Free Forex Signal 21 May 2008

Wednesday, May 21, 2008

Today is your entry day. Think nothing else but entry for AudUsd, NzdUsd and AudJpy. Its going to swing wild and may give you a few entry opportunity

Short AUDUSD @ 0.9574 or better

Short NZDUSD @ 0.7741 or better

Short AUDJPY @ 99.50 or better

For those of you still holding GBPUSD long, you have until tomorrow to take your profit. GU is heading into a slow down and only time will tell the next move.

Signal is getting close

Tuesday, May 20, 2008

Last signal of trade. All closed. Gbp is in an unhealthy condition. It swings too much causing it to hit SL before the full range is hit.

This week I will be looking at AudUsd, NzdUsd and AudJpy very close. Looking at things a new signal may appear tomorrow. For today, its time to rilex.


Thursday, May 15, 2008

This morning we have a couple of big news for NZDUSD and guess what. Its a bad situation. Currently I am holding long post at a loss. These things happen a lot where technically NU is ready to turn but due to economic news it continue to slip down.

Hopefully the drop is not by much since its already in an oversold condition. So I will continue to hold the loss position and hoping for a positive move soon. It may be next week since the news effect really delay things.

For EURAUD, it has enter the overbought condition. Technically it should turn somewhere soon. For today entry for short is at 1.6619. It is an estimation which is hard to do since this pair has a very wide spread and agresive movement.


Wednesday, May 14, 2008

I was doing my day job and suddenly Ive got an idea on how to make a poster to promote a certain product. Using publisher I manage to create this small poster in 15 minutes and I must say, I am very pleased with the result. Just wanted to know what you think of it

Btw, EurAud is coming to its peak. Anyone care to trade???


Tuesday, May 13, 2008

Long GbpUsd @ 1.9450 or better
SL This is the hard part. Figure it out yourself

Short EurGbp @ 0.7950 or better
SL on your own

EurGbp has just reach its peak. Now it is entering ranging zone. So we could see a few swing before a new trend emerge. Furthermore it may make a new high. The entry that Ive given is based on current time.

GbpUsd has been swinging for the past few days and has hold its low. If it failed to break the last low, it will have to make it way up. Hopefully

Happy trading and good luck to us all

Back To Trading

Sunday, May 11, 2008

Its been a week. I can barely trade coz Celcom 3G Internet is slow as hell. Now I am back home so time for some serious trading.

The last 2 signal of GbpChf and EurGbp has given some profit. Its time to exit untill a new signal is generated. This is because in long term trend is the opposite of the signal Ive given.

I will post signal next week when the market open to avoid holding -ve post due to trend continuation. See you next week


Friday, May 2, 2008

Its Friday so it is a bit late to be giving signal but sometimes things take very long time to settle down and give clear direction

Short GBPCHF @ 2.0700 or better
SL @ 2.0775
TP 2.0566, 2.0506, 2.0414

Long EurGbp @ 0.7830 or better
SL 0.7796
TP 0.7865, 0.7883, 0.7910

Happy trading.

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