Wednesday, October 29, 2014

AUD/USD

Today I would like to take up a trade based on Strategy - 3.
The pair I am interested is AUD/USD.
At the moment it is on up trend.
I am looking for 40 pips.

My entry is going to be at:
Buy stop at  0.8901  TP - 0.8941 & SL - 0.8781
Sell stop at  0.9921 TP - 0.8781 & SL - 0.8901

Good luck everybody.

AUD/USD H4

AUD/USD H4

Thursday, October 23, 2014

USD/JPY

Yesterday I did not have any trades on this pair
I hope I will have a trade today.

As per both H4 & H1 charts, USD/JPY is on an UP trend.
But in both charts we can see there isn't any volume to support the trend.
In H4, the pair has broken the resistance.
I take trade only if there is volume to support the trend.




Wednesday, October 22, 2014

USD/JPY Overview

Today if we look at USD/JPY in H1 it is ranging in between 107.11 & 106.78.
There is no volume and no direction.
But if we look at H4 chart the pair is moving south and now is ranging.
I would be looking to take a sell trade on this pair, provided, I see a nice break below the envelope and the trend is supported by good volume.
Good luck everybody.



Happy Diwali

I hope we will have good trading experience today.

Happy Diwali


Wednesday, October 8, 2014

Tuesday, October 7, 2014

trading opportunities on USD/JPY

The new strategy which i have published on this blog, you can find it 'here' gives good trading signals on USD/JPY. Check it out.


Possible Trade on EUR/USD

Please keep an eye on EUR/USD for a possible trade.


Candlestick smart strategy

Please check this video on YouTube. All credit goes to the genius author.
Author has explained a very nice and simple (smart) candlestick strategy.