Thursday, August 18, 2011

EUR/USD Signal

Europe-US Session Valid
EUR/USD H4
Neutral-Sidewaywhile EUR/USD below 1.4421 is neutral-bearish and turn into bullish while above 1.4421/1.4433/1.4455
tenkan:1.4421
kijun:1.4330 (use as support )
senkaou span B: lying between 1.4431-1.4255 (normal range)
tenkan and kijun crossed at 1.4290 it mean while eur/usd close above it sign bullish

follow trend
strategy: buy above 1.4335 TP 1.4400 and further more 1.4430 SL 1.4280
sell while breaklow 1.4323 (current strong support) with TP 1.4300 and 1.4295 SL 1.4550

counter trend
startegy: sell on rallies while EUR/USD could'nt broke 1.4540, SL at 1.4550 TP 1.4370 TP 2 1.4295
this scenario fail when broke 1.4550
buy EUR/USD in 1.4298/1.4302 TP 1 1.4330 TP 2 1.4350 SL 1.4250

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