"Stolid" manual trading system by Suirad - page 6

 

Nzd/usd

Despite the fact that Euro, Aussie and Pound is bullish, Kiwi is losing value against dollar massively. This is happening because of fundamental news. Pair did broke weekly support and is trying to break round support (0.9400). Further sell options at downward trendline / WS1. One short position is floating +110 pips.

Regards

 

Eur/jpy

EUR/JPY rised even more and bounced back from round number 116.00, which is also second monthly resistance. Price already dropped for 100 pips. However, in fact that the trend is bullish, we only look for buy opportunity. Buy limits at 114.85 and 114.45.

Regards

 

Aud/usd

While AUD/USD pair trend remains bullish, we only look for buy entries. Buy limit at support @ 1.0075. TP for 115 pips - 1.0190. Also, this level is first weekly support. For small scalp it is possible to open a short order @ 1.0200.

Regards

 

Usd/jpy

Sell limit of USD/JPY @ 83.04. At this level price made lower high at 4th of March. Also, this level is first weekly resistance for this week. SL - 10 pips. TP - 30 pips.

Regards

 

Gbp/chf

This currency pair has support @ 1.4890. Possible buy option here with tight stoploss. However, EMA(200) - down, next trend indicator - down, plus price respected downward trendline, which gave 2 sell signals this week. Sell option at that trendline. Targets - opposite signal.

Regards

 

Eur/gbp

Despite of bullish trend of this pair, we are trying to short this pair, because of seeing a bearish divergence. As You know, divergences is trading at tops and bottoms and mostly against the trend. For more conservative traders, wait for price to break upward trendline of 1H chart. Opened order @ 0.8642. SL - 0.8660. TP1 - 40 pips.

Regards

 

Usd/jpy

As catastrophes continues in Japan, JPY pairs struggles up and down. On Sunday market open USD/JPY suddenly dropped down for 110 pips and bounced on monthly and weekly support. While investors is willing for high money supply to Japan economy, we suppose bearish long term trend. Floating one short position from 81.90. And expecting to search for more short opportunities on this pair.

Regards

 

Gbp/usd

Mark this great support of 1.5977. From today (GMT+2) start GBP/USD immediately dropped for almost 200 pips and found support, rised for 125 pips. After making lower low and lower high currently we can notice bearish momentum, but as longer term remains bullish we can expect rising up if price will be able to break las high @ 1.6200.

Regards

 

Gbp/chf

Long term and short term bearish trend. Broken last support is expected now to become as resistance. Sell limit here @ 1.4890. In other case, if price will be able to break resistance, planning sell limit at downward trendline. While risk aversion can be seen in the markets, CHF remains one of the strongest currency.

Regards

 

Eur/gbp

EUR/GBP broke last highs at daily chart, EMA(200) is heading up and we can notice bullish channel on H4 chart is formed. Previous resistance is now turning to support @ 0.8635. Planning to open long orders at this support. It would be amazing for price to touch the point where support and channel lower line matches (see green arrow). Exit position if price brokes channel.

Regards