Written by Ross Mullins
Monday, August 30th, 2010
Sell posted to TAP at 10:05am ET sell at 1.0540. Intraday trade based on Fib and historical supports viewed on 1hr and 4hr charts.
Archive for August, 2010
Aug
30/10
30/10
Sell USDCAD at 1.0540
Last Updated on Monday, 30 August 2010 02:19
Written by Ross Mullins
Monday, August 30th, 2010
Written by Ross Mullins
Monday, August 30th, 2010
Tags: Daily Trader, forex market, forex trading, usd/cad | Posted under Trading Signals & Strategies | 
3 Comments
3 Comments
Aug
24/10
24/10
Buy USDJPY at 83.99
Last Updated on Tuesday, 24 August 2010 01:16
Written by Ross Mullins
Tuesday, August 24th, 2010
Written by Ross Mullins
Tuesday, August 24th, 2010
Buy posted to TAP at 8:59am ET buy USDJPY at 83.99 small size. It’s no secret that this pair is reaching 15 year lows. Now looking for potential reversal points. 1.236 fib extention at 83.90 is a good begining point for potential reversals. When looking for a reversal point like this, use smaller size than normal because you could take some hits before the actual reversal takes place.
Tags: Daily Trader, forex market, forex trading, USD/JPY | Posted under Trading Signals & Strategies | 1 Comment
1 Comment
Aug
19/10
19/10
Sell GBPUSD at 1.5633
Last Updated on Thursday, 19 August 2010 01:41
Written by Ross Mullins
Thursday, August 19th, 2010
Written by Ross Mullins
Thursday, August 19th, 2010
Sell posted to TAP at 8:20am ET, Sell GBPUSD at 1.5633. This sell is based on Daily chart indicators, as such, may take some time for this to come around. Appropriate risk and exposure should be used for that reason. Most of the week we have seen this pair bounce between the mid 1.5600′s and 1.5500′s. Yesterdays daily candle opened and closed under the daily trend line and todays candle is retesting the underneath side of that same trend line. That along with some fibs and the history in the mid 1.5600′s gives us a good bounce point for the ride back down to 1.5560 then a break there could head to the mid 1.5400′s. Again larger compression equals larger risk.
Tags: Daily Trader, forex market, forex trading, gbp/usd | Posted under Trading Signals & Strategies | 5 Comments
5 Comments
