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Showing posts from September, 2010

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . Reports of Medium Importance are due out at 9.30am and 10.00am. . A pending BUY order can either be placed just above the Resistance of the Market at 13598 or just above R1 at 13651 and a pending SELL order can either be placed just below the Low of the Sideways trend at 13554 or just below the Pivot point at 13513.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . Reports of Medium Importance are due out at 9.30am and 10.00am. . A pending BUY order has been placed just above R1 at 15895 and a pending SELL order just below the Pivot point at 15804.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . There are quite a few reports of HIGH importance due out today with the last report at 3pm. Trade with extreme caution before 3pm. . The market is currently trending sideways. A pending BUY order has been placed just above the Resistance of the market at 15870 and a pending SELL order just below S1 at 15773.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . There are quite a few reports of HIGH importance due out today with the last report at 3pm. Trade with extreme caution before 3pm. . The market is currently trending sideways. A pending BUY order has been placed just above the HIGH of the sideways trend at 13509 and a pending SELL order just below S1 at 13405.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The market is currently trending sideways. A pending BUY order has been placed just above the Resistance of the market at 15847 and a pending SELL order just below the Support of the market at 15802.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The market is currently trending sideways. A pending BUY order has been placed just above the Resistance of the market at 13497 and a pending SELL order just below the LOW of the sideways trend at 13445.

Forex Day Trading - GBP/USD

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This is the 2Day 5Mins Chart for GBP/USD . There are a few reports of importance due out today. The last report is at 2.00pm. . A pending BUY order has been placed just above the HIGH of yesterday at 15654 and a pending SELL order just below the Pivot point at 15576.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . Quite a few reports are due to be released today with the last report of importance at 2.00pm. . The maket is currently trending sideways. A pending BUY order has been placed just above the HIGH of the sideways trend at 13038 and a pending SELL order just below the LOW at 12953.

Forex Day Trading - GBP/USD

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This is the 2Day 5Mins Chart for GBP/USD . The Profit target of 60points was reached at 5.00pm. . No further trades today.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD. . The pending BUY order at 15590 was taken at 3.20pm with a Stop loss of 20points and a Profit limit of 60points in place. . The market has moved halfway towards the profit target and hence the Stop loss has been moved to the opening level of 15590. The profit limit has been left in place.

Forex Day Trading - GBP/USD

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This is the 2Day 5Mins Chart for GBP/USD . The economic reports have been announced. . A pending BUY order has been placed just above the most recent HIGH of the market at 15590 and a pending SELL order just below the recent LOW of the market at 15447.

Forex Day Trading - EUR/USD

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This is the 2Day 5Mins Chart for EUR/USD . The economic reports have been announced. . The current pending BUY order is just above the most recent HIGH at 13035 and the pending SELL order is just below the Pivot point at 12949.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The Euro Zone Consumer Price Index report is due out at 10am. . A pending BUY order has been placed at the 38.20% Fibonacci Retracement at 13056 and a pending SELL order just below the Pivot point at 12949.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The GBP Unemployment figures are due out at 9.30am. . A pending BUY order has been placed just above R1 at 15633 and a pending SELL order just below S1 at 15390. These orders might be adjusted at 9.30am when the report is announced

Swing Trade Opportunities on EUR/USD

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This is the 1year Daily Chart for EUR/USD . A pending swing trade BUY order has been placed at the 38.20% Fibonacci Retracement at 13056.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The Profit target of 60points was reached at 3.45pm. . No more trading today. We have survived to trade another day!!!

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The market has moved halfway (30points)towards the target of 60points. The Stop loss has now been moved to the opening level of 12912 in order to protect our capital. The Profit limit of 60points has been left in place.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The pending BUY order at 12912 was taken at 3.15pm with a Stop loss of 20points and Profit limit of 60points in place. .

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The last report of HIGH importance today has been announced at 1.30pm. . A pending BUY order has been placed just above the HIGH of the day at 12912 and a pending SELL order just below the Pivot point at 12824.

Forex Day Trading - GBP/USD

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This is the 1week 5min Chart for GBP/USD . The last report of HIGH importance today has been announced at 1.30pm. . The pending orders from this morning are still in place with a BUY order just above R1 at 15489 and a SELL order just below the Support of the market at 15342.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The market is currently trending sideways. . A pending BUY order has been placed just above R1 at 12939 and a pending SELL order just below the Pivot point at 12824.

Forex Day Trading - GBP/USD

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This is the 1week 5Min Chart for GBP/USD . The market has been trending sideways and reports of HIGH importance are due out today. . A pending SELL order has been placed just below the Support of the market at 15342.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The market is currently downtrending. . A pending SELL order has been placed just below R1 at 15382.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The market has now moved halfway (30points) towards our profit target of 60points. The Stop loss has now been moved to the opening level of 12709. The Profit limit of 60points has been left in place.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The pending BUY order just above the Pivot point at 12709 was taken at 8.10am with a Stop loss of 20points and Profit limit of 60points in place. . This will be the last trade till midday.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . This 1st trade (SELL trade) resulted in a loss of 20points. . Only a pending BUY order has been placed just above the Pivot point at 15428.

Forex Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . A pending BUY order has been placed just above the Pivot point at 12709 and a pending SELL order just below S1 at 12646.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The BOE interest rate decision was announced at 12noon. . A pending BUY order has been placed just above the Pivot point at 15453 and a pending SELL order just below S1 at 15366.

Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The pending BUY order just above R1 at 15417 was taken at 8.00am with a Stop loss of 20points and Profit limit of 60points in place. . The Profit limit of 60points was reached at 8.15am.

Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . A pending BUY order has been placed just above the 1st Resistance (R1) at 15417. A pending SELL order has been placed just below the Pivot point at 15354.

Day Trading - EUR/USD

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This is the 2Day 5Min Chart for EUR/USD . The market is currently trending sideways. . A pending BUY order has been placed just above the Pivot point at 12743. A pending SELL order has been placed just below the Support of the Market at 12674.

Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The Sell order at 15351, just below the support of the market, was taken at 12.30pm with a Stop loss of 20points and Profit limit of 60points in place. . Move Stop loss to opening level once market has moved halfway (30points) towards Profit target.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . 1st trade resulted in a loss of 20points. . A pending BUY order has been placed again just above the Pivot point at 15411. . The initial SELL order positions at the Support of the market (15351) or just below S1 (15327) are still valid.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . Buy order just above Pivot point at 15411 was taken at 8.15am with a Stop loss of 20points and Profit limit of 60points in place.

Forex Day Trading - GBP/USD

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This is the 2Day 5Min Chart for GBP/USD . The market is currently trending sideways. A pending Buy order has been placed just above the Pivot point at 15411. . A pending Sell order can either be placed just below the Support of the market at 15351 or just below S1 at 15327.

Forex Day Trading - EUR/USD

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This is the 2day 5Min Chart for EUR/USD . The market was initially trending down but now trending sideways. . A pending BUY order has been placed just above the Resistance of the market at 12822 or just above S1 at 12851.

Swing Trade Opportunities on GBP/USD

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This is the 1Year Daily Chart for GBP/USD Sell swing trade opportunity at the 23.60% Fibonacci retracement at 15311.

Swing Trade Opportunities on EUR/USD

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This is the 1Year Daily Chart for EUR/USD Buy swing trade opportunity at the 38.20% Fibonacci retracement at 13056.