shovon's Blog
4th October - GBP/JPY
we see a continuous selloff in gbp pairs all across. and in gbp/jpy after a sharp decline price bounce back from 130.30 so i will sell gbp/jpy in resistance around 130.85 and target profit 130.40.
3rd October - GBP/USD
From market open we see a strong selloff in gbp/usd. so in my opinion current thrust up is just a correction and after the correction is done market will resume its sell again . entered the market with a pending limit order @1.2880. target profit at least the current low 1.2850 .
March 2: AUD/USD - 15 Minute chart
Current aud/usd price is in a ascending channel. Channel trading is always my favorite . so i will go short from the upper channel line with a pending order around 0.7264 . and take profit is on last support level 0.7210.
March 1 : GBP/USD - 1 Hour Chart
Gbp/Usd is in a ascending channel on 1 hour time frame. Major resistance is around 1.4020 which is also the upper bound of the channel. price has already touched the upper channel line 3 times and then come back to the channel. so in my opinion 1.4020 is a good place to short gbp/usd. take profit around 1.3920 the closest support level . and the major support is at the bottom of the channel .
12th August - GBP/CAD - 1 Hour Chart
Today's trade on gbp/cad. Some range is going on gbp/cad, lower limit 2.0250 and upper limit 2.0390. price has bounced couple of times form this level up and downs, now it has bounced from lower limit of the range. So i will enter long trade on gbp/cad with a stop order after it break the minor resistance around 2.0320 . target is around the upper limit . and if price breaks the level in down side then the trade setup invalided .
11th August - USD/CAD - 15 Minute Chart
Yesterday my Gbp/usd trade hit a 100 pip stop loss. Al most all of last weeks gain has gone. So i from now on i will trade with a much tighter stop loss.
today's trade is on usd/cad. price has bounced from support 1.30(leveled C) for couple of times. its a bullish sign. now i will enter the trade with a stop order above the recent swing high which is level as A around 1.3105. my target profit around 1.3175 leveled as D ,Stop loss 1.3040 leveled as B (the last support zone).
today's trade is on usd/cad. price has bounced from support 1.30(leveled C) for couple of times. its a bullish sign. now i will enter the trade with a stop order above the recent swing high which is level as A around 1.3105. my target profit around 1.3175 leveled as D ,Stop loss 1.3040 leveled as B (the last support zone).