Tuesday, January 27, 2009

EURJPY Tuesday, Jan 27



The same situation as GBPJPY is happenned to EURJPY so I open Sell position too.. 116.31 and 115.44 will be my target. On EURJPY i have to pay attention at 117.16 level, if she could pass this level hopely she could reach my target... we'll see then

GBPJPY Tuesday, Jan 27



Good Morning all....

I'm still hold my SELL positions on EURUSD and GBPUSD since last night (check my post before). This morning i saw nice setup for GBPJPY... Price still play above SMA 120 and SMA 24, but if you check my chart SMA 120 still pointing down and SMA 24 is pointing up. In this situation we can see that Daily and Weekly average not have same direction, so we can assume that consolidation between daily and Weekly movements is happened. We don't know yet which direction gonna following by price.

My Daily Trend Analysis tell me "weak down trend", my daily momentum decrease and my RS Group show me that GBP is weaker than JPY.. so I decided to Open Sell position. I have already load two sell now... 123.11 will be my first target and then 121.85....We'll see then

GBPUSD Tuesday, Jan 27



I have to close my previous sell position on GBPUSD (+5 pips) when i saw she fail to move below SMA 8 and then Open Buy position to ride the Trend... nice pips

So, tonight I have open three Sell position with SL at 1.4094 and TP 1.3741... i feel sleepy (00:38 am here now)... see you tomorrow

EURUSD Tuesday, Jan 27



EURUSD finally can move above SMA 120 (Weekly Trend) tonight. I have to cut loss my Sell positions (-32 pips) when I saw price play above SMA 120 and open Buy position to ride the trend. That's what I really love of this system... we know when we have to exit in win or loss conditions... nice pips on Buy position.

So, now (00:25 am here in Indonesia and i feel sleepy) I have opened three Sell position with SL at 1.3299 and my target is 1.3032 and 1.2965.

See you tomorrow