Posted by millionaire | Sunday, February 24, 2008 | | 0 comments »


let's focus to euro/usd daily chart above,euro played smartly in the range 1.4310 1.4952,look like there have a chance for euro to break this range again,anyway,while the bull keep trying to break out,i am just watching the rythm,i would like to get in after bull exhausted,then get along to test the bottom range around 1.4310,euro could rest first around 1.4908 to 1.4952,then i'll put a small lot to sell,the spike upside never to surrender,but the power should have a limit,there have a 3peak failed to 1.50,i think 4th could be fail too,this is not guarantee,but that's the best.Dont forget to place stop loss,then just trailing to maximise your profit,ok trader good luck and happy trading:D

Posted by millionaire | Saturday, February 23, 2008 | | 0 comments »



Dear trader,

Don't u look a weekly cable chart before?what do you think?look like cable formed reversal candle,it's inverted hammer follow by confirmation with 1bullish candle,retail price last week burst cable to break 1.9660 level,instead of the mpc meeting vote 8-1 for cut rate and the northern rock issue,i am doubt about the cable situation now,then i would like to focus the technical analysis only,the daily chart show cable have not enough strenght to fly further,the cable need a pulback at least around 1.9630 or 1.9590 area,if price slip below 1.9450,cable totally will lose a momentum to upside,so back to the chart above,i just waiting the confirmation for cable to move through 1.9741 to 1.9790 area,then if price hold this price zone,i prefer to take a long position toward 1.9960 to 2.0018 as a target,it's not impossible for cable to reach 50%=2.0233,61.8% 2.0447 price level too,so don't forget to trailing your stop loss,but,if price remais hovering around 1.9550 to 1.9741,i would avoid myself from get into the battle with cable.hehe.by the way,please share your brilliant idea.thank you and good luck;)

Posted by millionaire | Thursday, February 21, 2008 | | 0 comments »

hello trader,

Take a look at daily uchf above,i see a potential inverted head and shoulder pattern,just need to complete right shoulder around 1.1120 then the pattern should complete with the confirmation breaking the neckline too,when the pattern complete 100% then i would like to look further upside to 1.1262 as a first profit,2nd profit 1.1401 and the 3rd profit around 1.1510...dont miss the opportunity,buy deep...okey trader happy trading and good luck:D

Posted by millionaire | Sunday, February 17, 2008 | | 0 comments »


hello,peace be upon u...

let's see the cable daily chart above,the cable bounced from 1.9383 low then fail to break 1.9750 low 24dec,meanwhile,cable retreat beautifully after kiss 38.2% fibo look like reversal candle formed,current candle break opening price and lower price candle before,i like to focus the cable to break 1.9550 for confirmation to test 1.9480 ,our maximum target around 1.9180,upside should limited below 1.9660,in case price break 1.9750 my strategy would change automically.ok all happy trading and good luck:D

Posted by millionaire | Sunday, February 10, 2008 | | 0 comments »


well,let's take a look at daily usd/jpy chart above,i got the potential upside gain after break resistance at 107.30,then i just aware the next potential breakout toward 107.81,if the price pass this level,we should try buy first toward 38.2%=108.67 50%=109.83 or 61.8%=110.94 level,be careful after price reach potential reversal area around 50% and 61.8 % this is a ultimate resistance happens because 50% level same as a high 1nov2008 candlestick and 61.8% same as 3dec high candlestick.The price just hovering around big range 105.90 to 107.81 in 2weeks,while the risk to the bottom can't to deny,but the rest situation range look like japanese yen need to hiking first before resume the downside target around 103,101 and 0.98.My strategy for those hold a long position after the price fail break 105.85 support last week have a best chance to stand toward 109.83 and 110.94,this potential target same as a my spot potential reversal price for sell position too.Anyway,trade smart and judge for yourself,trade what you see and not the others.Good luck;)