Result: 16/12/2009 AUD/USD Free Time Signal

How Yesterday's Signal Could Have Been Traded

Price was being resisted by the weekly low and with the strong downtrend for the past few sessions it was only right to take short positions.

But the 30min chart formations were not clear enough for us to take any new short positions. On the other hand, looking at the 1hr chart, a short could have been taken at the break of the spinning top low which formed during the first time signal at 14:00 GMT and would have yielded a 100+ pips by now.

16/12/2009 AUD/USD Free Time Signal

Today's Aussie Reversal/Pullback/Breakout time signal for intraday trading is at:

1. 14:00 GMT (+/- 30min)

2. 15:30 GMT (+/- 30min)

3. 18:30 GMT (+/- 30min)

Click HERE to learn to trade these signals.

Happy Trading

Result: 15/12/2009 AUD/USD Free Time Signal

(1) Following the bullish stochastic, a Buy would have resulted in a loss of about 15-20 pips, of what had been a pullback. (30min chart)

(2) An engulfing pattern appeared 2 bars later giving us solid Sell signal along the major trend which if had been held until now, would have netted an 80+ pips profit.

(3) Another Sell was triggered at the second time signal after price broke down the low of a spinning top. A 60+ pips profit if taken, and still on the go.

Immediate support levels are at 0.8980, 0.8950 and 0.8920.

Happy Trading

15/12/2009 AUD/USD Free Time Signal

Today's Aussie RPB time signal for intraday trading is at:

1. 15:00 GMT (+/- 1hr)

2. 23:30 GMT (+/- 1hr)

Click HERE to learn the setup.

Result: 14/12/2009 AUD/USD Free Time Signal