Posted on August 7, 2008 at 1:24 in New Trade Idea by Rob Booker1 Comment »

Not many of you can even see this pair on your trading platform; I am getting ready for a possible trip to Signapore to do a seminar, and I’d like to update this pair more often to get myself ready, and to put the pair in your mind as a possible pair for trading (if your broker offers it, of course).

Here is the 4 hour chart, showing a nice baseLine:

08062008_usdsgd

And here is the 1 hour chart.  If the pair can close below this blue EntryLine, then I would be willing to sell the pair, with a target of the BaseLine.

08062008_usdsgd_2

Tags:

Posted on July 9, 2008 at 18:17 in Trade Idea Result by Rob BookerNo Comments »

Yesterday we did a webinar on support and resistance for FXStreet.com and we talked about the Singapore Dollar, which is my new favorite (and untradable) currency pair.

Here’s the break of the blue line down to the green line.  It doesn’t matter what you look at — the USD/SGD, or JPY, or GBP, or HBO — the same system is going to work in much the same way, all the time.

07092008_usdsgd

Tags:

Posted on July 1, 2008 at 18:06 in New Trade Idea by Rob BookerNo Comments »

There are, for sure, no traders who read this blog who trade the SGD.  But I could not resist.

Sgdtrendilne

This is a regular old trendline trade — the close we see above this blue line will probably take us to the green profit line.

And the cat.

07012008_usdsgd

Tags: ,