Free forex signal

2012-01-03T00:06:00.000+08:00

euro/yen

saje kasi perhagat last setup september 2011:D

2011-11-30T23:14:00.003+08:00

eur/usd

Fighting against the crowds...hold buy towards 1.4600 with the stop loss +50.free trade

2011-10-24T22:10:00.003+08:00

eur/aud

still inside weekly range.1.2930---1.4340.only breakout should clear the next move.

2011-10-17T17:17:00.003+08:00

eur/aud

Currently free trade,locking with +10...now +260pips...immediate target remain for 1.20..safe target 1.3050....

2011-10-13T06:59:00.002+08:00

eur/usd

Good luck!!!

2011-10-09T23:14:00.001+08:00

eur/aud

please judge by yourself.thanks!

2011-09-08T10:52:00.004+08:00

aud/usd

Trying to hold aussie towards 1.400---1.0450 as immediate target.above 1.0680 should dampen this view

2011-09-07T14:35:00.003+08:00

eur/usd

from now onwards,every bounce gimme sell opportunity.i would like to sell the single currency t0ward 1.30---1.3500 zone first target.trade at ur own risk.good luck^__^

2011-09-05T11:25:00.003+08:00

aud/cad

trying to capture the top while 1.0550 hold.looking impulsive down toward 0.90---0.9300 zone.

2011-09-04T12:59:00.004+08:00

euro yen:

watch out this pair closely,so scary to say it would penetrate 100.00 level but yeah,be careful,yen cross tend to be quick reversal after deeper spike low.and this is just a free view depend the term of fibo number from certain swing point.i would like to monitor inside the gap trendline who living inside the bigger downside channel,only the breakout above upper channel may give signal to bounce.if not i prefer follow thru the downside channel probably till 84.00--94.00 zone.Sustain trading above 112.00 may delay or cancel this scenario. automatically.

2011-09-01T23:12:00.004+08:00

eur/usd

the single currency continue lower after breakout the lower trendline around 1.4270--1.4300 zone.focus now turn toward minor support zone 1.4090---1.4160,while tomorrow coming up with nfp i prefer to close all position.the single currency need to sustain above 1.4330 to make a strong rebounce toward 1.4370--1.4430 zone,if not it's still under the bearish pressure.

2011-09-01T23:05:00.002+08:00

aussie:

since break 1.0740 i prefer to stay away aussie and waiting to sell some around 1.0800--1.0830 zone...dont forget nfp tomorrow so careful:D

2011-09-01T00:54:00.003+08:00

eu:

eu nampaknya dah trigger sell untuk pulback,selepas gagal melepasi 1.4580 dan sunstain bawah 1.4470 menguatkan pandangan ini,secara ringkas da boley declare short term kot.lyn hold sell dulu tunggu eu test lower trendline 1.4350,sustain kalu bump 4270---4300 and ley tggu bounce utk resell for medium term target utk test kembali ke paras 1.3800.

2011-08-31T23:57:00.003+08:00

aussie:

yes selepas kita berjaya mencuri spekulasi untuk sama-sama terbang ke arah 1.0720 sempena hari raya juga hari merdeka ni mari kita cuba jual pula dalam jaringan 0.88% fibo fan dan skrg ia berada pada 62% zon fibo retracement.worth to try with tight sl...entry 1.0700 stop loss 1.0740 target cun kot area 38.2% dulu sekitar 1.0370--1.0400 zone.wallahhua'lam.

2011-05-09T16:18:00.004+08:00

usd/cad:

nice cup and handle pattern on loonie chart,currently buying toward 0.9800 target with the stop loss around 0.9550

2011-05-09T16:03:00.003+08:00

usd/chf:

Watch the swissy pulback,it should contain above 0.8660 and bring another rise toward 0.8950---0.90...current position buy limit area 0.8710---0.8680 with the stop loss around 0.8630

2011-05-09T15:54:00.003+08:00

aud/usd:

Nice fall aussie but careful rebound cannot be ruled out,sell the rally while the price contain below 1.0880 toward 1.0350 as a medium objective or 1.0550 in the short term period.

2011-05-09T15:46:00.003+08:00

gbp/usd:

While below 1.6480 likely the cable should decrease toward 1.6290 or below.

