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Re: MACD&RSI

by: macd & rsi
GBP/AUD :: weekly bullish trend line and RSI above 50 C.L.,,,, daily bullish channel (light blue channel ) ,, h4 : near the daily trend line ,, near the 61.8% fibo ,, If price break the H4 bearish trend line ( khaki bearish trend line ) and take buy alarm ,, then buy for 1.85 ,, 1.87 ,, until it wi...

Re: MACD&RSI

by: macd & rsi
after price reaching 1.1450 , you can do break even , I mean move stop to entry point . but I myself do not do that . Hit the stop OR Hit the target . :) ====================== nearly , half an hour later , we have a great news from CAD , May be it has a retracement to 1.3020 , the lower border of b...

Re: MACD&RSI

by: macd & rsi
EUR/USD does not show enough energy for going high . I close that order with +30 pips , and have buy for 1.1370 , st @ 1.134 , tp @ 1.1510. It's very risky position , If can not manage it , sell EUR tp @ 1.13 . ==================== USD/CAD act very nice last night , and reach the lower band , If sys...

Re: MACD&RSI

by: macd & rsi
thank you Jimmy :) Dear moey_dw , if we have a general analyses on EUR , it is bearish , may be lower than 1.13 , but when and how we could sell it , completely depends on trader's system trading and his money management . If EUR reaches a resistance and shows weak energy , yes I sell it , But marke...

Re: MACD&RSI

by: macd & rsi
EUP/USD :

it shows a good divergence on both indicator ,, price is far from trend line , price wants always to move around trend line , so market expect price goes to 1.1450 and 21EMA DAILY ,,

I have a buy order , with 1.1290 stop , and 1.1450 target .

AUDNZD @ 1.090 may be a sell limit .

Re: MACD&RSI

by: macd & rsi
EUP/USD : it shows a good divergence on both indicator ,, price is far from trend line , price wants always to move around trend line , so market expect price goes to 1.1450 and 21EMA DAILY ,, I have a buy order , with 1.1290 stop , and 1.1450 target . AUDNZD @ 1.090 may be a sell limit . EUR/USD r...