Weekly Signal : 16 Jan - 20 Jan 2012

Forexhehe Weekly Signal 

GBPUSD:

Buy at : 1.5420, take profit 10-12pips (hit +12pips)
Sell at : 1.5230, take profit 10-12pips. (cancel order)

EURUSD:

Buy at : 1.2779, take profit 10-12pips (hit +12pips)
Sell at : 1.2620, take profit 10-11pips (cancel order)

EURJPY:

Buy at : 98.29, take profit 10-12pips. (hit +12pips)
Sell at : 97.17, take profit 10-12pips. (cancel order)

16 Jan : USD getting stronger and please beware of any trap that might appears. Let say for GBPUSD, as i said last week GBPUSD can go up to 5490 but it still can go to 5230. Hopefully GBPUSD can reach 5490 1st and then we can sell together to 5230. For AUDUSD, sell at 1.0234 :)

17 Jan : Sell AUDUSD at 1.04, it should go really down in coming weeks. For EURUSD sell at 1.2748
(AUDUSD went down, EURUSD hit 10pips)

18 Jan : Sell EURUSD at 1.2810, and sell GBPUSD at 1.5312, tp 10-11pips.
(EURUSD hit 11pips, GBPUSD cancel order)

19 Jan : EURUSD still at the top this morning and looks like it can go higher, maybe breaking last week highest price, 1.2872. You can enter buy and take profit wisely. (I enter at 1.2857, tp 10pips). As for the downside, please be careful that EURUSD has a signal towards 1.2670. (EURUSD hit +10pips)

For GBPUSD, it can go back to 1.5340 or 1.5490. We shall wait for it. (GBPUSD hit 5490)

20 Jan : GBPUSD, EURUSD and EURJPY already in overbought area and I dont think they can go very high today, if the price goes up a bit then we can enter sell, or maybe enter sell on Monday morning.

What we wanna see today is where should AUDUSD go? up or down :D (it went up)

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