2011-05-07T18:28:00.002+08:00

eur/usd update:

My view for the single currency still mantain the bearish scenario in the short term period,seems it should continue towards 1.4190,by the way first focus toward 50%---61.8% have reach the first target inside the zone 1.4190---1.4370,my plan only hold 10% previous selling position and will add more sell with the pullback around 1.4475-----1.4715(in case),and next downside target should be 1.4035 as an immediate target and 1.3760---1.3870 as a second zone target.

2011-05-06T00:18:00.002+08:00

its nice to say my buying usd with selling eur/usd.aud/usd,eur/gbp and buying usd/chf every post each 100pips movement earn nice profit,close 80% and just leave 20% position run.no update till after nfp tomorrow,in the longer run prefer to hold buying usd till the first quarter next year.just the matter of price and time to action again,all the best trader.patience pays more,see you later take care^^

2011-05-02T01:08:00.003+08:00

eur/gbp:

Seems the rally exhausted,focus the euro toward 0.8630 to 0.8700 zone,above 0.8940 should dampen this view,when the price cross the times,prefer reversal should occur soon,an establish price below 0.85 should decrease the price around 0.82---0.83 in the longer run.

2011-05-01T01:33:00.002+08:00

gbp/usd:

i think you know what to do..just see the chart and plan your trade,my view done with the chart above^^

2011-05-01T01:25:00.003+08:00

usd/chf weekly:

no comment,just drawing the chart:P

usd/chf update:

just my imagination,try use your own analysis for the best result

2011-04-29T22:34:00.004+08:00

eur/usd:

Don't know am i stupid or crazy but i am still view to counter the trend toward the single currency.In another account still hold selling position too from 1.4610 price and keep selling each 100pips move up.If u disagree with me its okay i know your reason^^

gOOd luck anyway,happy trading:)

2011-04-27T19:56:00.008+08:00

euro weekly:

yeah seems perfect stop with the fibo fan as a resistant,crazy to say,the single currency rally should over.in the longer term view my focus turn toward previous swing low around 1.2800---1.30 as an immediate target.this option valid below 1.5300.let's swim or u die:P

Dont miss this journey.good luck!
eur/usd:

Currently in short position,looking the new low inside the reverse triangle,no weird to see new high and new low in this pattern.minimal target around 1.4380
eur/usd 4hour:

Below the previous high expected the corection toward 1.4380 as an immediate target

Dollar index 1hour:

i am waiting the clean breakout toward 75.50 and above.Likely rebound should continue higher to test 75.00.Below the previous low 73.80 should dampen this view
dollar index daily:

Hit the target around 162%,currently looking the potential for rebound.

dollar index weekly:

Not much to say,the bear establish well outside the triangle,look like next destination should be around 70.0,but careful this is not easy as we think.beware anytime for the rebound sign.expect to be anytime.

2011-04-17T17:53:00.007+08:00

dollar index:

While below 75.30--76.20 zone the buck still in bearish zone,next focus should be around 74.00---74.30 zone,above 76.30 should cancel this view.
eur/usd 1hour:

1hour chart show the single currency inside the range 1.4378---1.4521 zone,only sustain trading above or below the line should confirm for the next target.
eur/usd:

The single currency stay above 1.4280 and the focus remains to the upside toward 1.4580--1.4630 zone,below 1.4280 should cancel this view.
gbp/usd:

Below 1.6220 should declare the short term top already in place,while above 1.6280 upside momentum still strong and breakout above 1.6430 should lead the cable higher around 1.6480--1.6500.
usd/yen:

Correction still in progress likely toward 81.00---82.00 zone,small pulback should contain below83.80--84.00,above 84.60 should cancel this view.

usd/chf:

Downtrend still dominate,next focus should be around 0.8850 or lower 0.8700,pulback cannot be ruled out and the price should contain below 0.9080--0.9100 zone.

2011-04-10T08:00:00.003+08:00

usd/jpy:

Currently two days bear looking good to signal the delay rise for dollar yen,previous high stuck around 132% may suggest correction in progress with a confirmation 86.00 should hold as a good resistant.Focus toward nearest support around 82.00--83.00 zone.Establish price above 86.00 may trigger upside momentum toward next resistant 87.80.

