Sunday, September 27, 2009

Technical Analysis Week 28 Sep - 02 Oct 2009


AUD/JPY:
Resistance: 79.00
Support: 75.50
Recommendation: Trade from short side.

USD/CAD:
Resistance: 1.1150
Support: 1.0800
Recommendation: Trade from long side.

EUR/CHF:
Resistance: 1.5150
Support: 1.4900
Recommendation: Trade from short side.

Good trading!
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2 comments:

  1. helllo,

    can you make a page for the explanation of your signals, i checked your mt4 statement and it is great

    but what do you mean trade from short side, it means you recommend to sell rather than buying
    so if it is trade from short side, in that case we sell from the resistance or before that a little and we buy the support

    what about the stop loss do you use a fix stop loss, or just behing the highest top or bottom you place the stop

    pls if you can explain more how you enter a trade and how u fix ur stop and target

    thanks

    ReplyDelete

  2. Hi,

    Trade from short side meaning that sell at the resistance area.

    Every traders has their own money management so just set SL according to your account money management.

    Good trading !

    ReplyDelete

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