"Stolid" manual trading system by Suirad - page 7

 

Aud/usd

After a sharp drop to 0.9700 price immediately bounced up and now meets downward trendline.

Trying to open some short positions here and expecting for price to retrace down to support 0.9970.

Regards

 

Gbp/usd

Firstly, see red arrow, what a great short entry at upward trendline + round number 1.6400, which is new high from February 2010. Missed this entry.

However, trend is bullish, looking for long entries. First one @ 1.6240, where last support and Fibo 61.8 matches. Second at last resistance and round number @ 1.6200.

Regards

 

Usd/chf

suppose to short this pair at channel upper line. Currently our sell limit @ 0.9150. It can be changed when next candle opens. Exit position if candle closes above channel upper line. Target - all-time low - 0.8900.

Regards

 

Aud/usd

As price keep rising, currently there is only 30 pips left to 1.0200 level. Look chart, how nicely price was rejected by sellers at this level. Sell limit @ 1.0200. SL - a bit above. TP - 0.9970.

Regards

 

Eur/gbp

Possible bearish divergence is forming after a bounce from channel upper trendline. Sell order @ 0.8812. TP1 - 45 pips. Exit all positions at 0.8720 / channel lower trendline.

Regards

 

Aud/usd

When price broke 1.0200 resistance, traders supposed this level to become as support. Buy order a bit above @ 1.0203. How expected price dropped a little and buyers noticed this. Price is rising. Unfortunately, order was not executed. Damn.

Regards

 

EUR/USD and EUR/GBP

Opened both positions at support in a bullish channel. Target - channel upper trendline. Will keep half a position with trend - trailing stop with swings of H4 chart. Exiting positions if candle closes below channel lower trendline. Notice on EUR/USD: weekly downward trendline is near. EU @ 1.4054. EG @ 0.8763.

Regards

 

Usd/chf

Closed half position at support near upward channel lower trendline @ 0.9140 for +120 pips. Second short closed at 0 pips (see chart). Left other half from 0.9260 for bearish trend continuation. Will trail it with swings.

Regards

 

Aud/usd

Pair in a bullish channel and approaching upper trendline. Sold @ 1.0365. First target - 50 pips. Stoploss moved to breakeven. No risk, because of bullish trend. If first target hit, will trail other half with swings to channel lower trendline. Currently floating +30 pips.

Regards

 

Usd/cad

Trend continues being strong bearish. ZMFX Forex Trend v3 indicates all red directions on USD/CAD daily chart. So, looking for only sell options. Price broke support and fell, and now we expect this level to become a resistance. Sell limit @ 0.9680.

Regards