Wednesday, 16 March 2011

Trade ideas

Stopped out from EURGBP short.

Don't have any new trade, only trade ideas if MACD changes polarity.

AUDUSD is hoovering around 800 SMA on 4h chart and broke today's S3. Will see if it's going to rebounce from that.

EURJPY hit it's 800 SMA also. Long trades when divergence occur or MACD turnes positive.

GBPCHF is 2 standard deviation south from 800 SMA. It's also overextended, broken it's daily S3. Also no trades at the moment, but looking for longs (short covering rally).

Best regards,


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