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Support Resistance

$USDCAD revisit 31 JULY 2012

by Gav Leave a Comment

Here is the updated chart of USDCAD.

$USDCAD H4

Filed Under: Support Resistance, Trading Journal Tagged With: FX, Key Levels, Trading Journal, USDCAD

$USDCAD Daily 27 JULY 2012

by Gav Leave a Comment

Here is my view of USDCAD on daily chart.

$USDCAD D1

Filed Under: Support Resistance, Trading Journal Tagged With: FX, Trading Journal, USDCAD

$USDSGD retest 23 Jul 2012

by Gav Leave a Comment

USDSGD is testing key level. Let’s see how it develops from here.

$USDSGD H4

Filed Under: Support Resistance, Trading Journal Tagged With: FX, USDSGD

$GBPUSD 27 June 2012

by Gav Leave a Comment

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.

$GBPUSD H4

Trade well.

Filed Under: Chart of the moment, Support Resistance, Trading Journal Tagged With: 1touchtoomany, FX, GBPUSD, Key Levels

$EURGBP 20 June 2012

by Gav Leave a Comment

Just want to make a short post about EURGBP.  Are we looking at the repeating pattern, and symmetrical movement here?

 

$EURGBP Daily

Filed Under: Chart of the moment, Support Resistance, Trading Journal Tagged With: ABCD, EURGBP, FX, Trading Journal

A gap trade example 18 June 2012 : $AUDJPY

by Gav 3 Comments

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.

$AUDJPY M5

Filed Under: blogs, Support Resistance, Trading Journal Tagged With: AUDJPY, gap trade, Key Levels

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