The pair is in downtrend so down movement until 0.7975 is expected. But if price able to break 0.8080 , we'd see up movement hitting 0.8150,
Printable View
The pair is in downtrend so down movement until 0.7975 is expected. But if price able to break 0.8080 , we'd see up movement hitting 0.8150,
The trading rang for today is among the major support @ 0.8015 and the key of resistance @ 0.8110.
The general over short term basis is to the upside targeting 0.8125 as far as 0.8160 .
Evaluasion
in pairs, I also get the loss. core of this system should actually see a clear trend.
we follow the trend up in h4. I opened an instant buy position and one pending order.
Position For Order:
instan buy order @ 0.8112
buy limit 1 @ 0.8077
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/...0115-26-38.png
the trading rang for today is among the major support @ 0.80 and the key of resistance @ 0.8260.
The general over short term basis is to the upside targeting 0.8260 as far as area of 0.83 .
Evaluasion
cut profit @ 141. pending orders we move. almost same movement with pairs AUDUSD, we follow an established trend. do not hesitate do not be hesitant.
Position For Order:
buy limit 1 @ 0.8201
buy limit 2 @ 0.8170
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/...0115-17-10.png
The current trend of an upward trend and then target 0.8340 if the price went to the lowest point 0.8250, breaking the trend turn to the downside targeting 0.8180
The trading rang for today is among the major support @ 0.8230 and the key of resistance @ 0.8315.
The general over short term basis is to the upside targeting 0.8315 as far as area of 0.8370 .
Evaluation
two positions are not executed pending orders.
I'm confused analyze these pairs, due to a long green candle appears,
but that appears white marbles.
we better wait for a clear trend, but I estimate the price will go down today.
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/...0117-45-21.png
This pair moves in a same direction like AU.As can be seen in the chart, the pair succeeded to break the strong bullish on the previous days, so downmovement is expected targeting 0.8164.
Major trend : not clear yet
situation : at the very top
Divergent occur in pairs, the
although the green candle close above the high sma5 d1, and green marbels already emerged.
but still very risky price will go down quickly.
http://i1123.photobucket.com/albums/...0115-51-35.png