Monday, February 18, 2013

EURUSD buy pattern


EURUSD trades with the decreasing volatility last day. The volatility may increase soon and the resistance (last maximum) at 1.3393 will be punched. Let's put pending sell order 1 point higher the resistance level.
We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the support (last minimum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).


BUY STOP order

My entry price: 1.3394
My take profit 1: 1.3436
My take profit 2: 1.3505
My take profit 3: 1.3616
My stop loss: 1.3323


Friday, February 15, 2013

USDCHF creates sell pattern


USDCHF trades with the decreasing volatility last day. The volatility may increase soon and the support (last minimum) at 0.9202 will be punched. Let's put pending sell order 1 point lower the support level.
We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the resistance (last maximum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).


SELL STOP order

My entry price: 0.9201
My take profit 1: 0.9182
My take profit 2: 0.9150
My take profit 3: 0.9098
My stop loss: 0.9235


USDCAD goes up again


USDCAD trades with the decreasing volatility last day. The volatility may increase soon and the resistance (last maximum) at 1.0024 will be punched. Let's put pending sell order 1 point higher the resistance level.
We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the support (last minimum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).


BUY STOP order

My entry price: 1.0025
My take profit 1: 1.0039
My take profit 2: 1.0063
My take profit 3: 1.0102
My stop loss: 0.9999


EURGBP upward trend continues


EURGBP trades with the decreasing volatility last day. The volatility may increase soon and the resistance (last maximum) at 0.8666 will be punched. Let's put pending sell order 1 point higher the resistance level.
We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the support (last minimum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).


BUY STOP order

My entry price: 0.8667
My take profit 1: 0.8716
My take profit 2: 0.8797
My take profit 3: 0.8928
My stop loss: 0.8584


GBPCHF may increase


GBPCHF trades with the decreasing volatility last day. The volatility may increase soon and the resistance (last maximum) at 1.4340 will be punched. Let's put pending sell order 1 point higher the resistance level.
We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the support (last minimum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).


BUY STOP order

My entry price: 1.4341
My take profit 1: 1.4389
My take profit 2: 1.4468
My take profit 3: 1.4596
My stop loss: 1.4260



Thursday, February 14, 2013

Allergan Inc (AGN) on the way to new highs


Allergan Inc trades with the decreasing volatility last days. The volatility may increase soon and the resistance (last maximum) at 107.71 will be punched. Let's put pending sell order 1 point higher the resistance level. We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the support (last minimum) level as Stop loss.

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).

Evolution Slimming Ltd

BUY STOP order

My entry price: 107.72
My take profit 1: 108.70
My take profit 2: 110.31
My take profit 3: 112.92
My stop loss: 106.09


Prefer to sell Freeport Mcmoran (FCX)


Freeport Mcmoran C&G B trades with the decreasing volatility last days. The volatility may increase soon and the support (last minimum) at 35.10 will be punched. Let's put pending sell order 1 point lower the support level. We can use 161.8, 261.8 and 423.6 Fibonacco levels as Take profits and the resistance (last maximum) level as Stop loss.

Evolution Slimming Ltd

As we reach each Fibonacci level close the 1/3 of the order amount and move the Stop loss at the previous Fibo level. For example as we reach 161.8 Fibo level close 1/3 of the order amount and move Stop loss to 100 Fibo level (i.e. entry price level).

SELL STOP order

My entry price: 35.09
My take profit 1: 34.59
My take profit 2: 33.76
My take profit 3: 32.41
My stop loss: 35.94