2011-04-10T07:29:00.004+08:00

eur/usd:

The single currency spike up at the late friday us session indicate the bull remains strong.next resistance located around 1.4580(13jan 2010 high).Sustain trading above that level should focus the peak channel around 200%=1.4830 or maybe higher toward psych level 1.50.Only establish trading below 1.4230 may invite for the bear.

gbp/usd:

Likely continue upside with the confirmation establish price above previous high around 1.6425,focus toward 1.6550---1.6680 zone,only a closing price on daily basis below 1.6170 may sign the delay of the bull.

2011-04-10T05:11:00.003+08:00

dollar index:

Overall last week position hit stop loss,while the dollar index stay inside the downtrend channel,prefer to stay away this week.All major pair look stay bull while the buck continue loses.Will be on market back after the buck make a daily price closing above 76.00.next support for the dollar around 74.33

2011-04-06T17:15:00.003+08:00

gbp/usd:

likely correction up should finish around 1.6360..currently expect the cable build the five smaller wave in the 3rd bigger view toward 1.5980.and maybe lower around 1.5600---1.5800 zone.stop loss mandatory around 1.6410 zone.

2011-04-06T05:33:00.003+08:00

gbp/usd:

The cable make a strong bounce with positive data yesterday and today and the euro/gbp slip add more for the cable bull.currently stay away from the cable while previous sell hit the stop loss.The price may extend to attempt 1.6340 where breakout above may lead the cable higher toward previous high around 1.6400,Only daily closing price below 1.6150 will open the door for the bear to challenge the price.

2011-04-06T01:23:00.002+08:00

nzd/usd:

The kiwi performance looking good with the gold at the fresh all time high,by the way i am trying to sell the kiwi with the small stop loss,with the best risk reward at the critical daily trendline.Need to establish below 0.7650 to add more downside pressure toward 0.7550---0.7580 zone,above 0.7730 should dampen this view.

2011-04-04T22:29:00.003+08:00

usd/cad

Just sell the loonie around 0.9670 toward 0.9480---0.9500 zone with sl around 0.9740,need establish price below 0.9610 to add more downside pressure.Sl will move in the 1profit side after gain 40pips.

2011-04-03T20:31:00.003+08:00

euro/yen:

Seems very strong rally currently,while 118.00 hold as a good support,the view still to upside,we may hit the psych support soon around 120.00 and likely price should going higher toward 127.00.pulback may occur anytime and it have to be a good chance to buying again.

2011-04-03T20:04:00.003+08:00

usd/cad:

The loonie stay strong while 0.9730 hold as a strong resistant,expect additional gains likely toward 0.9480.Only a daily closing above 0.9730 should change the story.

2011-04-03T19:58:00.003+08:00

eur/gbp:

Above 0.8950 should be a best chance for the euro to challenge psych level around 0.90,likely uptrend still good while 0.8740 hold and focus now toward 0.9100.below 0.8740 will dampen this view.

2011-04-02T22:18:00.003+08:00

gbp/usd:

Let's play inside the triangle before the breakout^^.By the way prefer to stay sell the cable while below 1.6200 and focus toward 1.5630----1.5650 zone as an immediate target,need the price to confirm below 1.5930 to add more selling pressure.you can take profit following the downtrend channel step by step,overall bearish rules below 1.6200.

2011-04-02T21:46:00.004+08:00

Nikkei:

Are we on the top?seems so but the recovery from the lowest level looks very impulsive,above 62% ret around 9980--10000 zone nikkei may heading higher again toward 10300 even higher around 10500 zone.failure 9880 may delay the rises but should contain above the minor support around 9316 and bring another rise later,only closing price below 9300 should lead the price focus back to the lowest level.

good to read: http://www.boj.or.jp/en/announcements/press/koen_2011/ko110325b.htm/

2011-04-02T21:31:00.003+08:00

Dow jones:

No sign reversal yet,the uptrend channel still intact,we may have potential double top around 12386 zone,but establish trading that level suggest the bull still strong and should going higher toward 13113 zone.Only closing price on daily basis below 11846 may bring some relief with the bull pressure.

