Thursday, March 28, 2013

Trades for 28 March 2013

These trades are based on Strategy - 5.
Pending trades are set with an expiry time at 04:00 pm GMT
Total expected pips for today are 237 for 5 pairs. 
I suggest using only 30 pips as Take Profit or maximum 50 pips even though there is a chance of getting more because these pairs can reverse at any time.
I will not trade those pairs with less than 30 pips TP.
Good luck everybody.

28-Mar-13
Currency
Long
TP
SL
Short
TP
SL
Profit (Pip)
EUR/USD
1.2823
1.2865
1.2793
1.2761
1.2719
1.2791
42
GBP/USD
1.5178
1.5216
1.5148
1.5120
1.5082
1.5150
38
GBP/JPY
143.01
143.70
142.71
142.12
141.43
142.42
69
EUR/JPY
120.87
121.53
120.57
120.01
119.35
120.31
66
EUR/GBP
0.8466
0.8488
0.8436
0.8424
0.8402
0.8454
22
Total Expected Pips
237

EUR/USD - 28 March 2013

It looks like bulls are on the way to EUR/USD but still trend is not very clear.
We must wait for the London Session.



Wednesday, March 27, 2013

EUR/USD breakout

Next support level is at 1.2700



EUR/USD

Price is still ranging on EUR/USD (all major pairs & the cross pairs have the same situation).
Hope to see some movements today.



Tuesday, March 26, 2013

EUR/JPY trade for 26 March 2013

These trades are based on Strategy no. 5

Buy Stop - 121.70
Sell Stop - 121.00


EUR/USD Testing Major Support Level

EUR/USD is testing major support level. We need a valid breakout to see further south movement.





Trades for 26 March 2013 - Ashi Strategy

I am back.

I found this interesting setups today on EUR/USD & GBP/USD based on Strategy - 4 (Ashi Strategy)

EUR/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.





GBP/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.


Wednesday, March 13, 2013

Argentina's Jorge Mario Bergoglio elected Pope

Pope Francis, 76, replaces Benedict XVI, who resigned last month at the age of 85, saying he was not strong enough to lead the Church.

Monday, March 11, 2013

Trades for 11 March 2013

I will not be posting (unless I am free) until 25 March 2013.

I am working on a new strategy with 10 pairs. If this works well, we will be profit if the currency moves either way. Trades will expire at 04:00 GMT.
The Risk reward ration is 1:17 & 1:2
As we have 10 pairs to trade I prefer to 0.01 lot size for a 100 dollar account.

Please make sure you will place Buy STOP & Sell STOP orders NOT Buy limit /Sell limit.

11-Mar-13
Currency
Long
TP
SL
Short
TP
SL
Profit (Pip)
EUR/USD
1.3021
1.3041
1.3004
1.2991
1.2971
1.3004
20
GBP/USD
1.4939
1.4959
1.4922
1.4909
1.4889
1.4922
20
GBP/JPY
143.50
143.80
143.28
143.10
142.80
143.28
30
EUR/JPY
125.05
125.35
124.83
124.65
124.35
124.83
30
EUR/GBP
0.8726
0.8746
0.8709
0.8696
0.8676
0.8709
20
USD/JPY
96.20
96.50
95.98
95.80
95.50
95.98
30
AUD/USD
1.0251
1.0271
1.0234
1.0221
1.0201
1.0234
20
NZD/USD
0.8239
0.8259
0.8222
0.8209
0.8189
0.8222
20
USD/CHF
0.9529
0.9549
0.9512
0.9499
0.9479
0.9512
20
USD/CAD
1.0304
1.0324
1.0287
1.0274
1.0254
1.0287
20
Total Expected Pips
230

Friday, March 1, 2013

Trades for 01 March 2013

These trades are based on Strategy - 5.
Pending trades are set with an expiry time at 04:00 pm GMT
Total expected pips for today are 160 for 5 pairs. 
I suggest using only 30 pips as Take Profit or maximum 50 pips even though there is a chance of getting more because these pairs can reverse at any time.
I will not trade those pairs with less than 30 pips TP.
Good luck everybody.


01-Mar
Currency
Long
TP
SL
Short
TP
SL
Profit (Pip)
EUR/USD
1.3090
1.3120
1.3060
1.3040
1.3010
1.3070
30
EUR/JPY
121.30
121.80
121.00
120.60
120.10
120.90
50
GBP/USD
1.5190
1.5210
1.5160
1.5150
1.5130
1.5180
20
GBP/JPY
140.70
141.10
140.40
140.10
139.70
140.40
40
EUR/GBP
0.8630
0.8650
0.8600
0.8590
0.8570
0.8620
20
Total Expected Pips
160