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Sunday 20 February 2011

NZDGBP



Been bullish on sterling recently...but can't ignore this...may even tighten the SL if we see a sharp drop below the TL this week

Saturday 19 February 2011


Account showing 4% since last week+ open trade on GBPCHF

GBPCHF


GBPCHF long trade

AUDCAD


Look for pullback to monthly pivot area before going long aiming for a breakout with TP1 shown and TP2 open

Monday 14 February 2011

AU Long


AUDUSD Long@10025    TP  10090   SL  9975

Showing new trades started yesterday  so far ... about 1%  USDCNY trade holding things back

Monday 7 February 2011

NZDEUR

Long NZDEUR with RR 1:2.25 with TP projected at 23% beyond recent high as 61% fib (oct22 - jan9 high/low) acted as support 

Thursday 3 February 2011

Tuesday 1 February 2011

GBPAUD Short Opportunity


GBPAUD chance to get in on the downtrend with RR 1:1.5

EURAUD Short Opportunity


Chance to get in on the downtrend with a stop above resistance and TP above this year's low RR 1:1.5

CADJPY long opportunity


Opportunity to jump in on the uptrend here with RR 1:2 ... SL well below bullish channel - TP conservatively below highs of the year so far

EURCHF Possible Short


EURCHF ... chance to get in on the downtrend and to enter with a stop above January highs with a TP above the lows ... good RR  (1:3)

GBP/EURO MONTHLY


Sterling looks set to continue it's relative strength against the Euro which has been steadily increasing over the past couple of years 

GU H4 Breakout Continues


Cable continued it's breakout today, forming a neckline of another , larger reverse H&S seen here on H4

Monday 31 January 2011

Dollar Index H4


Dollar Index looks set to test lower on H4

GU Breakout D1


Cable closes Jan right on the DTL then opens in Feb by staging a breakout of ( so far ) 40 pips above it

CHFJPY D1


Looking at comparative strength against USD this CHF/JPY chart is in accordance with the Swiss Franc's dominance over the Yen as it is in a bullish channel.

USDCHF D1 Wedge Combo


USDCHF capped by UTL resistance of bearish channel app. 9500 and supported above 9300 neckline of descending H&S creating a falling wedge in a downtrend.

UJ D1 Upside View


If your bias lies on the side of recovery for this pair , then there is potential for R:R of 1:2 right now by using the two extremes of pip range since December '10

GU H4 Reverse H&S


GU in H4 showing potential Reverse Head and Shoulders

EU Monthly Chart


EUR/USD finishing the month like this with 14000 in sight

Expanding Uptrend?


Cable - possibility of expanding uptrend on D1.