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[popoola]

Sold the aussie @6912 and covered @6891 for a 21 pip profit.

April has started well...

March: 81+100-71+11+27+5+41+15-20-20+72-30+38=249pips
April: 21pips

Incidentally the nzdusd has broken the neck line. But has not travelles far since. I sold the aussie instead but bailed out on seeing a hammer on the 15minute

[popoola]

Missed a good entry in the usdchf long. Didnt know why when stock market was going up the usdchf was going up too. As a result of this I passed on the trade.

Right now the euro is selling of while the pound is rallying. Doesnt make sense so i am staying out and looking to sell the pound from higher levels

[popoola]

Usdchf is showing an overbought condition on the hourly. It is also showing a bearish engulfing candle. Also the stock market is up. This is a tentative sell signal. It is weakened by the fact that the trend is up and this sell will be counter trend. As we know counter trend trades are not as sweet as trading with the trend...

[FxSignal]

Nice, could got 25 pips
thanx

[popoola]

Congratulations FxSignal. Well done

Possibly another signal. Head and shoulder(rough one) in eurgbp on the 4hr chart. Daily trend is down. However stoch on the 4hr is near oversold. Would be a good sell from much higher

[FxSignal]

Thanx mate, do u have any YM or skype for easy getting help from u?

[popoola]

Overnight sold the usdchf @1.1447 and covered this morning @1.1425. The tide seems to be turning against the us $. Especially with talk of another super currency. The Dow futures is up 100. us$ is weak acctoss the board. The aussie is stronger. If we breakout to the upside it will spell a new downtrend in the us$

April: 21+22=44pips

[popoola]

G20 gave the market a filip today and the markets soared and the us$ tanked. What happens when the presidents get back to their countries is another matter. Giving money to the IMF doesnt pay off my mortgage or stop unemployment or reverse recessions.

Anyway the euro rallied today and is overbought on the 4hr. It was turned back by a descending trendline. It also formed a doji on the 4hr. Mind you though the stoch hasnt fully turned as so there might be more upside. The daily stoch didnt turn up either. A countertrend sale might be possible with a tight stop on the break below the doji.

Check out the nzdusd too. Overbought and turning. It just might crash back into the range.

[popoola]

Please do not buy the us$ if the dow futures is going up... Stockmarket rally ==> us$ weakness ==> Commodities rally

[popoola]

Trade ideas above invalidated.

[FxSignal]

Thanx Mate

[popoola]

Sold the eurousd overnight @ 1.3451 bought back @1.3400 stop order. for a 51pip profit. Should have put more on it but it was the wise thing to do since it was after a big move that could continue

We should go down today because of profittrading however there is employment figures out today and this is big big risk. It ight be better to wait till monday to trade

[popoola]

We have gapped up against the us$ this morning. The dow futures is up. oil is up, euro is up, GBP is up. Everything is up.

I am looking for a quick sell in the euro. Reasons are gap up this morning. Overbought stochastics on the hourly and turning down. We might be looking for a sell around 1.3535 with a near stop. We will be looking for the gap to be closed

[popoola]

EurChf. this currency had an inside day on friday and we are nearing the top of the range. If the stock market remains strong it might be good to buy the breakout @1.5285 for a continuation of the trend then the target will be 1.5440 area. However on the hourly the stoch is turning down and we might not be able to move much further this time

[FxSignal]

please give me your advise about GJ
thanx