Battle of Luck

Entered AUDUSD trade on daily chart since yesterday.
Looks like long trade but today during Asia session AUD turn down and now floating 89pips with SL set at 1.0611 which is below pivot of 1.06226.
If it break this line by next Monday than it will go down all the way.
Else it should rebound and up again, overall weekly trend still looks Bullish for this pair.

Hopefully my luck is better on next week.

Update:
Trade closed with loss of 112pips.
Bad trade due to ranging market, learn from mistake.
Long reversal bar is caution!
BAd trade just part of trading.
Because there is no lose system as far as I concern.

As mentioned in previous post, USDCAD daily chart showing down trend and i open sell trade at beginning of new candle at 0.9565.

USDCAD Short

USDCAD H4 looking to continue its short trend.
Breaking its up trend line with PA breaking below the line.
Resistant will be at 0.96688 which will not break if down trend continue.
TP target wil be at 0.95640 region.

My open sell price at 0.96150.
Let's see how it will go...Stay tune


Update:

Trade close with 20pips profit.
Max profit can go further with Daily chart also showing down trend.

USDCHF looking bearish, which will continue its bearish trend since June 2010.

AUDUSD PA has break below average line which seem to give us short trade with around 40-60pips predicted.

System 38

Preview of my latest system 38

New System

I'm currently testing a newly created system.
This system work on higher time frame as i have no time to sit in front of my pc to monitor the trade for whole day.

H4 & D1 is the preferable time frame for me.

This system is called : System 38

I'll post some screen short in coming week while i still testing it.

stay tune:-)