Monday 9 May 2011

10th May ...



Having looked at the Forex Calendar at www.forexfactory.com, the announcements I'd be watching are for the Aussie, the New Zealand Dollar and the Chinese Yen.

The trade orders I have placed are on the EUR/USD, EUR/CAD and the CAD/JPY and pan out as follows:


Current position from tonight
Curr. PairDirectionEntryStopTargetP&LComment
EUR/USDLong1.44351.42491.4621--
EUR/CADLong1.39281.37821.4074--
CAD/JPYShort83.0783.9282.22--

The EUR/USD pair do not strictly meet the criteria, except that the price is bouncing of the 50EMA, and while the 5EMA has moved below the 20EMA, the 20EMA is still above the 50EMA.


Long on EUR/USD


Long on EUR/CAD


Short on CAD/JPY

Posted by at

9 comments:

  1. Anonymous9 May 2011 at 23:38

    Hi Nick,

    somehow I mixed up NZD with USD. I do not know why :(
    When I looked at the charts (23 oclock local time), I did not have any signals.

    good luck with the trades :)
    Klaus

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