Monday, August 22, 2011

EUR/USD Forex Signal and Strategy

US Session Valid
EUR/USD H4
SIDEWAY-BULLISH, while EUR/USD below 1.4250 is bearish and turn into neutral-bullish while close above 1.4363
tenkan:1.4356
kijun:1.4388
senkaou span A: lying between 1.4433-1.4316 (range shortenn)
tenkan and kijun crossed twice at 1.4255 it mean while eur/usd close above it sign bullish and kijun crossed tenkan at 1.4390, it sign can turn into bearish short term while close below 1.4390
chinkau span at 1.4508, fully bullish while close above 1.4508/15

follow trend
buy above 1.4356 TP 1.4400 TP 1.4430
sell when broke 1.4345 TP 1.4319 TP 1.4305

counter trend
sell 1.4450-1.4508 TP 1.4390 1.4375
past and main startegy: sell on rallies while EUR/USD could'nt broke 1.4540, SL at 1.4550
this scenario fail when broke 1.4550

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