2011-04-02T18:17:00.004+08:00

eur/usd:

Just forgot the the past,do not think,now let see the real price react with the single currency action.Currently 1.4250 still hold the price,a clear break above that level should heading the single currency higher toward 1.4370---1.4400 zone,do not expect anything,just see the action,break then buy fail then sell:),by the way it's still inside the 1.4020-----1.4250 range,a day closing below or above that level should give more evidence for the next price action.Above 1.4250=bull stronger,below 1.4020=bear rules(with a condition a sustain trading) keep watching^^

eur/usd:

A simple indicator may help your trading plan.Just add 13,23 and 33 to combine (moving average)as a first filter and 200 and 100 moving average as a primary to monitor daily chart the single currency.There are many knows about the moving average,but the different is how you apply and act with the price.Just try by yourself.All the best^^

2011-04-02T18:01:00.003+08:00

Dollar index:

Still fail at the fourth day(false breakout),the buck erased all the early gains after nfp data at the late trading us session,currently still bear hold the price,76.70 stay to be a ghost to hammer any attempt to the upside,only sustain trading above that level should bring the buck higher,if not bear rules remains.

2011-04-02T17:24:00.002+08:00

Aud/usd:

Aussie oh aussie:),likely the aussie on the peak but still not show any reversal sign.Seems the bull no turning back always going up and higher.Establish above 1.0400 may lead the aussie towards 1.0500 even 1.0600,failure (1.0400) may pause the rally,only a closing day price below 1.0250 should be the first warning with exhausted rally,currently prefer waiting to sell the rally around 1.0500---10600 zone.

2011-04-01T04:05:00.003+08:00

gbp/usd:

Just to share how the trendline and 50% fibo working.See by yourself,sometime maybe a false signal but the most is pretty good^^

2011-04-01T03:37:00.002+08:00

euro/yen:

Likely the bull never retreat,the euro/jpy keep moving higher,which way to go?technically above the previous resistant become support around 115.81 seems focus now toward the nearest resistant located around 119.70.Tomorrow tankan manufacturing index and non farm payroll may show the real way.Let the news coming,just see the price action tomorrow,and execute your trade.we shoot at the failure resistant and we care at the establish support.Plan your trade and good luck^^

2011-03-31T18:43:00.003+08:00

eur/usd:

My buy position close with the 50pips profit from 1.4166 to 1.4216,currently stay away,only 1candle closing below 1.4140 should indicate the bull exhausted.if not,the single currency still in the bullish zone.

2011-03-31T18:36:00.003+08:00

eur/gbp:

Previous buying position looking good,take profit half and leave the half toward 0.8900 target with the stop loss at the break event,current condition still good for the bull.

2011-03-31T18:31:00.003+08:00

gbp/usd:

nice position with selling the cable,currently take profit half and leave the half with the stop loss at the break event,focus remains toward 1.6020---1.6050 as an immediate target.

2011-03-31T16:29:00.002+08:00

eur/gbp:

Solid rising trendline establish the uptrend for eur/gbp,i am in buying mood from 0.8790 toward 0.8900 with the stop loss around 0.8740.

2011-03-31T16:17:00.003+08:00

gbp/usd:

nice profit with the previous buying the cable yesterday from 1.6020 to 1.6130,currently selling the cable around 1.6130,will add more 1.6160,all stop loss should be located around 1.6210.focus target now toward 1.6050----1.6020 zone.

2011-03-31T15:00:00.002+08:00

eur/usd:

Currently buying the single currency towards 1.4210------1.4250 zone with the small sl around 20pips.the euro break the upper trendline and should going higher.

2011-03-31T02:16:00.003+08:00

dollar index:

Again today dollar index fail to break the trendline,failure to penetrate 76.70 minor resistant and currently retreat around 76.30.3days failure at the line may create triple top but still need to confirm.By the way,the buck remains in bearish pressure while the downtrend channel still hold the price and below 76.16 may lead the buck back toward the previous low around 75.50.Only above 76.70 should bring strong rebound for the dollar toward 77.50

2011-03-31T00:27:00.002+08:00

eur/gbp:

The uptrend still continue,likely euro/gbp should going higher toward 0.8905,only a closing price below 0.8668 should dampen this view

2011-03-31T00:10:00.003+08:00

usd/chf:

Currently double top pattern from 0.9777 still hold the pattern while price fail to breakout above 0.9295,if today closing below 0.9200 we should get a nice shooting star.it may sign a reversal with the confirmation on the next day.By the way,below 0.9295 look like the best selling entry toward previous low around 0.8920,only a closing price on daily basis above 0.9300 should invalid this double top pattern.

2011-03-30T21:01:00.003+08:00

gbp/usd:

Currently buying the cable around 1.6020.will add more around 1.5990,stop loss should be around 1.5970 and the target 1.6110---1.6170 zone.

