From the four hour chart below, it seems Euro is running south to touch the 1.0820 support area and will bounce back from that zone to taste the resistance at 1.1030. This trade is worth taking!
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The Aussie Yen price has been bounced back from Weekly Central Pivot (WPP), with the Stochastic in overbought zone. So we would like to wait for the pull back, specifically we need to see Lower High before entering the Long Trade. I took a Fibonacci of the current up move. My BUY ZONE is somewhere between Fib38.2% – Fib61.8%. Notice there is Daily Central Pivot (DPP) at 90.22. As usual, we need to confirm the reversal price action before entering the trade. My target will be Fib138.2% – DM4 (91.…
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I've just opened a trade on AUD/JPY long. This is a medium term trade setup, where the risk to reward looks promising. I am unable to post charts due to some error by blog. Looking at the daily chart of AUDJPY, we have confirmed 89.50 level is a rigid support, after observing Double Bottom. I would like to consider Long entry for this pair. < Imagine here's a 4 hour chart of AUD/JPY > Aggressive entry will be right after Higher Low. You could wait for Higher-High, followed by Higher-Low, as an e…
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keshav 
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