07012013 - Holding a sell position

Looking for its next moves.

#Breakout Retest 1

EURUSD 3Omin Chart

EU Breakout Retest above TL


Condition:
Price Action (PA) shows 30min TF closed above the TL and EU continues its journey as the TL breaks.

#Non-Farm Payroll (NFP) EMployment Change

The NFP released one in a month, mostly on Friday and announced by The Bureau of Labor Statistics. Today's NFP released as 200K higher than predicted (150K). So that, the dollar have the high impact. Just after the announcement, EURUSD moves sideways, then after hitting a resistance at 1.3183 the EU turns.Normally the high impact will occurs in 2 hours range.The next released is on 9 March 2012.

#Entry - GOLD

GOLD Daily Chart

FXCM
Leverage = 1:500
Lot size = 10
Margin required = $40.00 
Gain per 10 pips = $1.00


InstaForex
Leverage = 1:100
Lot size = 0.1
Margin required = $174.10
Gain per 10 pips = $1.00

#Entry - What it should be next?

EURUSD H1 Chart

As double hanging man produced in H1 chart,what is the market's next moves? Entry at 1.3113 and placed TP at 1.3116.

EURUSD H1 Chart

Proven : Long.

#Closed - TP hit.

EURUSD H4 Chart

Entry at 1.3164 and closed at 1.3096 as Target Profit (TP) hit.


Gain = +68 pips.

#Entry - Pending Order Executed

EURUSD H4 Chart

A pending order executed as EU breaks 1.3165 and predicted to bear until the next support level 1.3096.As the strong moves EU,the Stop Loss (SL) will be determined time to time as corrective pattern to be produced.


Target Profit : 60+ pips.