2011-03-30T18:17:00.003+08:00

nzd/usd:

The kiwi hit my stop loss,currently stay away,likely above 0.7516 may lead the kiwi toward 0.7670---0.7700 zone,only a daily closing below 0.7515 may bring some relief with the bull pressure.

2011-03-30T17:44:00.003+08:00

Euro:

The single currency still playing inside the 1.4050---14150 zone,tired to get into the range i prefer to stay away and waiting a sustain trading below 1.40 or above 1.4150 to determine next plan.overall uptrend channel still intact only the daily basis closing below 1.4030 should add more evidence for the bear zone.Above 1.4150 may resume the uptrend focus toward previous high around 1.4250.

2011-03-30T17:22:00.003+08:00

gbp/usd:

Seems the cable retrace from the lowest level around 1.5930 and establish above the key support at 1.5980,likely we may see 3wave correction at the 1hour chart and focus now should be arond 1.6110---1.6170 zone

2011-03-30T04:41:00.002+08:00

dollar index:

So sad,currently the buck fail to breakout the trendline,the euro bounce back above 1.4100.Above 1.4150 may bring back euro to test 1.4250,while the dollar index likely retreat toward 76.20 first.

2011-03-29T21:25:00.002+08:00

dollar index:

Currently the buck at the critical resistant where a breakout above 76.70 should lead the buck toward 77.30 as an immediate target,its about 60---70pips to achieve,if that happens the euro should sink double 120-----140pips,currently euro around 1.4055 the result euro may sink deeper around 1.3880----1.3930 zone.see u there^^

2011-03-29T20:01:00.003+08:00

eur/chf:

Previous sell hit the break event,currently the selling opportunity comes again.try to selling around 1.2950 toward 1.2900 with 35pips stop loss.

2011-03-29T17:41:00.003+08:00

gold:

Selling still dominate,by the way we need a sustain trading below 1410 to focus the ideal target 1380----1400 zone.

2011-03-29T09:26:00.003+08:00

gold:

Currently selling the gold looking good,but still need a clean break below 1410 to confirm 1more impulsive down still in progress toward 1380-----1400 zone,above 1423 will negate this view.

2011-03-29T08:36:00.003+08:00

nzd/usd:

I sell the kiwi after higher low making in 1h chart,need a sustain trading below 0.7885 and 0.7450 should be as a first target,following next 0.7380,above 0.7560 should dampen this view.

2011-03-29T04:32:00.003+08:00

euro/chf:

Let swim with the price toward 1.2800----1.2860 zone,valid while below 1.2950,just to grab some pips while sleeping^^

2011-03-29T03:43:00.003+08:00

Djia:

Seems dow jones start retreat after failure 88% ret=12888,we may see -ve closing day for djia,if that happen price may heading lower back at the da y ahead toward 50% ret around 12000 as an immediate target.Above 12888 may dampen this view

2011-03-29T01:25:00.003+08:00

gbp/usd:

Still bearish while below 1.6130 minor resistant hold,currently the cable fail to sustain below 1.5980 key support,by the way,price still dancing below minor resistant and the focus remains toward 1.5830----1.5880 zone.Only above 1.6130 to declare short term bottom already in place.if not the bear stay alive^^

2011-03-29T00:38:00.003+08:00

euro:

The single currency persist to down.bounce from the lower daily trendline but still bearish while 1.4150 hold.we need clean break above 1.4150 or below 1.40 to confirm next potential target.

2011-03-28T18:44:00.003+08:00

Euro:

The single currency still fighting inside the uptrend channel.by the way,with the nice daily bear formation i believe the single currency is heading down.1.3880 as an immediate target.the uptrend channel should damage by bear this time,patience and keep watching.Only sustain trading above 1.4150 may declare the short term bottom already in place and bring the single currency higher.

2011-03-28T13:49:00.002+08:00

Gold:

Sustain trading below 1418 should confirm neckline break on the 1hour head and shoulder pattern.This situation suggest next focus should be back toward 1380.Point to ponder 1418 and 1430,Above 1430 may dampen this view.

2011-03-27T11:25:00.004+08:00

Swissy:

Below 0.9322 still hold the double top pattern from the 0.9786,we need a sustain trading above 0.9350 to bring some relief with the bear pressure.Above 0.9350 may push the swissy higher around 0.95,but failure 0.9350 may bring bear resumption anytime back to the previous low around 0.8920

Aussie:

We need a closing price below 1.0194 on daily basis to declare the short term top already in place.If not above 1.0290 may lead the price higher around 1.0500.

