"Stolid" manual trading system by Suirad
First one
GBP/CHF D1 analysis 2010.12.15
Currently this pair is in ALL-TIME LOW at about 1.5091
As we can see in chart below, we have a really good chance to make an order.
We have major support at 1.5091 + support at downtrend channel lower border
+ RSI oversold.
Regards,
suirad
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EUR/USD nicely bounced third time from resistance + there were falling star daily candle last day.
Pair has already dropped for about 200 pips.
TP1 at uptrend line. If price would brake this line, pair could fall down for more.
Regards,
suirad
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USD/JPY resistance
Possible sell at resistance?
USD/JPY formed small resistance for a while.
We can see that price is in the same level and higher as it was at the end of last month, but RSI is lower, at around 60 for now.
A little bit of correction would be nice to see.
Regards,
suirad
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Gbp/jpy
As we can see in a chart below GBP/JPY for couple months move sideways.
And approached to downward trendline of weekly chart. Nicely touched trendline and fell.
This level have been respected for a really long time. Trail it for the most.
Regards,
suirad
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EUR/CHF all-time low
EUR/CHF got strength at all-time low just like GBP/CHF. Noticed this just today.
Pair nicely bounces from the point where all-time low and downtrend channel lower border matches. + RSI oversold.
Regards,
suirad
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Usd/cad
USD/CAD in a bearish trend, we can see descending wedge on higher timeframes and faster MA is below than slower MA.
If price would rise more, it would be a good oportunity to open a sell order at downtrend line at about 1.0200.
Regards,
suirad
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AUD/USD short signal
Attention all traders, a pretty good chance to short AUD/USD.
Two resistances matches today: resistance from left shoulder and resistance from downtrend channel upper line. First resistance is at psychological level 1.0000, which has been respected for a while.
Trend is Bullish, so keep your stoplosses tight.
Regards,
suirad
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USD/CHF buy signal
USD/CHF confronts with support at around 0.9560.
Also, seeing some divergence: price appears in the same level as in begining of November. But RSI appears lower.
+ all-time low is seeing near, buyers may enter the market soon.
Be careful, trend is down, price broked last trendline (see chart below).
Regards,
suirad
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EUR/CHF buy signal
EUR/CHF totally downtrend, totally oversold. Making all-time lows and RSI near 20 level.
Trying to buy some of this pair again at close of daily candle at around 1.2550.
A great entry point where weekly downtrend line and dotted trendline matches (see picture below).
SL very tight for about 50 pips because of risk aversion.
TP 1 could be for about 350 pips.
Buy Buy Buy 
Regards,
suirad
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Nzd/usd
NZD/USD trend is definitely bearish, despite the fact that AUD is strongly bullish.
Opened sell position at 0.7475 at previously broked uptrend line yesterday.
TP1 at uptrend weekly line around 0.7275 for 200 pips.
For further short signals see red arrows and other matches of trendlines and S&R.
Regards,
suirad
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Hello, everyone
In this tread I am going to share my sights on technical analysis of major currency pairs. Most analysis will be based on Daily chart.
Most attention will be concentrated on Trend, Support&Resistance zones, Channels, Divergences and main indicators (such as ma, rsi, stochastic).
Nowadays we use EMA(30), EMA(200), RSI(14) and MA(8) applied to RSI.
All indicators applied to the close of candle.
Regards,
suirad
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