GBPJPY, I will suggest a short from 137.88 with the ready MACD and closes below my SMAs for a 50pips. 139.31 is a good intra-day resistant (stoploss)
Enjoy
This blog is created to show market analysis based on our Power Trend Strategy. The strategy was designed with intra-day traders and part-time traders in mind. I will do all it takes to make it simple and explicit as possible. PLEASE REVIEW THE FIRST POST (Risk Warning)! Please enjoy. TRADE ALERT HERE: http://bondfx-tradealert.blogspot.com
Thursday, March 18, 2010
GBPUSD - I BELIEVE A DOWNTURN
Good morning today, I believe the GBPUSD may go down with this close below my SMAs - MACD in good position in support of this so lets shoot from 1.5276 for 40pips. Resistant area at 1.5392 a good stoploss. Let's watch!
Wednesday, March 17, 2010
EUR/USD - DOWN-TURN EXPECTED
A down-turn is expected in my 1hr timeframe with the MACD turning down and a close below my SMAs. Sell below 1.3698 for a 40pips and 50pips stoploss.
Enjoy
Enjoy
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