2011-03-26T15:12:00.006+08:00

Euro:

Nice daily picture with a failure above 1.4250,focus turn toward previous low around 1.4050 where sustain trading below that level is needed to declare short term top already in place and bring the downside target around 1.3880...

gbp/usd:

Expect downside should continue with a confirmation clean breakout below 1.5985 toward soft target around 1.5746----1.5830 zone.In condition 1.6130 should be a good resistant.

2011-03-25T19:22:00.003+08:00

dollar index:

We need the price above 76.20 to bring some relief with downside pressure,above that level should be the first sign short term bottom already in place and focus should be toward 79.00.

If not dollar may suffer more.But i believe upside in progress and above 76.20 should confirm this scenario,only below 75.20 may lead the buck to sink deeper.

2011-03-25T18:42:00.003+08:00

djia

The djia passed the daily trendline,just shy around 30point to touch 0.768% ret,i expected 1more impulsive down after breakout happened around 11798,market should revisit the price,in condition fibo ret 88%=12288 should hold as a strong resistant.A breakdown below 11798 is needed and the next focus should be 11000 zone.

2011-03-25T03:35:00.003+08:00

Aussie update:

A very bullish pressure from the bottom and facing the resistant around 1.0250.I dont want to talk much,just wanna share my crazy idea to going sell against 1.0265.Failure 1.0250 may retreat the aussie at least toward 1.0150.Sustain trading below that level should declare the top and may bring deeper correction toward 1.0000.last but not least,put our stop loss around 1.0265..All the best n take care^^

2011-03-23T19:30:00.004+08:00

eu daily:

Failure 1.4280 resitance,trigger the short term sell toward 1.4080 as an immediate target,breakdown below that level should be the evidence short term top already in place and focus should turn toward 1.3870 next

eur/update:

euro retreat after hit the trendline.Look attractive to sell toward the lower trendline in the longer run.immediate target should be around 1.3740.following next 1.3380.

2011-03-20T20:08:00.003+08:00

eur/usd update:

Short term view,Above 1.4240 may expose eu higher toward 1.4300,while below 1.4120 will flip back the single currency toward 1.4055.

gbp/usd update:

Short term view,sustain trading above 1.6220 should lead the cable higher toward 1.6340 and below 1.6050 will dive the cable toward 1.5980

2011-03-12T19:38:00.004+08:00

Gbp/usd update:

Well...well..well....

Looking to add more selling around 1.6110---1.6150 zone,target 1.5700---1.5800 zone,still have the golden chance while below 1.6210 zone,The cable ship leaked and the risk to sink is deeper then rise^^...money management is the king,use ur knowledge wisely,good luck:P

eur/usd update:

Below 1.3990 looking to resell euro around 1.3900---1.3930 zone,dont drink and drive,plane may crash and euro should revisit the land:P

Above 1.4030 should dampen this view.

2011-03-06T03:01:00.003+08:00

Which way to go?in the very short term period let's play inside the white triangle,expect 1more impulsive down toward 1.6180,breakdown below is needed to bring strong pullback below 1.6000 following next 1.5880,above 1.6400 would cancel this view

gbp/usd:

Still favor to sell the cable.Stop loss 1.6450.target open.Good risk reward.

2011-02-11T14:22:00.003+08:00

eur/usd update:

selling pressure still dominate the single currency,the nearest support located around 1.3510 where a sustain trading below that level expose euro toward 1.3400--1.3430 zone as an immediate target following next toward 1.3250---1.3280 zone,above 1.3780 would cancel this view.

2011-02-10T12:06:00.003+08:00

Gbp/usd update:

Still sideway inside the yellow triangle,while the major trendline (aqua color) still hold the price,sell still prefer toward the lowest yellow line around 1.4800---1.5000 zone where the breakdown below that level suggest next downside target should be below 1.40.Above 1,6300 will dampen this view.

