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
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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.
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