Sunday, March 31, 2013

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.

Friday, March 29, 2013

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