happyfxgirl
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GBPUSD EURUSD Night Analyse – 2 April 2010
Non Farm Payroll will released by 8.30pm
Method1 – Breakout
GBPUSD - Breakout Strategy
Long - EP{1.5318}, SL {1.5291}, TP - 1.5413
Short - EP {1.5201}, SL {1.5243}, TP – 1.5068
EURUSD - Breakout Strategy
Long - EP{1.3628}, SL {1.3591}, TP- 1.3743.
Short - EP {1.3491}, SL {1.3533}, TP- 1.3378
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.
Method 2 - Aggresive trader
GBPUSD Sell - EP “1.5290”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.5323}, TP {1.5178}
Enter pending order for opposite direction
Buy High {1.5323}, SL {1.5291}, TP{1.5413}
EURUSD Sell - EP “1.3590”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.3633}, TP{1.3468}
Enter pending order for opposite direction
Buy High{1.3633}, SL{1.3591}, TP{1.3743}
Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.
Method 3 – Retrace {TP:50-80pips}
Buy low trader pays attention to the major line of
GBPUSD {1.5450, 1.5100}, EURUSD {1.3750 – 1.3400}.
SL=28pips, take profit and keep.
MSN: happyfxgirl@hotmail.com
Non Farm Payroll will released by 8.30pm
Method1 – Breakout
GBPUSD - Breakout Strategy
Long - EP{1.5318}, SL {1.5291}, TP - 1.5413
Short - EP {1.5201}, SL {1.5243}, TP – 1.5068
EURUSD - Breakout Strategy
Long - EP{1.3628}, SL {1.3591}, TP- 1.3743.
Short - EP {1.3491}, SL {1.3533}, TP- 1.3378
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.
Method 2 - Aggresive trader
GBPUSD Sell - EP “1.5290”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.5323}, TP {1.5178}
Enter pending order for opposite direction
Buy High {1.5323}, SL {1.5291}, TP{1.5413}
EURUSD Sell - EP “1.3590”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.3633}, TP{1.3468}
Enter pending order for opposite direction
Buy High{1.3633}, SL{1.3591}, TP{1.3743}
Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.
Method 3 – Retrace {TP:50-80pips}
Buy low trader pays attention to the major line of
GBPUSD {1.5450, 1.5100}, EURUSD {1.3750 – 1.3400}.
SL=28pips, take profit and keep.
MSN: happyfxgirl@hotmail.com