Transaction of USD-CAD 16 August 2012

i made some mistake in this opening position case. i opened buy position impatienly so, i got floating minus this time. i assessed usd-cad would be up when the price had consolidation in the area that i think it was the trully support area. it was near from supply area but it was the wrong time to enter the market.

the weekly chart shown that it had already pull back for several times in the eclipse red zone area. so my decision was bias buy for this pair if i discarded another parameter like COT report, which shown that the non comercial trader that made long position increased in three weeks in a row.

now my plan is to lock the position loss and exit the position if the price have touch my buying position .

Finally, i close the position - 5 pips  /  - 0,3%

Cash Growth : 1%

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usd - jpy transaction 16/08/2012

this pair truly rally since 2 days ago, i admit that have came late to make some open position but, i search for next destinantion that probably happen. finally i make a decision to make op upper than the resistance line or in the level of 61.8% fibonacci. 

there 3 reason for me  to make open buy position, first the price  pulled back after visited the resistance line, second in the daily chart it show the demand area before ( the circle mark), it had already pass my border in the violet line.

my target is on the level 50% fibonnaci level or 60 pips from my open position and make pending order sell stop at level 78.90 36 pips for lock the position.

close the position +35 pips / ( +2%)

Cash Growth :  1% 

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Aud-Usd

this days, seems that aud/usd is trying to pull back to its resistance level which hang on 1.0585. my position that will be taken is short if the price have come to my secure zone  ( the long violet line). the near distance betwen its consolidation level to the 23.6% fibonacci line, make clear my decision to make some short.

the ralated news is unemployment claim of USA and ppi input data form new zealand which have strong potention influent the moving of aud/usd

Hopefully get a good selling spot tomorrow :)

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UJ 15/08/12

     usd-jpy is on the balance term, in my point of view it will not take a long time for the price can pass the violet square which i had drawn before since the spike that had been created, show that usd still have energy to pass the violet obstacle.
     the support is still strong enough, when the price came to the support line  ( black line) for the first time in 20 may 2012, it pulled back to the level 50% of  fibonacci line. for the second time it is back to the support level. here consolidation period start and this day the long bar chart  pass the obstacle.

i will buy this currency if the price have passed the obstacle level and it pull back  for 3rd time.

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