UPDATE ON MY LAST ORDERS : STOPPED OUT ON LONG EURJPY (-130 PIPS)

 http://fxtradingproject.blogspot.gr/2014/03/update-on-my-last-orders-stopped-out-on.html

http://fxtradingproject.blogspot.gr/2014/03/news-orders-for-next-week.html

SHORT EURAUD HIT TARGET AT 1.4850 (+470 PIPS)

My trade hit in profit last Friday ,.  +470 pips

NEW ORDER FOR THIS WEEK - EURAUD SHORT AT MARKET OPENING

10.03.2014 UPDATE: OPENED SHORT  AT 1.5320




It seems that euraud has topped and it is forming a head and shoulder in the weekly  chart.  Macd cut  has given also  given a sell signal. As a result i will  go  short  0.1 lots at the opening  with s/l 1.56 and target 1.4850

WEEKLY

DAILY 

In the daily  chart below it seems  that it is ranging inside the  cloud. A clear  break below will  confirm the biginning of the downtrent.  A break above 1.56 and then 1.58 will  invalidate my assumptions 

UPDATE ON MY LAST ORDERS (STOPPED OUT ON SHORT USDJPY)

I GOT STOPPED OUT ON MY SHORT  USDJPY

I AM STILL LONG  ON EURJPY

AUDUSD ORDER EXPIRED WITHOUT GETTING FILLED

NEWS ORDERS FOR NEXT WEEK

1) Long AUDUSD 0.2 lots at  0.8840 with  s/l at  0.8790 and  t/p at 0.9150 and 0.9375 (pending orders) Good till  end of next week

2) Long EURJPY 0.1 lots at  141.30(stop buy )  with sl  at 140.30 and t/p 144

3) Short USDJPY 0.1 lots  at  101.50 (stop sell) with  s/l 102.80 and t/p 100.10

AUDUSD ANALYSIS

AUDUSD (downtrend exaustion)

It seems  that it has bottom. As it can be seen in the weekly  chart  below  we  have  a histogram bullish divergence and a bullish  MACD cut. Although  the downtrend seems still  intact i expect  a small  pull back to 0.8830-40 before another leg up  targeting  0.9375   

In the other hand, the daily  chart  has already indicated that dowtrend   is  exausted and   a reverseal  is imminent. The pair has  managed  to  break  above the ma's but failed in its first attempt  to break  0.9085 (a previous top) since the cloud wasw really  thick.  As aresult it has retraced before another attempt higher targeting the 200ma. Critical supports are  0.8846 (previous low) and  0.8820 (st)

My bullish  thesis  for this pair  will  be invalid if  we have a daily  close below 0.8820 and a weekly close below 0.8830

WEEKLY

DAILY 

END OF FEBRUARY P/L 530

Yesterday i  got  stopped out of  my  long USDCHF  . I still  have  my long eurchf positions and my long gbpusd