RDS Trader – Overtime

BY MICHAEL RADKAY

(5/31/2012 6:10:32 AM): good morning!
(5/31/2012 6:14:44 AM): have interest in the usdjpy (bearish bias) with resistance expected to develop near the 2L pullback area 7876 to 7886…currently i have a sell limit pending at 7886 and will adjust as the day develops…momentum side plays currently targeting the 7846 level
(5/31/2012 6:44:06 AM): usdjpy slides to 7846 level…pending sell limit now at 7866
(5/31/2012 7:03:26 AM): prices flipping counter…resistance expected 7866 initially usdjpy
(5/31/2012 7:47:36 AM): have sell limit pending now up at 9751eurjpy with move back to momentum side last 30min.
(5/31/2012 8:02:16 AM): resistance now at 7856 for initial pending sell limit…like the 7856 to 7866 area for key resistance usdjpy
(5/31/2012 8:17:35 AM): bearish momentum will remain intact with prices holding below key resistance at 7856 usdjpy and 9725 last resistance area eurjpy
(5/31/2012 8:17:57 AM): talk to you tomorrow!!
Futures, Foreign exchange (Forex) and contract for difference (CFD) trading carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary. The material on this website is intended for educational purposes only.
© 2012/ All Rights Reserved / RDS Trader LLC

BY MICHAEL RADKAY

(5/17/2012 6:14:21 AM): have interest in gbpusd (bearish bias) with resistance expected and sell limit at 15858 with a downside target of the session low to the 15783 level
(5/17/2012 6:18:38 AM): eurjpy not quite a 2L pullback at 10192…some initial resistance has been showing up there…2L pullback area is redline (50-50 feel)…
(5/17/2012 6:18:41 AM): eurgbp support expected to develop 8007 area but will need to see where it develops for any renewed long plays interest
(5/17/2012 6:52:51 AM): prices on momentum side and looking to test session lows for gbpusd and eurjpy…and session highs for eurgbp
(5/17/2012 6:53:42 AM): philly fed and leading economic indicators report in 10min
(5/17/2012 7:11:17 AM): sharp turnaround gbpusd…looking for resistance at 15858
(5/17/2012 8:04:57 AM): like gbpusd sell opportunity with a pullback to 15858 …also like eurjpy with a pullback to 10148 for a short play with the chance
(5/17/2012 8:17:39 AM): key resistance 15858 gbpusd …bearish momentum to remain intact with a hold below here…10148 key resistance for eurjpy and key support area 8022 to 8007 eurgbp
(5/17/2012 8:17:56 AM): talk to you tomorrow!

Futures, Foreign exchange (Forex) and contract for difference (CFD) trading carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary. The material on this website is intended for educational purposes only.
© 2012/ All Rights Reserved / RDS Trader LLC

BY MICHAEL RADKAY

All times Pacific Mike Radkay (5/10/2012 6:14:39 AM): good morning! todays reports: http://www.rdstrader.com/reports

Mike Radkay (5/10/2012 6:17:24 AM): not the best looking setups so far today with most coming in at the session redline; gbpusd expected support 16146 with an upside target of 16184
Mike Radkay (5/10/2012 6:18:40 AM): audusd support 10079 (wrong side of greenlines) with an upside target of 10166
Mike Radkay (5/10/2012 6:20:03 AM): usdcad initial resistance 10002 (wrong side of weekly – not qite a 2L pullback) ) with a downside target of the 4L range area at 9939
Mike Radkay (5/10/2012 6:20:53 AM): eurjpy expected support 10295 (redline) with an upside target of the 4L ange area 10415

Mike Radkay (5/10/2012 7:04:10 AM): audusd support 10079 and gbpusd support 16146 look the best for long plays…gbpusd not quite 2L pullback and audusd coming in on wrong side of weekly and session green
Mike Radkay (5/10/2012 7:28:14 AM): counter movement ….usdcad hitting 1L pullback area 10002…expecting some resistance but overall 2L pullback is redline….light if you take it

Mike Radkay (5/10/2012 8:13:21 AM): gbpusd approaching 16146 expected support…not quite a 2L pullback…careful with a fall below session red but on the upside looking for a retest of 16184 area
Mike Radkay (5/10/2012 8:14:29 AM): audusd expected support 10079 …targeting 10166…any long plays careful with a fall below 10050 session redline
Mike Radkay (5/10/2012 8:15:39 AM): usdcad on a 2L pullback at session redline 10023 expected resistance …50:50 coin flip feel
Mike Radkay (5/10/2012 8:15:58 AM): talk to you tomorrow!!

Futures, Foreign exchange (Forex) and contract for difference (CFD) trading carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary. The material on this website is intended for educational purposes only.
© 2012/ All Rights Reserved / RDS Trader LLC