#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.

#Update - EU Close Order

EURUSD H1 Chart

Since a bearish long legged doji appears at 12.00pm (GMT+8) next to the hammer, it would be bear after this.Waiting for another confirmation to make an entry.

#Entry - Long EU

EURUSD H1 Chart

Placing an entry at 1.3188 as buying EU.Target Profit(TP)=1.3226, Stop Limit (SL)=1.3165 with ratio 19:12.Since a hammer candle produced at EU H1 chart at 11.00am (GMT+8),it may indicates a reversal  pattern but it needs next confirmation candle.It also may produced corrective pattern since resistance at 1.3226 is tough,perhaps.

In the other hand,if it breaks 1.3165, next will be bear.

#Closed - EU 28.12.2012

EURUSD H4 Chart

My Target Profit (TP) at 1.3171 hit!The bull goes wilder by hitting the 2nd Resistance at 1.3196.Sounds sad but at least it already hit my TP not my Stop Limit (SL).That will be my last trade for this week.

Duration of trade: 10 hours.
Gain : +67 pips.

#Entry - EURUSD 27.01.2012

A hammer candle appears on H4 chart at 2.00 pm (GMT+8).It signs that EU to be bull till 13171 which carries 70pips in ratio 14:5 (win/lose) which lose carries 25pips.