Sitrade

Sitrade

Entered A LONG position last week From a technical standpoint I entered as price rebounded from the point at the bottom of the range and at our trend-line. -Entered after a strong Bullish candlestick - RSI is at 53 so we still have the potential for plenty of upward movement. - 100 period MA came close to the 200 and then has now started to move back up...

Sitrade

-So we have come up to the 38.2 Fib retrace, however looks like a bullish engulfing bar with a very strong bullish candle to follow. - www.tradingview.com - US dollar chart showing us the potential beginning of a move below a very strong point of support. - If we break above the 38.2 fib line I will add to my long positions. Setting a tight stop loss for current long.

Sitrade

So I entered this trade a week or so ago, Price went all the way up to support turned resistance and is now heading south. Positive News from China today gave the Aussie dollar a big boost. Further Disappointing figures out of the eurozone today gives us some time to let this one run. PA : Bearing engulfing on daily chart? (not yet Formed)

Sitrade

So just a quick little note here: Seems like the US DOLLAR is approaching the UP trend line as well as a very Powerful level of support that has been respected since the beginning of 2013. RSI is showing us a steady weakening but we can see there is still a fair way to go before we start to consider it underbought.

Sitrade

Big week on the calendar for both sides this week. Also a bit of news out of china. Will be setting some traps for breakouts on both sides. Will keep a tight profit target for an upside breakout, hope to let a downside drop run if we get the right data results. There seems to be some strong price action signals every time price goes to support at .9205 so If we...

Sitrade

waiting

Sitrade

Set my net and waited for a bite. Took a Sell position for a few days this week, booked in a tidy profit and am going to wait for another sell signal.

Sitrade

Short term bearish bias after topping?