EUR/USD Strategies on July 03, 2009

03:05 PM (GMT +7)

TF 30 mnt
EMA 5 already break upward EMA 20 and price action already touch EMA 66. These indicated trend will changed to bullish soon. RSI steady above 50,but resistant already formed as price action failed to hold bullish momentum, and there is reverse patern candle ( two previous candle).I have option to buy EUR/USD today, but I will wait more signal from smaller TF.

TF 15 mnt
This showed a similar pattern with TF 30, but more from TF 30, candle patern shows it will goes up soon. So I will check TF 5 mnt and let see what I can do for EUR/USD










Updatae : 03:25 PM
TF 5 mnt
It's shows me price action try to push 1.3978 but failed indicated by bullish candle that has now forming as a sign that price will goes up. So I decided to buy EUR/USD, I've got at 1.3999, my SL at 1.3769 an my target at 1.4049

* correction: my SL : 13969, sorry wrong type

EUR / USD 03 July 2009

EUR/USD people fail to continue its bullish momentum. This currency can not be in the 1.4176 area, its price down in the 1.3988 and 1.4002 at the close. U.S. currency has been exposed to the risk effect of which is bad from the data is expected by NFP. Tehknikal see if the chat H4, trendline suppot has passed, this case showed indication for further down (bearish).
Failure to survive in the 1.4176 area and trendline support that has been in the skip, will trigger a currency is weakening. Seems to be bias to bearish in the near future will be to test the 1.3850, but also the medium-term trend we can not predict its movements. This is caused by movement eur / usd is still in the area 1.4176 - 1.3750. resistant 1.4050 possibilities in the area.

GBP / USD 03 July 2009

GBP/USD a bearish momentum is strong enough for people. Price up in its closed at 1.6322 and 1.6391. H4 in the chart we can see that after failing to be in the area is the key 1.6660 level that the currency is resistant to the trend back down and go through trendline support.
This visible support would bearish in the near future. but for the middle period is still not clear or is still difficult to predict. bearish bias nearest will test level to 1.6420. if the trigger break should bullish momentum.

summary of trading results July 2009 ( Eur/ USD )

*Day 1, Date : July 02, 2009 : original position sell on market price at 1.4165, TP Hit at 1.4035.Secondary position pending order (buy limit) executed, hard exit at 1.4096 (+6)
Result: Profit : 30 + 6 = 36 pips


*Day 2, Date : July 03, 2009 : Buy on market price at 1.3999, SL Hit at 1.3969
Result: Loss 30 pips


*Day 3, Date : July 08, 2009 : Sell on market price at 1.3909, TP hit at 1.3839
Result: Profit 70 pips



*Day 4, Date : July 09, 2009 : Original position Sell on market price at 1.3985, TP hit at 1.3955
Secondary position Buy Stop at 1.4015 executed target hit at 1.4045

Result: Profit 30 pips + 30 pips = 60 pips


*Day 5, Date : July 10, 2009 : Buy on market price at 1.3920, SL Hit at 1.3930
Result: profit 10 pips



*Day 6, Date : July 13, 2009 : Buy on market price at 1.3953, Target Hit at 1.4003
Result: profit 50 pips


*Day 7, Date : July 14, 2009 : Buy on market price at 1.3978, SL Hit at 1.3948
Result: loss 30 pips


*Day 8, Date : July 15, 2009 :
1.Pending order Limit Buy at 1.4020 not executed and canceled
2.Entry sell by market price at 1.4105 target hit at 1.4060
Result : profit 45 pips


*Day 9, Date : July 16, 2009 :
1.Entry Buy EUR/USD by market price at 1.4081, hard exit at 1.4146 ( profit 65 pips)
2.Entry sell by market price at 1.4130 target hit at 1.4115 (profit 15 pips)
Result : profit 65 + 15 = 80 pips


*Day 10, Date : July 17, 2009 :
1.Original order (pending order)executed, SL hit loss 40 pips
2.Secon Position entry by mrket, SL hit loss 30 puips
Result : loss 40 + 30 = 70 pips


*Day 11, Date : July 20, 2009 :
Sell on market price at 1.4167, SL hit at 1.4207 loss 40 pips
Result : loss 40 pips


*Day 12, Date : July 21, 2009 :
Buy on market price at 1.4208, SL hit at 1.4168 loss 40 pips
Result : loss 40 pips



*Day 13, Date : July 23, 2009 :
Buy on market price at 1.4244, SL hit at 1.4184 loss 50 pips
Result : loss 50 pips



*Day 14, Date : July 27, 2009 :
1.Buy on market price at 1.4216, Target hit at 1.4246 profit 30 pips
2. Second position sell limit executed, SL hit loss 30 pips
Result : Profit 30 pips - 30 pips = 0




*Day 15, Date : July 28, 2009 :
Buy on market price at 1.4187, SL hit at 1.4167 loss 20 pips
Result : loss 20 pips



*Day 16, Date : July 29, 2009 :
Buy on market price at 1.4186, cut loss
Result : loss 160 pips


*Day 17, Date : July 30, 2009 :
1.Sell EUR/USD at 1.4052, SL hit at 1.4170
2.Averaging at July 31,2009 : adding sell at 1.4147, SL hit at 1.4170
Result : loss 118 pips + 23 pips = 141 pips




