May 2016 - Forex Trading Strategies

Published May 31, 2016

GBPAUD in profit 200 pips within 12 hours

GBPAUD win 200 pips within 12 hours. Celebrate the win.. 🙂

Published May 31, 2016

GBPAUD Sell Opportunity

GBP showed topping in GBPUSD, and if we see GBPAUD, the reversal is already mature.
I take opportunity to sell GBPAUD.
at 2.0253
SL 2.0313
TP 2 ( can be more if it is broken).

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Published May 30, 2016

USDCAD break up trend

USDCAD confirm break its uptrend
buy USDCAD at 1.3082
SL 1.3042
TP 1.3160 (at least)

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Published May 29, 2016

EURUSD Sell re-entry on Friday

Forex Trading of EURUSD has correction on last Thursday, but I do not change my long term trade for this currency pair. — downtrend.

I was entry at 1.1174
SL 1.1204
TP many

In profit 62 pips. It is locked to break even. Break even for me is +3 pips (not really 0 profit).

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Published May 29, 2016

Next Week 2016 May 30 to June 3 Forex Analysis

Next week possible entries:

I am still agree with this EURUSD Sell, NZDUSD Sell and AUDUSD Sell and EURGBP Sell. I think this currency are still performing well for long term downtrend.

For GBPUSD now it is on double top. the last movement it might be a down movement, but still not confirmed yet. I may leave GBP a while

USDCAD was interrupted its bullishness after Bank Of Canada meeting. The strength of CAD has showed (Downtred of USDCAD), but still not confirm who will win if fought with USD. I will leave USDCAD aside at the moment.

I prefer to have currency with strong + weak combination, for the maximum outcome.

EURCAD might be one of the candidate. EUR Weak, and CAD Strong.

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Published May 24, 2016