Wednesday, July 28, 2010

EURUSD - UPTREND PREVAILED

I am in a long EURUSD, based on 30min divergence when 4hrs and Daily BUY Pressure is up. Buy good at 1.29986 for a 50-100pips Stoploss should not be more than 50pips. Charts below:


Monday, July 26, 2010

SELL EXPECTED - GBPJPY

Sell pressure from my daily timeframe of the GBPJPY and i can see a negative divergence in this 30min timeframe also. A sell may be a quality trade from 134.460 for a 40-50 pips and stoploss around 135.60

My Charts below, Enjoy.

James