May 16

SDS New Signal 16th, May 2013

EURJPY long

This pair is on its way back to the trading zone (yellow box). Once price hit the weekly pivot (WPV) at 131.00 round number look for long trades. The stochastic should roll over to the upside first. Place SL at 130.80 and the TP at 132.50.

2013-05-16-EURJPY

May 02

SDS New Signal 2th, May 2013

Shark’s Daily Signal

USDCAD long

This is a trade from the daily timeframe (D1). The $CAD stopped it’s downmove exactly at the 200 EMA which is also the 50.0 fibonacci level (yellow area). It started to move up from that level. As soon as stochastic is crossing, you can look to enter a long trade. Put SL below the 200 EMA (>40 pips). TP is the 38.2 fib level.

2013-05-02-USDCAD