Weekly Signal ! (4 July - 8 July 2011)

Forexhaha Weekly Signal :

GBPUSD :
Buy at : 1.6116, take profit 10-12pips, no stop loss. (hit +12pips)
Sell at : 1.6029, take profit 10-12pips, no stoploss. (hit +12pips)

EURUSD :
Buy at : no signal at the moment.
Sell at : 1.4437, take profit 10-12pips, no stop loss. (hit +12pips)


longterm signal :
1. USDJPY to 81.70 (see 31 mei resistance line)
2. USDCHF going to 0.8545 (signal on 16june)


Update 5 July : while EURUSD can push back upwards to 1.4540, GBPUSD has sell order at 1.6046, take profit 10-12pips. Price moving slow since yesterday because of public holiday.
(GBPUSD hit +12pips)

Update 6 July : GBPUSD has a buy signal, take profit at 1.6125. For EURJPY, you can sell at 116.72, take profit 10-15pips. (EURJPY hit +12pips),

Update 7 July : buy GBPUSD at 1.6022, take profit 10-12pips. For EURJPY, enter sell at 115.32, take profit 10-11pips. (EURJPY hit +11pips)

Update 8 July : 1.buy GBPUSD at 1.6022, take profit 10-11pips. Next buy at 1.4394, take profit 10-11pips as usual. (GBPUSD hit +11pips)

2. GBPUSD has 1 sell signal and the target is 1.5910, but it has many buy signals towards 1.6470. As NFP news tonight, maybe GBPUSD going down and then we focus on buy signal.


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