frm the monthly chart , i still think EU will still go lower. if you take the lowest swing low to highest swing high. EU already broken the 23.6% retracement. the first support will be @ 13664 , i see a resistance turn support at that level

sifu, help me see my countin correct or not ^.^

what counting lowyat82?
GU will continue to go up or down? =/ hmmm

For EJ and EU only:-

1) The EJ chart I posted is outdated already. But if you open up your chart and see, you'll see the price already reach the Fibo 161.8 there, another posible of resistance

2) EU facing the trendline resistance.

There's the reason I didn't want to take any short on Eur now coz both EU and EJ having resistance.

Wait for EU to break the trendline to form the bump and run formation, or bounce back by the trendline.


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I am heavy short on EU, thanks to this rise up, but probably Caution and pull the trigger if the bull confirm.

at what level you short,i have not see my trigger point yet. what time frame you trading. i am on hourly

i find that USDJPY is a safer short option b cos it hit 61% retracement level

This post has been edited by r326196: Sep 12 2008, 08:49 PM

4109,4102 as of now, I hope I wont pull my trigger if the bull is confirm.

Time frame, Daily, 60min, 30min, 15min, 5min, 1min. I look everything b4 I enter my trade.

This post has been edited by billytong: Sep 12 2008, 09:13 PM

i shorted USDJPY 106.94 will exit at 10670 hit.closed

This post has been edited by r326196: Sep 12 2008, 09:32 PM

careful on shorting in EU...the bear may have ended

I am closing my shorts today for minor profit on the break of 4100 just now, i dont quite like the price action. There is little sigh of strong bear.

This post has been edited by billytong: Sep 12 2008, 10:08 PM

huhu...come bc from goin outside..

guess my countin is wrong.. but y??

all total losses amountin to 52%... lol

i need a break.. T.T

agree price action is stalling. by the way it have not break the support trendline.c

Still holding my GJ LONG since 189.92.

thats mean ur have 200 pips...huhuh!!....

This post has been edited by normeck: Sep 12 2008, 11:07 PM

+203 pips now. But forgot to tell u something.. That day Monday GJ loss 200+ pips (total of 2lots)

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Added on September 12, 2008, 11:13 pmAnd one more thing to add-on.

GJ have recover the volatility, nowaday the GJ is much easier to trade compared to 3 months ago.... Like the GJ movement now.

This post has been edited by mphpopular: Sep 12 2008, 11:13 PM

just closed 400 pip...now move PO to 191.xx.. /gg

Means closed your floating???

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Added on September 12, 2008, 11:22 pmAnyone wish to explain abit why all the pair juz up like this. I've no idea at all.

This post has been edited by mphpopular: Sep 12 2008, 11:22 PM

closed my hedging....PO still on to continue hedging...

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Added on September 12, 2008, 11:24 pmmaybe bull trap??

This post has been edited by normeck: Sep 12 2008, 11:24 PM

@mphpopular..
most of the high impact news on USD tonight turned out worst then expected.. 3 high impact worst then expected one better then expected

@mphpopular
nevermind... maybe next time we can yamcha at melaka, if u balik kampung lo..

@kelvin_tan
all bounce as my 'sengal' prediction yesterday.... hu hu...

nice weekend all