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rufffen · 03-06-2007, 03:41

Updated last week: SL hit on XAU spot gold for a total of -4.

Update for new week: Outlook - GBP USD lower, EUR USD lower, USD CHF higher, XAU spot GOLD lower.

XAU SPOT GOLD SELL ZONE 1 684-691 SELL ZONE 2 674-677 SL 679 TP 665. SZ1 unlikely, wait for price to settle, short upon SZ2

EUR USD SELL ZONE 1 3580-3635 SL 3655 TP 3400SELL ZONE 23520-3540 TP 3400 - wait for SZ1 then you can add to the position.

GBP USD SELL ZONE 1 9980-2060SELL ZONE 2 SL 2090 TP 9800

USD CHF BUYZONE 1 2100-2150 SL 2080 TP 2260BUY ZONE 2 2195-2215

Some basic framework Id like to introduce is that you should look to BUY SELL in BZ1 and SZ1 first always, always good to buy/sell in zones 1, then just add in zones 2, TP for zone 2 is almost always the same as for zone1.

Lets see how it goes this week, I see great potential on GBP USD and USD CHF setups, lets see how it goes.

03-06-2007, 03:41	#5
rufffen Zone trading Join Date: Jun 2005 Posts: 1,057 Downloads: 2 Uploads: 0 Rep Power: 5	Re: rufffen XAU spot gold and majors trades Updated last week: SL hit on XAU spot gold for a total of -4. Update for new week: Outlook - GBP USD lower, EUR USD lower, USD CHF higher, XAU spot GOLD lower. XAU SPOT GOLD SELL ZONE 1 684-691 SELL ZONE 2 674-677 SL 679 TP 665. SZ1 unlikely, wait for price to settle, short upon SZ2 EUR USD SELL ZONE 1 3580-3635 SL 3655 TP 3400SELL ZONE 23520-3540 TP 3400 - wait for SZ1 then you can add to the position. GBP USD SELL ZONE 1 9980-2060SELL ZONE 2 SL 2090 TP 9800 USD CHF BUYZONE 1 2100-2150 SL 2080 TP 2260BUY ZONE 2 2195-2215 Some basic framework Id like to introduce is that you should look to BUY SELL in BZ1 and SZ1 first always, always good to buy/sell in zones 1, then just add in zones 2, TP for zone 2 is almost always the same as for zone1. Lets see how it goes this week, I see great potential on GBP USD and USD CHF setups, lets see how it goes. __________________ rufffen XAU spot gold and majors trades(click) trading zones for the month of April 2008.(click) trading zones for the month of May 2008.(click) 2516 pips trading one lot in April 2008.