Minyu2Fx

Monday, January 5, 2009

Trade: Closed EU 51 Pips

I trade EU today at the following signal shown in the picture below. I forgot to put the limit order actually, but I enter near the 30 EMA after the price touched the 30 EMA. I set my target at the previous low which is 51 pips with Stop Loss level around 1.3985/95.

On H4 chart, the pair has break the 38.2% Fibo retracement level (yellow Fibo) and almost reach the first target at 50% retracement (yellow Fibo) 1.2328 to 1.4718. On daily chart, the price cross below 30 EMA at the moment and we'll see if the 30 EMA can provides strong support. The weekly chart suggests that the down trend has resumed after price touched 50% Fibo retracement (red Fibo) of 1.6037 to 1.2328.

H4 Chart

Daily Chart

Weekly Chart

Saturday, January 3, 2009

Beware of This Liberty Reserve Notification!

I got these spam in email said to be from Liberty Reserve, but it is not! The email told me that my account is blocked and I should follow the link to unblock my account. It is a kind of phishing maybe, I don't know. "phishing is the criminally fraudulent process of attempting to acquire sensitive information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication." source: Wikipedia.

For anyone who have the same mail, please don't click any link. The LR website says that any email from LR must contains the name of the account holder (your name). In addition ,the email account where I got these spams is not the one I use for LR. I do not know how to stop those spams and it keep coming. The latest is today. There is a phishing filter software if I'm not mistaken. I attach the picture below.

Trade: Closed EU 225 Pips

I sell EU on 30 December after it touched 30 EMA. It went sideway until the next afternoon and almost closed above my SL level. The picture below shows my entry and exit point. I closed the position immediatly after FxPro server open again yesterday at 2 PM server time with 225 pips, a nice result to start the new year;) The pair goes sideway again for now.

I got an entry signal actually from GJ but Marketiva is closed until Monday. I can close my position but I cannot open any. GJ touched the 30 EMA after it breaks the TL (purple TL) on 31 December. QQE also has cross 50 level. The setup is shown on the picture below.