The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .
Printable View
The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .
Evaluasion
a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.
tf green marbels d1 already emerged, but still below the ema62 d1. no problem we follow the trend up in tf h4. watch the 115.72 area,
because it is a strong area of support.
Position For Order:
buy limit 1 @ 116.55
buy limit 2 @ 116.29
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.
Image link:
http://i1123.photobucket.com/albums/...0118-32-41.png
The price is still trading in its uptrend channel targeting 117.50.But if price able to break the bottom line of the channel, we may see down fall at 115.75 area.
Major trend FOR THIS PAIR IS UP
Minor trend FOR THIS PAIR IS Down
http://im4.gulfup.com/2011-06-30/1309429425361.gif
#WSS943!INDICATOR-4 prediction:
8 indicator prediction up
2 indicator prediction down
trend prediction --> up
Market Sentiment =
Short-Term = down
Medium-Term = down
Long-Term = down
The trading rang for today is among the major support @ 116 ad the key of resistance @ 117.80 .
The general over short term basis is to the upside targeting 117.80 as far as area of 118.50 .
one position has been successfully profit, we cut loss, +85.
increasingly clear trend up, green marbles in tf d1 already crossed the line 0.
I moved the pending order and add one instant position.
instan buy order @ 117.18
buy limit 1 @ 116.65
buy limit 2 @ 116.34
http://i1123.photobucket.com/albums/...1111-54-08.png
The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00
Major trend : upward
Minor trend : downward
a buy position successfully profit, +23.
and according to my analysis, the highest price to be addressed before turning toward
is a line of high monthly sma5, @ 118.40.
http://i1123.photobucket.com/albums/...1112-17-52.png
current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change.
because green marbles are still outside the lines.
position of pending orders are still valid.
http://i1123.photobucket.com/albums/...1115-52-29.png
a buy position successfully profit, we cut profit, 25.
we wait for the price touched our pending orders.
trend is still up, marbles already crossed the line 0 in tf marbels d1.
buy limit 1 @ 117.20
buy limit 2 @ 116.89
http://i1123.photobucket.com/albums/...0118-26-30.png