Good morning everyone.

Wow wow wow !!!

What an awesome week we had so far. Loads of pairs triggered my entry areas I called on Monday and Tuesday and o boy did they give us home runs !!

WE HAD A 1000 PIPS ON THE TABLE SO FAR THIS WEEK……………….

and the best part of it all is that we still have 3 days of trading left for the week.

Did you miss the moves?

Let’s have a look:

1) Euro/ Dollar on 4 hour chart:

Our counter short from the WR1 pivot and psychological level at 1.0900 is now at the profit take area in our Earth and Sky long zone giving us almost 100 pips. We hitting key support as we are now at the 200 and 55 EMA`S at 1.0792. We need solid support here before we can look for longs again.

2) Euro/JPY on the 4 hour chart:

Price found resistance at the weekly main pivot,55 EMA and 38.2 fib this week twice. Current 4 hour candle is dropping so if you in a short profit take at 119.80 and then 119.33…….this one gave so far 60 odd pips.

3) Euro/GBP on the daily chart:

Here we found support at the 200 and 55 EMA`S at 0.8620 where after we had a nice bullish move that gave almost 100 pips. Be careful now if you still in a long. The negative correlated GBP/Dollar is at a key support level. If it jumps from here then this pair can pullback

4)  GBP/Dollar on the 4hour chart:

Our counter short from the WR1 pivot and psychological level at 1.2600  is now at the profit take area in our Earth and Sky long zone giving us almost 200 pips. We hitting key support as we are now at the 200 and 55 EMA`S and a WS1 pivot at 1.2390. We need solid support here before we can look for longs again.

5) GBP/JPY on the 4 hour chart:

Our Earth and Sky short from the 50% fib and 55 EMA reached our profit take this morning at last week’s low giving us a 130 odd pips. My thinking is there is still room to the downside and I will only re look to counter long from the WS1 pivot at 137.25.

6) Aussie Dollar on the daily chart:    

Naughty boy for the week. On Tuesday it looked like the daily candle broke the support EMA`S to the downside…..but we closed once again with a bullish candle on above the support levels again so I just don’t have the feel for this pair at the moment and will leave it alone.

7) Aussie/JPY on the 4 hour chart.

Our counter long on the 4 hour chart from the DAILY 200 and psychological level at 84.00 is now at the profit take area at the 38.2 fib at 85.33 as we also have the weekly main pivot and Bollinger band here giving us 130 pips.  We hitting key resistance now as we are now at the 38.2 fib and 55 EMA and weekly pivot point. We need solid resistance here before we can look for shorts again.

8) Dollar/JPY on the 4hour chart:

Price pulled back nicely and we are at a key resistance level as we hitting the daily 200 EMA and weekly main pivot and 4 hour 34 EMA at the 38.2 fib at 111.17. We need solid resistance here before we can look for shorts again.

9) Dollar/CAD on the daily chart:

Price found support at that 38.2 fib at 1.3322 and gave 80 odd pips till now. That 38.2 fib will still stay key support on this pair. If it breaks for some reason then I will re look to long from the roadblock at 1.3236 where the daily 200 EMA is camping out.

10) USD Index on the 4 hour chart:

Our counter long on the 4 hour chart from the WS1 pivot and psychological level at 99.00 is now at the second profit take area at the 55 EMA in our Earth and Sky short zone at 99.90  giving us 100  pips.  We hitting key resistance now at this 55 EMA. We need solid resistance here before we can look for shorts again.

HAPPY PIPPING FRIENDS !!!

Pierre