Australian (ASX) Stock Market Forum

Classic T/A & signals

Re: Classic TA & signals

eurusd now 1.4104 , i moved my SL to the entry point..
eurusd need a break below 1.4100 to reach my 1st target, and anouther break below 1.4080 to reach my 2nd target.
i will cash out 1/2 of my trade when it reach the 1st target.

cheers

i just cashed 1/2 of my orders with gain 27pips...
the SL for the other 1/2 is still at the entry point and waiting for the 2nd target 1.4060
 
Re: Classic TA & signals

Evening Naif,

Looks like the AUD and Euro are now starting to weaken I am not sure on the depth of the pull back but a 23 - 38% or the current rise from the rate cut decision could be on the cards.

both of the pairs on the 4 hour look to be forming bullish continuation set ups so this could be short lived with more upside to follow.

time will tell
yea i agree with you , thats why my 2nd target is at 1.4060 .. also there is an uptrend line in the hourly chart..
AUD still confusin me.. and i prefer to watch it..

cheers
 
Re: Classic TA & signals

UPDATE eurusd
now its 1.4087 , and a few min`s and the hour bar will close, if it close below 1.4095 then i will move my SL to 1.4110 , and the target is 1.4060

cheers
 
Re: Classic TA & signals

UPDATE eurusd
now its 1.4087 , and a few min`s and the hour bar will close, if it close below 1.4095 then i will move my SL to 1.4110 , and the target is 1.4060

cheers

i just moved my SL to 1.4110
 
Re: Classic TA & signals

EURUSD update:
eurusd broke down the uptrend line in the 1h chart..

the chart
 
Re: Classic TA & signals

EURUSD update:
eurusd broke down the uptrend line in the 1h chart..

the chart



cheers
 

Attachments

  • eurusd-24-sep-2007-1hrnew.GIF
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Re: Classic TA & signals

EURUSD update:
now its 1.4085, the low till now is 1.4066 and i moved my SL to 1.4105

the target is 1.4060

cheers
 
Re: Classic TA & signals

EURUSD update:
the 1h bar just closed below 1.4075 , and i moved my SL to 1.4090 , and the limit is 1.4060

cheers
 
Re: Classic TA & signals

EURUSD update:
i just cashed out the other 1/2 , 52pips profit. eurusd till now did not break 1.4064

cheers
 
Re: Classic TA & signals

EURUSD update:
i just cashed out the other 1/2 , 52pips profit. eurusd till now did not break 1.4064

cheers

EURUSD update:
eurusd recorded a new high 1.4162 after it failed to break down 1.4064.
EURUSD now is 1.4111.
i placed a new order to buy from 1.4064+spread and i trade with fxcm and the spreads vary between 1.5 to 3 pips, so my order is buy@1.4067 and SL@1.4049 and 1st target@1.4092 and 2nd target@1.4117 and 3rd target@1.4130

cheers
 
Re: Classic TA & signals

EURUSD update:
eurusd recorded a new high 1.4162 after it failed to break down 1.4064.
EURUSD now is 1.4111.
i placed a new order to buy from 1.4064+spread and i trade with fxcm and the spreads vary between 1.5 to 3 pips, so my order is buy@1.4067 and SL@1.4049 and 1st target@1.4092 and 2nd target@1.4117 and 3rd target@1.4130

cheers

here is the 4h chart...
if eurusd break down 1.4064 , then i will wait for 1.3985 to buy from that level..


cheers
 

Attachments

  • eurjpy-26-sep-2007-4h.GIF
    eurjpy-26-sep-2007-4h.GIF
    11.4 KB · Views: 149
Re: Classic TA & signals

EURUSD update:
eurusd recorded a new high 1.4162 after it failed to break down 1.4064.
EURUSD now is 1.4111.
i placed a new order to buy from 1.4064+spread and i trade with fxcm and the spreads vary between 1.5 to 3 pips, so my order is buy@1.4067 and SL@1.4049 and 1st target@1.4092 and 2nd target@1.4117 and 3rd target@1.4130

cheers
EURUSD recorded a new high...
i canceled my order buy@1.4067

i will back to australia next week Tuesday, and will start to post more technical analysis for many pairs..



cheers
 
Re: Classic TA & signals

EURUSD recorded a new high...
i canceled my order buy@1.4067

i will back to australia next week Tuesday, and will start to post more technical analysis for many pairs..



cheers

Good stuff Naif thanks for all your posts and work, I am reading your posts enjoying your work.

