trade for 10/09/2013

Sell limit on GBPJPY at 156.11 with tp at 157.30 and stop loss at 155.49. Sma 5 on daily timeframe. while on I hr timeframe we wait for price to retrace to sma 20 at the open of daily candle. AusUsd buy limit at 0.9161 wit tp at 0.9316 and sl 0.9161.Sma 5 on daily timeframe. while on I hr timeframe we wait for price to retrace to sma 20 at the open of daily candle.

Weelkly analyse gbpusd Weekly candle close of last week indicate uptrend picking up on GU and we be looking to buy at 1.5600 with sl at 1.5513 and tp at 1.5774. We leave this trade to run for the week. Weekly trend for gold, eurusd and usdjpy seems uncertain so i would look for daily signals for thos pairs. DISCLAIMER: Nothing is certain

4/10/2013

My likely trade for today will be GU. Close of yesterday candle clearly indicates uptrend is to continue, so either i take my trade at retrace to 1.5309 or 1.5340 which will be a break of yesterday high. Still making my analyses using spgm system.

april 2

eurusd is good for seel sine on the one hour chart, two candle has closed below 20ema indicating the downtrend has resumed. tp is 1.2786 and sl 1.2883. lets see how it turns out by the end of the trading day

monday open trade

On the weekly chart EU is still downtrend and on the 4 hour chart candle open below 20ema, so we wait for retrace to the 20 ema before we enter our weekly trade. On the daily chart, EU open right on 5sma which is a good sign to sell directly, but since i dont like trading on the first hour of the first day of the week i will wait till europe open.

easter day forex trading

Today market was really light due to the holiday, but if you check the daily eurusd is still on downtrend. I will probably been giving analysis mostly on eur usd, but if anyone need anyother pair to be analysed please just request.

spgm system

the link below is for spgm system ebook. I will be placing daily trade on this blog for now on based on spgm system. Hoping to have a nice time and profitable trading as we begin on monday. https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&ved=0CF0QFjAE&url=http%3A%2F%2Fwww.forexfactory.com%2Fattachment.php%3Fattachmentid%3D501741%26d%3D1278170535&ei=iblVUcycJYO50QW8y4DYAQ&usg=AFQjCNFb3UbNG1kC6BmoL-jbIDXh3LFAEw&sig2=hGMKntJjJLLX8JRBl7rapQ&bvm=bv.44442042,d.d2k