Wednesday, July 01, 2009

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

Tuesday, June 30, 2009

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.


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