2010-11-23T06:59:00.004+08:00

hello trader.i will not update till new year,need to focus my therapy program outside internet zone,just leave my sell position gbp/usd toward 1.48---1.50 zone with the stop loss around 1.6400(see the previous post on 4hour and daily chart cable 12nov).good luck everyone!!

i leave my view for eur/usd and dollar index for reference and complaint:P

Eur/usd 4hour update:

Expect 1more rebound toward 1.3970---1.40 zone in condition the price sustain trading above 1.3800 zone,while 1.3780 hold as minor resistance focus remain to the downside toward previous low 1.3467 where the breakdown below will target 1.30----1.3300 zone,All in all in the bigger view as long as 1.4280 hold the longer term focus toward 1.2700---1.30 zone as an immediate target following preious low 1.18++ as a next target,only a clear breakout above 1.4280 will turn the upside bias toward 1.45---1.50 zone.

usdx daily chart update:

Still consolidate mood,pulback should limit above 76.70 and bring another rise toward previous high around 79.50 zone where sustain trading above that level expose psych level 80.00 and following 50%----62%fib ret(88.83----75.25)=82.00----83.70 zone as a next target,only clear break below 75.25 will resume downside target toward 72.00--70.00 zone.if not 88.80 maybe next upside crazy target :) in condition price dancing steady above 83---85 zone:P

ok guys happy trading and dont forget to plan your trade,take care!!

2010-11-17T20:31:00.002+08:00

Eur/yen update:

looking decline toward 109.50---110.50 zone...valid while 114.00 hold.eat 80% or 50% when the price hit 111.75..

2010-11-17T15:23:00.004+08:00

gbp/usd update:

The cable continue weaken,expect more downside target toward 1.5750 even to 1.5650 in condition 1.5960 hold as resistance

2010-11-16T05:42:00.003+08:00

6j yen update:

while 6j yen breakdown below the uptrend channel seems more correction would be seen..looking ahead 1.16----1.18,this situation suggest more upside target likely insight for the mostly all the yen cross,this should happen cause 6j movement very opposite 99% with usd/yen chart especially,see the usd/yen chart below,

usd/yen update:

focus toward nearest resistance 83.70----84.00 zone where sustain trading above that level bring usd/yen higher toward 85---86 zone,while below 82.00 as a first sign for the small correction toward 81.60 zone....

2010-11-14T13:56:00.006+08:00

usd/yen update: with the clear breakout above 82.80 next upside target for uj should be 84---85 zone,below 81.60 expose usd/yen toward previous low around 80.20 zone.For the bigger view take a look at the 4h chart below

usd/yen 4h:

Above 82.80 looking ahead toward 84---85zone .Below 81.50 will invalidate this view and bring bearish resumption to the previous low.just to share my scratch plan,u can analysis by yourself.All the best and whatever plan to trade dont forget your best money management:P

2010-11-12T05:50:00.003+08:00

gbp/usd update:

Above is 4h chart for the cable,from the low area around 1.4180 we start a nice rally look like zigzag pattern where currently 1.63 as a temporary top,in the 2nd point rally the cable start from 1.56++ to as high as 1.63,and the tuesday low around 1.5970 located around 50% zone from the rally 1.56++ to 1.63,this situation suggest more upside could be seen but need a confirmation to sustain trading above the 1.6180 to retry previous high around 1.63.while yesterday high low from the top 1.63 to the low 1.5970 bring the retracement to 76.8%=1.6180 where we can see today,in the short term view likely 1more impulsive down is possible toward 1.5830---1.5860 in condition 1.6200 hold and the confirmation breakdown below 1.5960 is needed for more downside target.In the bigger view,see daily chart below,

gbp/usd daily:

While the daily chart show currently the cable still in the triangle(inside the yellow line) which the rally start from the lowest 1.35++--------1.70....then 1.70 to 1.4180 and the 1.4180-----1.6300,for the easy simple basic information while 1.63 hold the focus should be the lowest inside the yellow line should be 1.4800----1.50 zone(this price agree with the 76.8% and 61.8% ret from the rally 1.4180 to 1.6300)of course the are still many confirmation but this is what i see:P and u can check by yourself:S

All in all the breakout above 1.63 possible expose the cable higher around 1.65 even 1.70,but if the 1.6300 establish as a strong resistance the testing toward 1.4800---1.50 zone could not be deny where a sustain trading below that level for sure will hit 1.35 zone again:P
this journey will not working in 1 day or 1week but possible for 2 or 5 month ahead:)

p/s:trade your plan and do your best money management rules.All the best!!!

