FX:GBPAUD   British Pound / Australian Dollar
237 1 4
The weekly chart of this pair stands at value, that for me means look for longs on the daily chart . My plan is to build a position using the daily and the H4 chart. My targets are very far away, over 2.0000. For now I have a very small position with a stop below the rectangle drawn on the chart.
snapshot


After a steep downtrend and a sideways market, an uptrend emerged. The uptrend is not over yet, MACD lines are drawing a hidden divergence, price stands at value and the histogram is rising after the correction. There is strong resistance at 1.90000 but except this, theres nothing to hold this pair to 2.0000
Exited on 03.09.2014
snapshot


This is the biggest loss in a while.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out