit and put long at higher low for long term profit. We can see the result next week.
Happy weekend.
EUR/JPY Analysis 2011-05-27
Long term still bullish. EJ breakout 1H triangle. Suggest to enter long.
Trade Idea : Enter buy limit with SL.
Happy trading.
Trade Idea : Enter buy limit with SL.
Happy trading.
Thursday, 26 May 2011
GBP/USD Analysis 2011-05-26
GU already made in bullish reversal at Daily time frame (TF). As long term bullish trend still intact, we may see a continuation of bullish trend.
Believe GU will make a pullback before continuing it bullish trend. Refer 1H chart.
Trade Idea : Contrarian traders may want to take some profit by entering short with SL while waiting for entering long at 50% Fibonacci.
Happy trading.
Believe GU will make a pullback before continuing it bullish trend. Refer 1H chart.
Trade Idea : Contrarian traders may want to take some profit by entering short with SL while waiting for entering long at 50% Fibonacci.
Happy trading.
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