Saturday 3 March 2012

Weekly Signal : 5 March - 9 March 2012

Forexhehe Weekly Signal

GBPUSD:
Buy at : 1.5995, take profit 10-12pip (cancel order)
Sell at : 1.5801, take profit 10-12pip (hit +12pips)

EURUSD:
Buy at : 1.3488, take profit 10-11pips (cancel order)
Sell at : no signal at the moment

EURJPY:
Buy at : 109.92, take profit 10-12pips. (cancel order)
Sell at : 107.14, take profit 10-12pips. (hit +12pips)

5 March : EURUSD in overbought area and hopefully we can enter buy early in the morning and take green pips. EURJPY still bouncing in between 108.70 and 107.15. The sideway should end after price breaks one of this value. Another signal is buy AUDUSD early in the morning and take a few pips.
(EURUSD hit +10pips, EURJPY broke 107.15, AUDUSD hit +10pips)

6 March : GBPUSD has minor resistance at 1.5880 alas it need to break yesterday high at that area. But we still can enter buy. When price hit 1.5880 if it goes down back a bit then we enter buy order. Another option to enter buy is at AUDUSD because it is already in overbought area. Throughout this week we can put sellstop at 1.0599.(AUDUSD hit sellstop, buy order at 1.0680 on target)

7 March : my graph says AUDUSD will bounce back to 1.0680 area, but this morning I put another sell order on EURUSD and GBPUSD, hope to get a few pips. (enter at 1.3135 and 1.5732)
(EURUSD and GBPUSD hit 10pips)

8 March : GBPUSD failed to break supportline 6/3 support line and now to retest 1.5760. We can enter buy at 1.5761. I dont know when exactly AUDUSD will go down but we can try enter sell at 1.0622 and see what happen. (GBPUSD hit +12pips, AUDUSD hit +10pips)

9 March : Its a NFP day, and tonight we gonna try hard to get more pips. Eventually GBPUSD EURUSD and AUDUSD has signal to go up, is that means usd is weaken today? another pair to focus is EURJPY, its heading to 109.65, but most probably it will reach there by next week.
Buy GBPUSD at 5836, AUDUSD at 0673, tp 10pips is enough :) (cancel GBPUSD and AUDUSD order)

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