Saturday, February 25, 2012
Tuesday, February 14, 2012
GBPUSD Daily and 60m Market Thought 15022012
GBPUSD remain bullish at the daily above 1.5470 check chart 2.
Short-term view 60 minutes chart pattern remain intact last sessions descendent channel, so ping-pong taders (sell at the higher of the channel and buy at the lower band) still working chart 1.
Suspect this is only another consolidation possible sideways/down will take few sessions after that and if key suport hold expect another push up first target 1.6120 possible extension to 1.6350 to resume this move.
Click to zoom in.
Short-term view 60 minutes chart pattern remain intact last sessions descendent channel, so ping-pong taders (sell at the higher of the channel and buy at the lower band) still working chart 1.
Suspect this is only another consolidation possible sideways/down will take few sessions after that and if key suport hold expect another push up first target 1.6120 possible extension to 1.6350 to resume this move.
Click to zoom in.
EURUSD Update 15022012
Click to zoom in.
Nice reaction from the lows after test key suport level.
Above 1.2950 will expect new attack 1.3240 key resistance area and later 1.3550-1.36.
Click to zoom in.
Nice reaction from the lows after test key suport level.
Above 1.2950 will expect new attack 1.3240 key resistance area and later 1.3550-1.36.
Click to zoom in.
Thursday, February 9, 2012
GOLD update Daily 09022012
New sell signal MACD but need confirmation at least close daily below 1720.
Click to zoom in
Click to zoom in
Wednesday, February 8, 2012
Tuesday, February 7, 2012
AUDUSD Daily Market Thought 07020212
AUDUSD Beas nothing change in last weeks,trend remain up.
Ascendent channel remain intact last weeks, higher band today at 1.0870`s and lower band of the channel 1.0630`s.
Resistance: 1.0775 above [1.0966,1015].
Suports: 1.0215 - 1.0380 - 1.0450 - 1.0524 - 1.0576 and 1.0672.
According with last monhts indicators RSI and MACD are testing resistance level ( good chances reversal near), but for now the last signal of both indicator buy.
In this markets conditions if you think that a push up 500-700 pips, in this case 900 pips is a good reason to open shorts and old until at some point reversal, caution... caution.
Be patience wait at least signal.... example check april of 2011 strong push up macd give a sell signal and reversal come. So be patience and remember trade what you see not what you think/suspect/want.
Click to zoom in.
Ascendent channel remain intact last weeks, higher band today at 1.0870`s and lower band of the channel 1.0630`s.
Resistance: 1.0775 above [1.0966,1015].
Suports: 1.0215 - 1.0380 - 1.0450 - 1.0524 - 1.0576 and 1.0672.
According with last monhts indicators RSI and MACD are testing resistance level ( good chances reversal near), but for now the last signal of both indicator buy.
In this markets conditions if you think that a push up 500-700 pips, in this case 900 pips is a good reason to open shorts and old until at some point reversal, caution... caution.
Be patience wait at least signal.... example check april of 2011 strong push up macd give a sell signal and reversal come. So be patience and remember trade what you see not what you think/suspect/want.
Click to zoom in.
Thursday, January 26, 2012
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