GJ broken the trendline i drew juz now. Pivot line would be the point for it right now. If break thru, then TP at support 2. support 1 not very valuable for me. THis is a short trade, juz take some pips over here, DMI CCI and MOM is agree for short now.

1) I will take GJ long if it unable to break pivot.
2) Or valid from support 2. We shall see first. Situation wil be changing in time to time

Note: Trade at your own risk, what you see is what you get (Take your trade from what your chart is showing you). This is not a valid signal provider. Juz an opinion from me.

@lowyat and small jeff
Youboth more experienced over here. I juz wish to ask, UJ and EJ, which one more volatile? If iwan topick one of this two. Which should i go? I wish to trade it in 15m TF. Not under long term trades. Which one makes easier for you?

For my own opinion:
UJ nice to scalp. Cause so far, i see the candle like one red one blue. Movement wont be as big as EJ.
EJ volatility quite ok. WOnt too high for me. But currently the price at very high level making me worry.

SO, i need advice from you. Cause i gonna suit my short term trading for either of the pair. I going the test a new setting specific for one of these two pair. Plz advice me, which pair to choose.

This post has been edited by mphpopular: Jun 26 2008, 11:48 PM

lot of chart tonite, i have to study one by one....


#wanna ebullion, pm me member2 best rate..

hm...just my opinion lar...

UJ is more volatile... i trade on EU, UJ, GU and EJ. Usually EJ is the least i can trade on because i only trade on higher high or lower low (bad experience from trading within consolidation period). However, when EJ is moving out of consolidation or its range bound, the movement is rather large, up to 100 pips per hour. UJ usually move about 30-50 pips, but consolidate less which suits best for me to scalp..

Anyway, that's my view only on 1H chart. dont really know bout the movement on 15min TF hope it helps

@lowyat:
IMO, it'll most likely turn around at 168.39...if it's a minor correction, it'll be heading towards 167.71

This post has been edited by small-jeff: Jun 27 2008, 12:46 AM


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@small jeff
For my opinion. It will turn around in 168.00 -168.10 area. That is my point la... Hehe. And 168.15 is a important support for my fibo...

@normeck
You sure smiling now, as i said to you juz now. Now the dailypivot broken. But be reminded, gJ most stong support is 211.60 and 212.05. support 2 wont be a problem. U better jaga your GJ trade. Dont simply go sleep only..

UJ seem like achieving my long term target. Glad to see it. There will be a free fall until 106.65 for me. And will turning around then to 160.50. From that point. UJ bull run shall started. Shorting 107.65 since 19JUne2008.

I regret why i did not trade my long term strategy on real. My UJ have short for a week (demo). Now the demo account laugh and say my real account stupid. Damn...

@small jeff again
I saw ur point in UJ. I think UJ movemnt is smaller than EJ now bcoz EJ juz break thru a trendline laz week. While Uj still in a small channel...

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Added on June 27, 2008, 7:59 amFor me, UJ EJ GJ now all under retracement mode abit. Later akan jatuh to my TP...Hehe

This post has been edited by mphpopular: Jun 27 2008, 07:59 AM

morning!!!....thankz..to GJ....pagi pagi sudah tutup 65 pip...

now waiting for another signal....

trust your chart and read it wisely....

errmmm... it depends on wat wave n movement it intends to make.. for now, UJ is more volatile than Ej though... it may change later...dats 1 of d reason y some tradin system works for certain time n vice versa.. a good system can withstand all kinds of test..

UJ and EJ...lets see whether this bearish flag could fail or not..lets see what happens by 4pm

@mph:

god like... u spot on at 168.0

wa... good for u..huhuuh....


EJ will make a new high soon, mayb 1-2days... finger crossed!!

GU crumbling south soon..

yar... mph not calang calang punya olang oo...


@mphpopular,

wats d next possible support?

Lunch break. Now curi curi take some time to see chart. No money go eat lunch. My short GU touch my Trailing sL. end wif -2pips. I will try post some chart later.... Now still viewing thru... Sedang fikir something

Sorry i got to go now. I cant post any chart that i have printscreen... Sorry. Today no time for me to trade. Super busy, and you cant get me over skype and msn also....

Juz to say. Try to draw fibo in 15m chart from top to bottom. You will see the price stop at the pivot / resistance 38.2 atau 50.
This apply to EJ GJ and GU.. kalau dia lepas itu halangan. Then good. Sorry ya guys

This post has been edited by mphpopular: Jun 27 2008, 01:34 PM

next stop ar...i believe it'll be at the 50% level at 167.54...

mph:
you drew your fibo like this?

hmm...however, the bear flag seems to be failing...


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yeah!!!!!


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On the long term basics, everything against USD is speculated, now USD have hold rates, i have beginning to be nervous to long at this high level for euro. Becareful on ur longs.

haha..grats man.

Yen sure had some good boost...

hu hu..gj drop...
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#this week trial

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This post has been edited by jebonen: Jun 27 2008, 04:33 PM

Japan has newly form inflation, which allow speculators to "THINK" there is a possibility of Japan Rate Hike.

In fact I am picking 1 cheap Carry trade long now, took one NZD/JPY long to get good roll money eveyrday. 8.25%-0.5% = a lot of roll diff.

besides, base on the current price action, the euro is more likely to go up.

And the ECB rate hike is the thing u should be worry if u are shorting.

This post has been edited by billytong: Jun 27 2008, 04:19 PM

yerp dropping now , current 200 pips , and it will drop more in TF4H

ok follow sifu,
EU VS GJ... then eu UT superb

today streamyx very slow.......