Monday, September 19, 2011
Saturday, September 17, 2011
Potential EURAUD Trade Setup
I see potential reversal for continuation of the uptrend and we have similar pattern on the GBPAUD chart.
Check out the trade focus report for the next trading session on 28 currency pairs, USDX, EURX, Gold and Silver on our website. It is an alternative opinion to compliment your analysis in case we're thinking the same way.
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Check out the trade focus report for the next trading session on 28 currency pairs, USDX, EURX, Gold and Silver on our website. It is an alternative opinion to compliment your analysis in case we're thinking the same way.
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Wednesday, August 31, 2011
Tuesday, August 30, 2011
Potential Trade Setup - AUDUSD & NZDCHF
I see possible short trades in the AU & NCH. Divergence on the H1 with potential bullish slingshot for retest of previous high, and it is the failure of these moves that I want to be positioned to sell as you will also find bearish slingshots forming on the M15 charts and hinting of that possible failure.
Similar patterns are also developing on the NZDUSD & AUDCHF.
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Similar patterns are also developing on the NZDUSD & AUDCHF.
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Monday, August 29, 2011
EURO REVERSAL TRADE
Took this Euro reversal trade after seeing a failed slingshot (SS) on the H1 chart supported by bearish divergence on the M15 chart. Trade already up 34.2 pips with 20.8 locked in and therefore in a free trade; PT1 @ 4464 (38.2% FR of last move) PT2 @ 4438 (50% FR) & PT3 4327 (the prior low of 8/26/2011).
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Monday, August 22, 2011
Saturday, August 20, 2011
Thursday, August 18, 2011
Friday, August 12, 2011
Possible Reversal Trade in the CHF Related Pairs
The CHF pairs sold off heavily yesterday but something interesting is happening this morning on all the related pairs without exception - divergence!!! I am posting a sample of the GBPCHF as this was the pair that moved the most and may be the one to give back the most in case of a reversal. I will be prepared to sell any upside failure.
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Thursday, August 11, 2011
Wednesday, August 10, 2011
Monday, August 8, 2011
Saturday, August 6, 2011
Possible Trade Setup in GJ & NCA
I see possible hidden bullish divergence on the GJ and NCA but will be extremely careful trading the next few days due to the downgrade of the US credit rating by S & P. The downgrade was not unexpected and may have been factored into market price but you never know - just my 2 cents :-)
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Monday, August 1, 2011
Saturday, July 30, 2011
Wednesday, July 20, 2011
Trade Taken from the Trade Focus Report
Cable short trade taken off trade focus report
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Friday, July 15, 2011
Thursday, July 14, 2011
Where is the Euro Likely to Go Next??
I am bearish the Euro, Cable, Kiwi & Aussie and bullish the Swissy, Loonie & possibly the Yen above 7925. Attached is a sample chart of the Euro - the 50 pips spike within 5 minutes of S & P's threat of potential downgrade of US sovereign ratings did not change the chart structure.
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Monday, July 11, 2011
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