FX Trading Ideas...

Discussion in 'Forex Trading' started by TayOO, Jun 3, 2009.

  1. TayOO

    TayOO

    Long positions above 1.4185 with targets @ 1.4275 & 1.433 in extension.

    Alternative: Below 1.4185 look for further downside with 1.414 & 1.41 as targets.
     
  2. Have you taken a position?
     
  3. TayOO

    TayOO

    Yes, I am short...

    Nice "shooting star" on 15min!
     
  4. TayOO

    TayOO

    A wedge pattern on 15min EURUSD...

    A break will probably give us a opportunity to run for a 100 pips
     
  5. TayOO

    TayOO

    Short positions below 1.4245 with targets @ 1.41 & 1.4055 in extension.

    Alternative: Above 1.4245 look for further upside with 1.4275 & 1.433 as targets.

    Comment: as long as the resistance at 1.4245 is not surpassed, the risk of the break below 1.41 remains high.
     
  6. TayOO

    TayOO

    Short positions below 1.425 with targets @ 1.415 & 1.41 in extension.

    Alternative: Above 1.425 look for further upside with 1.43 & 1.433 as targets.
     
  7. TayOO

    TayOO

    GBPJPY

    Short positions below 159.2 with targets @ 155.75 & 154.65 in extension.

    Alternative: Above 159.2 look for further upside with 160.5 & 161.2 as targets.
     
  8. TayOO

    TayOO

    GBPJPY

    Short positions below 155.35 with targets @ 154.65 & 153.45 in extension.

    Alternative: Above 155.35 look for further upside with 159.2 & 160.5 as targets.
     
  9. TayOO

    TayOO

    EURUSD

    Short positions below 1.4225 with targets @ 1.407 & 1.4 in extension.

    Alternative scenario: Above 1.4225 look for further upside with 1.4275 & 1.4325 as targets.

    Comments: the RSI is mixed with a bearish bias.
     
  10. TayOO

    TayOO

    GBPJPY

    Long positions above 155.2 with targets @ 157.2 & 159.2 in extension.

    Alternative: Below 155.2 look for further downside with 154.65 & 153.45 as targets.
     
    #10     Jun 4, 2009