Tuesday, May 14, 2013

EUR/USD BUY POSITION

the earlier 4hr candle closed above 1.2992 which is our price period cycle point, our next target is 1.3120 with stoploss @ 1.2977

Sunday, May 12, 2013

EUR/USD TRADE POSITON 12/5/2013

for this week we wil be working with those resistance and support levels for continuation of sell, or buy depending on candle formation at those levels

GBP/USD TRADE POSTION 12/5/2013

waiting for candle reversal or continuation pattern @ 1.5403 and 1.5236 (we have a buy limit here), we identified those level as price period cycle for the week, price action at those level will be our focus

Friday, May 10, 2013

EUR/USD UPDATE

waiting for  candle formations at key levels is pivotal, when using price action, it has been a wonderful week, we had some poor trade as well............... in all it was wonderful.

EUR/USD TRADE ENTRY 10/5/2013

it has been wonderful................ we exited our buy limit, when we saw there was no candle formation to support our buy position at 1.3030/45. we are observing 1.2975-90 fib support, our position target is 1.2900.

Wednesday, May 8, 2013