Here is the updated chart of USDCAD.
Support Resistance
$USDCAD Daily 27 JULY 2012
Here is my view of USDCAD on daily chart.
$USDSGD retest 23 Jul 2012
USDSGD is testing key level. Let’s see how it develops from here.
$GBPUSD 27 June 2012
I am down with flu this week, and now with certain amount of paracetamol running in my body, I am not going to write too much here. �Here is the cable chart I am looking at.
Trade well.
$EURGBP 20 June 2012
Just want to make a short post about EURGBP. Are we looking at the repeating pattern, and symmetrical movement here?
A gap trade example 18 June 2012 : $AUDJPY
I have stopped posting my trade long time ago for various reasons. Anyway, I thought I might throw in an example today to show how I trade gap. In fact, I am not really sure if �I can call this a gap fill strategy, as it is basically a simple support/resistance trade. After all, everything comes back to your level. Define your level, and plan a trade around that. That’s what I am doing.
Here is 5-minute chart of AUDJPY. �There were quite a number of FX pairs with Sunday gaps this week, I picked this pair as it was showing me the cleanest setup at the time I was back to my workstation. I waited for the pair to retest the 5-min level, and put the target at the gap opening , the end result gave me slightly more than 2R.