TOTAL Profit/Loss : 36 pips + (-30 ) pips + 70 pips + 60 pips + 10 pips + 50 pips + ( -30 ) pips + 45 pips + 80 pips + (-70)pips + (-40) pips + (-40) pips + (-50) pips + 0 pips + (-20)pips + (-160)pips + (-141)pips

EUR/USD Strategies on July 02, 2009

01:03 AM (GMT + 7 )

TF 30 mnt
From this chart, I saw bearish patern ( evening star ), tiny resistant formed on 1.4180 and strong one on 1.4202. Bullish power getting weak indicated by EMA 5 wich turn to curve to the bottom. RSI level : 63 , in my opinion will try to break RSI 50.And if it realy happen, I think price action will go down for more, to 1.4147 first ( try to break Parabolic SAR support)and if it could be break surely, will go more to 1.4114 this is my first support. And if it also break will go more to 1.4086 and 1.4045 will komfirm it change the trend to bearish

TF 15 mnt
It is match with TF 30 mt, I'd prefer go short for now. I've already take one short position, sell at : 1.4165, SL 1.4190 and TP at 1.4135. I also set pending order, Buy Limit at 14090 and SL 1.4040 with open target ( I will set it after it's executed)




UPDATE - 01:15 PM (GMT +7)
Now I am minimizing my expectation on EUR / USD because there are some heavy news, both from Euro and USA. I also decided that if on 04.30 PM (GMT +7) order I have not finished, I will canceling it, or if it's already execute I will find the best hard exit, whether if red or green

PS: I'm forgot to set my target, here is it my target : 1.4110. Forgive me for my broken english

UPDATE 2 - 04:48 PM (GMT +7)

My limit executed but seems like to risk let it flow with the market while market waiting for news. So I decided clear it, hard exit +6 green. I'll check latter in US market to make new entry if I could find nice signal.

GBP / USD 01 July 2009

GBP / USD tried to push people to the top, the price is up 1.6741, but for the bullish scenario as it failed, and curency this move down in the 1.6422 and closed at 1.6456. H4 in the time frame we can see cases break out the trick, from the resistant level of 1.6660 and the price now seems ready to test to the trend line support. bias from bearish in the near future will try to support level 1.6530 area but for the medium term it will likely be wary netral.Kita at 1.6540 level, whether the opposition will do or not ..

EUR / USD 01 July 2009

EUR / USD is also trying to ride on the day and where the highest momentum in 1.4149 but failed to increase it, even turn down, which is in the price down close at 1.4001 and 1.4031 from the point of view the medium term, we still have not a moment, and it remains trapped in the area 1.4176 - 1.3750. On the down movement, trendline support that should be on notice that the nearest support is seen at 1.3950, if the break will drive the currency down more this again.

Monster Scalps With AUDJPY

I've been shamelessly scalping the AUDJPY this week (via Oanda). It may
be hard to fathom, at least when you see the numbers, but I'm not
entirely happy with my results.Jun 28: 00.28% NAV+Jun 29: 06.65%
NAV+Jun 30: 11.66% NAV+So far this week, if I can hang onto it, I'm up
over 19% on my trading account.Now, you may be wondering why I'm not
satisfied with my trading. Basically, I've made too

GBP / USD bullish experience

GPB / USD Open 1.6573 at 1.6742 at its High, Low and Close at 1.6430 at 1.6560. GBP / USD where the rise. and reach the bottom at 1.6430 and the start of the crawl increases. In the time frame in the H1 looks bullish for the minor channels, this shows the pressure up, and the possibility to test the area to 1.6750 and 1.6880 in the follow. If detained in this area will provide for the neutral. support in the nearest 1.6475.

The technical level is on resistant
1. 1.6750
2. 1.6880
3. 1.7000

and support are on the level
1. 1.6475
2. 1.6360
3. 1.6235

To this day trading at 1.6665 to the 1.6740 area. Trend tends to increase
Buy 1.6677 Stop Loss at 1.6647 Take profit 1.6727

EUR / USD suggested wait n see

EUR / USD Open 1.4086 High at 1.4131 in, 1.3983 in the Low and close at 1.4077. EUR / USD to rise on Monday. Curency price reaches 1.3983 at its low., From there he began to ascend and closed at 1.4077 on the price. H1 visible on the chart curency this is trying to test again to the down trend line, but still restrained. This causes pressure ketas stronger for the short term with resistant at 1.4160, but its long-term curency is running under that level. In the medium term terlihal not signal a trend for them. May be better to wait further developments.

The resistant tekhnical are on the level:
1 1.4160
2. 1.4275
3. 1.4400

and Support is at:
1. 1.3890
2. 1.3765
3. 1.3645

Buy Stop at 1.4101 with 1.4071 in the lost and Take Profit at 1.4141

Alert: AUDJPY Head And Shoulders?

I've spent most of today scalping the AUDJPY (on the long side).Jumping
up to my 3hr and 4hr charts, as I have two platforms running, I see an
upside down head and shoulders.You may want to take a look at this and
see what you think.