SELL STOP : 1.1940
PROTECTIVE STOP:1.2030
TARGET: 250 pips
Proposed Date for Trade set up: 05-Jun-2010 (Saturdaty)
STATUS: Still valid in Trade , Now traded at 1.1930
New Change: Target set to :200pips
Update now GMT 13:20,, US PACIFIC 06:20,, KL/ Singapore / HK 21:09 Tuesday
2) EURO/JPY
SELL STOP :109.00
PROTECTIVE STOP:150 pips
TARGET:300 pips
Proposed Date for Trade set up: 05-Jun-2010 (Saturdaty)
Proposed Date for Trade set up: 05-Jun-2010 (Saturdaty)
STATUS: Still valid in Trade Now traded at 109.40
New Change: Target no change
Update now GMT 13:20,, US PACIFIC 06:20,, KL/ Singapore / HK 21:09 Tuesday
Update now GMT 13:20,, US PACIFIC 06:20,, KL/ Singapore / HK 21:09 Tuesday
3)AUD/USD
SELL STOP :0.8115
PROTECTIVE STOP:150 pips
PROTECTIVE STOP:150 pips
TARGET:300 pips
Proposed Date for Trade set up: 05-Jun-2010 (Saturdaty)
Proposed Date for Trade set up: 05-Jun-2010 (Saturdaty)
STATUS: Still valid in Trade Now traded at 0.8150
New Change: Target set to :300pips
Update now GMT 13:20,, US PACIFIC 06:20,, KL/ Singapore / HK 21:09 Tuesday
GENERAL COMMENTS:
If you look at all the above 3 charts with their respective Trade set-up, then you may discover SOME of the pair that actually you can make 1-2 rounds of good profit takings with the same SET UP (The price action is actually bouncing within your st range !With the proposed Protective Stops level, and you have no STOP OUT !.)
YOU SEE, THE Protective Stop level/limit are set with their ATR(Average True Range), which is one of the useful indicators available.
Hope the above can be of some assistance for your Daily trading !! Of course you need more analysis tools such as fibo retracement rules, support levels, resistance, pivot levels,Stoch. RSI, ..........etc to enable you to have better set up trades.
Foot note:I have an interesting report entitled "Preparing for a breakup of the Euro Union" by an Economic Analyst for Sharing via the following link:-
http://docs.google.com/fileview?id=0B74IMi--bRpKMzRlYmY2OTgtMDFiMi00NTJmL
Tk5YTAtNzkyNWJlZjRkNGNk&hl=en
Update now GMT 13:20,, US PACIFIC 06:20,, KL/ Singapore / HK 21:09 Tuesday
GENERAL COMMENTS:
If you look at all the above 3 charts with their respective Trade set-up, then you may discover SOME of the pair that actually you can make 1-2 rounds of good profit takings with the same SET UP (The price action is actually bouncing within your st range !With the proposed Protective Stops level, and you have no STOP OUT !.)
YOU SEE, THE Protective Stop level/limit are set with their ATR(Average True Range), which is one of the useful indicators available.
Hope the above can be of some assistance for your Daily trading !! Of course you need more analysis tools such as fibo retracement rules, support levels, resistance, pivot levels,Stoch. RSI, ..........etc to enable you to have better set up trades.
Foot note:I have an interesting report entitled "Preparing for a breakup of the Euro Union" by an Economic Analyst for Sharing via the following link:-
http://docs.google.com/fileview?id=0B74IMi--bRpKMzRlYmY2OTgtMDFiMi00NTJmL
Tk5YTAtNzkyNWJlZjRkNGNk&hl=en
(do copy the entire above address without space in between into your Browser)
Latest Update:
You may Exit the Aud.USD now(GMT 16::00) , KL/SINGAPORE 12:00)TRADED at 0.8130, THere may be a major Reversal in the horizon, as the Gold Gold price is on the upsurge,,,,heading to 1275...
Latest Update:
You may Exit the Aud.USD now(GMT 16::00) , KL/SINGAPORE 12:00)TRADED at 0.8130, THere may be a major Reversal in the horizon, as the Gold Gold price is on the upsurge,,,,heading to 1275...
HAPPY TRADING
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