Feedgy - Gav's trading blog, be inspired by good trades - Perseverance, Consistency, Confidence

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$BUND 10 Feb 2012

Setup

BUND is not the market that I am familiar with. I was just looking at the hourly chart, I thought it shows some interesting technical levels here.

Here is the …. CHART

$BUND 10 Feb 2012

Update 10 Feb 2012

I like the movement of BUND, whichwas almost technically prefect. I mean, it reacted well at the levels. I really need to watch this market closely.

Here is the updated hourly chart.

$BUND updated hourly chart 10 Feb 2012

$AUDUSD 10 Feb 2012

Just a quick note and chart about $AUDUSD. For short term trading, potentially, I am interested in going short if the level around 1.0685/1.0670 is broken.

Let’s see how it goes.

Here is the …..CHART!!

$AUDUSD 10 Feb 2012

Gav’s Recommendation:

$GBPUSD 07 February 2012

Setup

I was scalping some shorts at the end of U.S session, and decided to scrapped the trade with over 10 pips profit. It looks to me, cable might be preparing for another up leg. Well, it might be too early to make the call, I would prefer to stay away from any shorting idea for now.

Let’s see how it goes.

Here is the …… CHART!!!

$GBPUSD 07 Feb 2012

Update 08 Feb 2012

Cable broke out from the flag yesterday, and now I am looking at potential long opportunity at the pull back to the range of 1.5830/1.5860 with target around 1.6050.

Here is the… CHART!!

$GBPUSD 08 Feb 2012

$GBPUSD 03 February 2012

Here is the cable chart to update my last post. $GBPUSD forced through the resistance level, pulled back, and headed higher. It reacted at the problematic level, and the next Long target will be around 1.6040 if it decided to go further.

Let’s see how it goes.

Here is the …. CHART!

$GBPUSD 03 Feb 2012

$GBPUSD 25 January 2012

Here is the chart of cable with the levels I am watching. For the time being, I am looking at potential short near the level.

$GBPUSD 25 January 2012 Level to watch