AUDCAD Weekly Trendline

AUDCAD fast approaching trendling on weekly chart. 

GBPUSD Trendline Support

GBPUSD H4: Trendline Support. Make it or break it.

GOLD Channel

GOLD Channel. 

NZDUSD Daily Triangle

NZDUSD Daily triangle.

EURUSD Short Setup

EURUSD H4. Short setup, price touching upper channel. I entered short at 1.2580.

Grid Trading - Basic Concepts

Grid Trading is a type of Forex trading that attempts to take advantage of the natural back and fourth motion of the market by placing orders both above and below the current market price and "catching" profits as the market moves. The appeal of this type of trading is that the model requires almost no forecasting of the market direction. 
This benefit of removing the variable of price forecasting,

GOLD breaking the wedge

GOLD Daily: Breaking wedge. Looks bullish...

UPDATED on 22-Aug-2012: Looking to break lower. 6 continuous UP daily long candles. Stochastic over-brought as

Relative Change Indicator

This indicator calculates current price relative to previous 250 bars. I created this indicator to see the relative price change of 2 correlated pair e.g. EURUSD & GBPUSD. It helps in determining which pair (among the correlated one) is having more momentum. 

The difference buffer (histogram) gives the relative difference between the 2 pairs. There's a optional 3rd symbol also. 

Basically, I use it to see the relative momentum difference

EURUSD H4 Wedge

EURUSD H4: Wedge formation..

EURJPY Trendline

EURJPY H1: Price bouncing of trendline. Will go long on bullish close above this trendline..

GBPJPY Breaking Wedge

GBPJPY Daily: Breaking Wedge on top side. Looks Bullish..

EURJPY Resistance

EURJPY H4: backing off from resistance...

AUDCAD trade Setup

AUDCAD H4: Long/short trade setup on this trendline aproxx 1.0380/90

As excepted, price bouncing from the trendline. I went long at 1.0393.

USDCAD Long trade setup

USDCAD H4; Will go long if H4 candle closes above this trendline...

GBPUSD H4 Trendline

GBPUSD H4 trendline am watching...

EURJPY H4 Trade

EURJPY H4 trade. Fibo 50% should provide a good resistance. Also 96.40/35 has provided good resistance before as well.

EURUSD Short trade setup

EURUSD Daily short trade setup:

Price bounced off twice from 1.2450 area - providing a good resistance. Trade to short on any rallies towards 1.24 area with 1.2470 stop and 1.23 tp.

EURJPY Short Trade

EURJPY M5: Looking to short on break of this trendline.

NZDUSD Channel

NZDUSD H1: Price touching upper channel. I entered shortat 0.8212.

USDCAD: Trade for next week

USDCAD Daily: Good place to get long on touch of this trendline...

AUDUSD Good place to short

AUDUSD D1: Good place to short at touch of this trendline...

GBPJPY Daily Trendline

GBPJPY D1: Price bouncing from trendline. Better, will trade this on Monday..