Tuesday, June 2, 2009

02 June Trades: EURUSD, USDCHF, EURNZD






Entered long USDCHF at 1.0731: candles making higher highs, Psar below candle:
Shorted the EURUSD at 1.41188: candles making lower lows, Psar above candle:
Entered long EURNZD at 2.19140: candle turned white, Psar below candle

From now on I will be posting trades as I take them in real time
at

2 comments:

  1. SorinJune 2, 2009 at 11:28 AM

    Hey:)
    Dude, how do u interpret or read the AO oscillator as I saw you using it on a chart eurusd, h4?

    Good starting!

    ReplyDelete
  2. TradingForexProfitJune 2, 2009 at 2:26 PM

    Hey Sorin :)

    I sometimes use it for confirmation of an up or downtrend. When the candles are white(in case of an uptrend), and Psar is below the candle, then i use AO when it is green as a confirmation sign. However, i do not use it that much, what i mainly use is Heiken-Ashi, Psar and support&resistance levels

    ReplyDelete