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GBP/USD intraday: Update 25 Nov 2011
Wednesday, January 11th, 2012GBP/USD intraday: capped by a negative trend line.
Pivot: 1.5500.
Our Preference: SHORT positions below 1.55 with 1.5435 & 1.54 as next targets.
Alternative scenario: The upside penetration of 1.55 will call for a rebound towards 1.553 & 1.557.
Comment: the pair remains capped by a bearish trend line, and the RSI is badly directed.
EUR/USD Resumes bear-trend ; Update Dec 15, 2011
Wednesday, December 14th, 2011EUR/USD Resumes bear-trend after brief consolidation above 1.3000 mark, with upside capped at 1.3060. Loss of the last barrier at 1.2968, 28 Nov 2010 low, opens way towards 1.2900 and next key support at 1.2872, 2011 low, posted on 09 Jan. Near-term studies remain deeply in the negative territory. Res: 1.3000, 1.3063, 1.3100, 1.3160 Sup: 1.2964, 1.2900, 1.2872, 1.2800 GBP/USD Turns the near-term focus lower after corrective attempt from 1.5449, yesterday’s low, faced strong barrier at initial
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Forex Signal - End Nov 2011
Tuesday, November 22nd, 2011Trade Idea Wrap-up: GBP/USD – Buy at 1.5600
GBP/USD - 1.5644
Most recent candlesticks pattern : N/A
Trend : Near term down
Tenkan-Sen level :1.5637
Kijun-Sen level :1.5637
Ichimoku cloud top :1.5750
Ichimoku cloud bottom :1.5720
Original strategy :
Sell at 1.5750, Target: 1.5620, Stop: 1.5785
Position: -
Target: -
Stop:-
New strategy :
Buy at 1.5600, Target: 1.5700, Stop: 1.5565 Read the rest of this entry »
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Mouteki Trading System Video
Tuesday, November 14th, 2006Basicly Mouteki is a method of trading use by many trader with drawing only with 2 indicators, the first indacator is Trendline and the second just a Horisontal line, its look not complicate than anothers indicators tools. Read the rest of this entry »
The main point just put 2 point under trend line if price indicate going to lower position or put 2 point above trend line if price indicate going to high.
Trends Terms:
Related Terms: Draw Trend Lines, Trend Line Trading,
