With The Trend - Only and Majors!

Trading with the trend might be a good idea. Lets have a look at the following pairs. I have highlighted major resistance and support levels for these pairs. Go long at support, and short at resistant. Preferably WITH the trend (check the slopes of the trend lines).

EUR/AUD - Around the support region right now, with resistant line around 1.7500 region, there is a potential of 1.2k pips move on this one, probably in about a month.

EUR/CAD - entry would be at major support line.

EUR/CHF - has a resistant line coming up, short could produce 500 - 900 pips (not too clear on the support line just yet).

GBP/CHF - also at a major resistant level, with profit target above 1k pips.


I must have had too much coffee this morning to come up with such pip targets! Too greedy? Nah, just letting the winners run if I can... lets see where these go to.