TRADE Signals

Ollie, I know you are sleeping now, but you'll get to read this:
What price and direction did you entered EAUD?
Also, I think you did good in exiting the GUSD short, its setting up for a bounce. THEN after the bounce, specially if there is a divergence, there should be a nice drop.

Sold Euraud @ 1.48457'. 9:50am here mate so I am up.

I am not going to make any trades today. There are a few you can take but I am not a big fan of friday trading. The volatility is not there for me and if you get entered the likelyhood of holding over the weekend is high, and that is not a good idea. I can post a couple of possibles though if you like.

go ahead and enjoy the weekend ollie. talk to you and let me know when u r ready

I am not going to put any trades on today because I don't usually trade on a friday. But here are a couple of possible trades that could work. I usually wait for one really good trade setup and just place more of a position and emphasis on that one trade as opposed to placing many trades but this is just to give you an idea of trade signals. I have not put a target on any of these trades but all have the probability of going to at least a 2:1. I usually close half of the trade after it reaches a 1:1. Some say this is bad practice but I find it helps with my trading psychology. Here they are:

GBPUSD - Sell limit @ 1.33392, SL @ 1.33765
EURUSD - Buy limit @ 1.11810, SL @ 1.11490
EURUSD - Sell limit @ 1.13305, SL @ 1.13580 (if it finds more supply from above)
EURAUD - Buy limit @ 1.47065, SL @ 1.46590
GBPAUD - Sell limit @ 1.75509, SL @ 1.76255
EURJPY - Sell limit @ 114.469, SL @ 114.850
USDJPY - Sell limit @ 100.765, SL @ 100.955
AUDUSD - Buy limit 0.75469, SL @ 0.74830

Thanks and have a good weekend.

Buy EURJPY at current market price 113.39 SL 60pips TP1 113.75 TP2 114.42

If I were to buy EURJPY I would be waiting for price to head down with a buy limit @ 113.247, SL @ 113.080

EJPY is not defined for me as some charts are bullish and other charts are bearish. I agree with Ollie that I would rather take a long at a lower level, but the stop will have to be wide as pipcenturion calls for.

There are no signals tonight. Market is in a very tight range. We'll see over the weekend.

Price will need to break 113.388 support to get to your entry.

PipCenturion, obviously support and resistance areas are not at the same levels for everyone. Feel free to post a chart or explaining why you though 113.388 was support.
Thanks

I meant to say in the chart that the indicator acted as resistance to the bounce up.

I've made money buying then selling EURJPY.

At the moment, I'm buying again.

Trading the currency market is so much fun!!

I have placed order EOD to sell my AUDCAD lot for a 50 pip profit and to cover my EAUD for 50 pip profit.
So exits on ACAD is 99948 and EAUD is 1.47148

Long GBJPY @ 132.470

closed @ 132.533 plus 62 points

My friend, can you explain how going long @132.47 and exiting at 132.533 gives you 62 points? I must have missed something in my math class because it gives me 6.3 pips, unless that is what you were referring to.

Well, there you have it guys with the EAUD trade. 50 pips profit
ACAD is kind of frustrating as it doesn't want to go up, but that is the tendency. Actually there might be a buy signal on the pair from todays action.

Sell EURJPY at current market price.
Target 45 pips
Stop loss 15 pips

PipC, that last recommendation was a loss, correct?