Good Day to You All

As discussed earlier, I am now short GBPJPY with the main trend. Because we are trading against the shorter term 15 minute 20 ma, I have moved my stop to 147.95 to reduce the risk on this.
Best Regards,

Hemal

November 23rd 2009 13:22 Posted to Uncategorized | Comments (0)

USDCAD – Monday 23rd November 13:15

Hi,

Ahead of CAD retail sales announcement in 15 minutes, I have removed my short order and will review price action following the release.

Will keep you posted.

Best Regards,

Hemal

November 23rd 2009 13:17 Posted to Uncategorized | Comments (0)

AUDJPY- Update Monday 12:30

Hi,

Just to clarify, I am looking for the silver cross on AJ to take a long position. I’d like to see it hold the 4hr 20. I’ll come back to it in a while.

Best Regards,

Hemal

November 23rd 2009 12:29 Posted to Uncategorized | Comments (0)

AUDJPY – Monday 23rd November 11:55

Hi,

AUDJPY appears to be supported above the 4hr 20. If this can hold coming into the US session, I’ll be looking for a long with a stop below 81.90. My target will be a test of trendline resistance and the 161.8 fib at 82.85.

November 23rd 2009 11:58 Posted to Uncategorized | Comments (0)

USDCAD- Monday 23rd November 11:55

Hi,

We have a 60 minute silver cross on the cards. I’m looking for a pullback towards the 1.0600 level to take a short with a stop above at 1.0640.

Regards,

Hemal

November 23rd 2009 11:53 Posted to Uncategorized | Comments (0)