The most attractive pin is forming on Mini-Dow 4H chart [45 min till candle close].
Rest mentioned here are very average or worse ideas.
UE short - not a proper 4H setup, but confluence of 50% extetntion of last swing and lost momentum on last 4H bar compared with previous two convinces me that at least a bit of correction should be expected here. 1.2150 may be pretty good final target for this one.
UJ still in no momentum up mode with key support level to be broken @91.70
According to EU and UJ analisys EJ is good shorting pair due to bounce off 23% fib extention
USDCAD - I'm already out of this trade with some profit. It did not meet my full expectations, but trade turn out to be pretty nice anyway. This one will possibly rise further, but I didn't really got excited about this one as well as about falling
Monday 14 June 2010
14.06.2010 GMT +1
USDCAD I shorted this pair once, but closed for 10 pips loss as price action did not convinced me, reopened on the second approach to 1.0286 level, and currently I took away partial profit, and wait for further run. Currently SL 10 points above entry, and wait to hit 1.0250 to take other part and move SL to BE.
apart of this trade i see UJ with it's very narrow range seems to reverse a bit. It's not a trade call, but it makes a good indicator in case of hesitation between USD and JPY crosses.
apart of this trade i see UJ with it's very narrow range seems to reverse a bit. It's not a trade call, but it makes a good indicator in case of hesitation between USD and JPY crosses.
14.06.2010 11:20 GMT +1
USDCAD break below 1.0286 seems to be an interesting short opportunity, however resistance on CADJPY above 89.50 seems to be a serious obstacle for CAD crosses to move further.
I'm still waiting for a pullback on AUDUSD that would be the good reason to long this pair, possibly for medium term trade...
I'm still waiting for a pullback on AUDUSD that would be the good reason to long this pair, possibly for medium term trade...
14.06.2010 9:48 GMT+1
Hi there, I woke up late, so I didn't updated today morning.
After quick chart observation AUDUSD dragged most of my attention as this pair broke above last three weeks channel, what might be valid sign of further rises of this pair.
Yet from 6am [London time] GU managed to break a bit above overnight range, but I don't see anything worth attention here yet.
After quick chart observation AUDUSD dragged most of my attention as this pair broke above last three weeks channel, what might be valid sign of further rises of this pair.
Yet from 6am [London time] GU managed to break a bit above overnight range, but I don't see anything worth attention here yet.
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