I took a couple trades in the last couple days on the AUD and EUR / usd couple good ones and a couple stinkers! I actually came out on the wrong side this round but that's trading.

I will start getting some of my charts up as well.

I am looking for a base to minor retrace to get my hooks in again but theses two trends are now looking very developed on the daily even for forex standards. So there wont be much going into them in case a fast short term reversal emerges.

How is your trip going? Were have you gone, if u don't mind me asking?

good trading
 
Re: Classic TA & signals

Good stuff Naif thanks for all your posts and work, I am reading your posts enjoying your work.

I took a couple trades in the last couple days on the AUD and EUR / usd couple good ones and a couple stinkers! I actually came out on the wrong side this round but that's trading.

I will start getting some of my charts up as well.

I am looking for a base to minor retrace to get my hooks in again but theses two trends are now looking very developed on the daily even for forex standards. So there wont be much going into them in case a fast short term reversal emerges.

How is your trip going? Were have you gone, if u don't mind me asking?

good trading
hi trade_it
yes its very developed in the daily charts but i guess its soon gonna correct , usually american dollar show some strength at the end of the year and January..
i will back soon with the chances in AUD ...

by the way , i am in dubai and tomorrow will be in Brisbane.. i am enjoyin my trip and thank you for asking :)

see u soon

cheers
 
Naif and others USD/JPY trade.

went long on the USD/JPY with 4 contracts (minis). 4 hour chart

My entry was 11489, took this trade with a short term gain in mind there is a range that the price is in now but its still in a wider range on the daily.

The trend is down but there is some easy money to make in the range waiting for sharp sell downs tp support which also send the cci into the negative once it turns green in there combined with visual support on the chart you have a entry.

Now the cci turned green on the -100 this combined with a higher low inside the range sealed the entry for me. I was stopped out on two contracts at 11560 for 71 pips.

I have moved the the stop on the other two to break even. I will leave it to go seeing the sharp rally it made in one bar this may be some profit taking.

Good Trading
 

Attachments

  • Spot FX USD_JPY (-).jpg
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Naif and others USD/JPY trade.

went long on the USD/JPY with 4 contracts (minis). 4 hour chart

My entry was 11489, took this trade with a short term gain in mind there is a range that the price is in now but its still in a wider range on the daily.

The trend is down but there is some easy money to make in the range waiting for sharp sell downs tp support which also send the cci into the negative once it turns green in there combined with visual support on the chart you have a entry.

Now the cci turned green on the -100 this combined with a higher low inside the range sealed the entry for me. I was stopped out on two contracts at 11560 for 71 pips.

I have moved the the stop on the other two to break even. I will leave it to go seeing the sharp rally it made in one bar this may be some profit taking.

Good Trading

im back.. oh finally i can post replies.. the forums was lagging in the last two days and could not read or post anything here...

Trade_It good trade, last nite i went long USDJPY@ 116.38 and exit from the trade wiv 10pips gains, actualley that is not my way of trading, i mean i dont like scalpin, and my 1st target was 117.00 but i needed a daily close above 116.55 but it did not and thats why i cashed out, my plan was to wait for the weekly close and the daily should not close below 116.55..

Trade_it im happy to see your analysis here.. whenever u have the chance post your charts here...

cheers
 
hello ...
hope that everyone enjoyed this weekend :)

after the us data last week and they created jobs more than expected, the market start to expect that the fed mite decrease the intrest rates...

tonight i will back wiv charts for next week , usdjpy, eurusd, gbpusd and eurjpy


cheers
 
EURUSD
trend is UP, broke up the ascending channel..
i will buy from supports which its 1.4060 and 1.3931 and my targets 1.4160 and 1.4240 but i will wait for the opening to decide where exactly i should go long...

the daily chart:



cheers
 

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USDJPY:
trend ST is bullish..
it broke up the traingle and also formed a coorect inverted head&shoulders..and in the weekly it closed above 61.8 fibonacci and its targeting 119.10 level..
i will wait to buy from 116.55 level.. i need to see the opening..

the daily chart...




cheers
 

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  • 7-daily-usdjpy.jpg
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