this pair start with a nice up rising move but at the end of the day it stalled at the high of the day........hmmm got some storng resistance there, maybe a minor pullback will happen next.......buy at bounce again
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this pair start with a nice up rising move but at the end of the day it stalled at the high of the day........hmmm got some storng resistance there, maybe a minor pullback will happen next.......buy at bounce again
today I am giving 2 pending order
buystop- 1.0546 tp-20 to 30 pip sl-30pip
sell stop-1.0496 tp-20 to 30 pip
tp will be increase and this is better to close manually
http://i1123.photobucket.com/albums/...1113-49-58.png
trend down a bit obvious. because in D1 chart marbels already emerged. you may directly open a position, or install SELL LIMIT on the third point that I specify in the picture.
some time ago a lot of opportunities that are formed. you try to watch the price bounced on the line SMA daily ( brown ) and SMA weekly ( Purple ). That moment of moments we want to find.
update-
http://i52.tinypic.com/2nty5ae.gif
this pair is continue falling...and i hope this will break trend line next week..i put pending sell order 1.0405 price level
The current trend upward trend and targeting 1.0567 then 1.0615 stop loss 1.0455, even went for the lowest price point breakers 1.0455, the trend is turn to the downside targeting 1.0400 then 1.0335
http://i1123.photobucket.com/albums/...1118-49-24.png
turns out the best position is at the point of 1.0593, it is an area that is created manually snr from the previous price history. There are two strong price history as a resistance.
Trend formed:
Current price @ 1.4059. white marbels d1 already out lines, are relatively safe to put a limit sell with a rather large lot.
Position For Order:
Position 1 ==> sell limit @ 1.0537 ==> area between ema8 h4 - sma5 high h4
Position 2 ==> sell limit @ 1.0598 ==> area between ema8 d1 - sma5 high d1
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules :rules1:.
this pair broke the low today and it seem want to go down more ......this trend still got a strong down ward momentum ......still got no idea why this happen today and no clear signal to enter it
Trend formed:
Current price @ 1.0453. d1 trend is still down. and two limit sell positions that we put here untouched. therefore, we sell limit further sliding down again.
Position For Order:
Position 1 ==> sell limit @1.0471
Position 2 ==> sell limit @ 1.0504
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0115-33-23.png