2010-11-10T21:37:00.003+08:00

eur/update:

first rebound fail to sustain above 1.3830,below 1.3780 euro still have the risk to challenge 1.3735---1.3690 zone where sustain trading below that level expose euro deeper and bring downside resumption to the nearest support zone 1.3630,only the true breakout above 1.3835 will bring strong rebound toward 1.3880---1.3900 zone

2010-11-10T19:33:00.002+08:00

eur.usd update:

Euro still need a confirmation above 1.3830 to bring strong rebound toward 1.3880 zone,below that level the bias remain to the previous low again(revisit 1.3690---1.3730 zone)

2010-11-10T17:12:00.004+08:00

eur/usd update:

After euro collapse around 1.3735 i am looking for the correction from the (1.4280--1.3735 movement)toward 1.3900----1.40 zone for resell,price need to breakout above 1.3840 zone to spike higher around 1.3880---1.3900.A failure dancing above 1.3840 may risk euro to retry 1.3735 back.Be careful and good luck!!

2010-11-09T14:05:00.003+08:00

eur/usd:

Exit all buying position take 10% loses,below 1.3880 indicate more downside pressure for euro,a closing candle on daily basis lower than 1.3850 should expose euro toward 1.3730---1.3750 zone,need rebound above 1.3880---1.3900 zone to bring some positive recovery toward 1.3980.

gbp/usd update:

Exit all buying position take 5% loses,Still inside the channel,above 1.6165 should bring the cable to 1.6200 while below 1.6040 expose the risk to challenge 1.5980.

2010-11-09T07:20:00.003+08:00

gbp/usd update:

for the short term period breakout small triangle is needed to be the first sign to the next movement ,above 1.6170 looking forward toward 1.6200 where breakout above expose previous high around 1.6300 while breakdown below 1.6100 sink the cable deeper toward 1.6080 where penetrate that level will heading the cable lower around 1.60----1.6040 zone.

2010-11-09T04:24:00.004+08:00

eur/usd update:

for the short time period eu still hold temporary support around 1.3880 where breakdown below should hit 1.3850,focus now rebound toward 1.3980 where breakout above expose 1.4020.failure to rebound may bring euro retry previous low around 1.3880.

2010-11-08T19:43:00.003+08:00

eur/usd update:

Seems strong profit taking after a good nfp result,for the short term period below 1.3980 the euro still expose for the downside,a daily closing on daily basis below 1.3857 will sink euro deeper(i''ll exit all buying position on that rule)current price retrace below 61.8% from 1.3735----1.4280= 1.3950,im looking ahead the rebound toward 1.3980 where a true breakout above that level is needed to declare short term bottom.If not then the bear should take the place for several days is likely.

2010-11-06T21:34:00.003+08:00

eur/usd update:

All the previous post clear with consistent profit(bulihla wat kaber2x rugi dulu..kehkeh)
Just floating with new buying position after nfp(gatal tgn entry kocik.heheh)ready add more buying around 1.3950---1.4010 zone.One candle daily open below 1.3930 should indicate more downside pressure and i will consider to exit all buy position.in short let see the price dancing inside the channel,below 1.4010 expose the price toward 1.3940 while above 1.4080 should bring the price toward 1.4150.

2010-11-05T00:50:00.003+08:00

eur/usd update: current price euro stop on 161.8% fibo line..let see the price dancing inside the white channel.breakdown below 1.4180 expose euro toward 1.4140...failure tp establish below 1.4180 may bounce back euro to the upside channel..good luck!!

2010-11-04T16:36:00.002+08:00

eur/usd update:nice moving eu,close again 80% new buy positon,leave 20% lots toward 1.4330---1.4350 zone,protect your position with green sl.below 1.4170 maybe first sign of pulback.Be careful and goodluck!!

2010-11-04T13:08:00.003+08:00

eur/usd:

Exit 80% buy position,current price seems sideway in the small range 1.4110--1.4150.above 1.4080 next target should be 1.4185(yesterday high),below 1.4080----1.4030 zone will indicate temporary top already in place and bring deeper correction toward 1.3980.Breakout above 1.4185 expose the price to the nearest resistance around 1.4220(20dec2009 low)

2010-11-04T04:05:00.003+08:00

eur/usd and usd/chf update: thank to fomc....and thank to God...g00d luck everyone:D

2010-11-03T18:02:00.003+08:00

eur/usd update: exit sell position 100%(see previous post)..take 5% loses.leave just small buy position before running with stop loss at the break event ,after triangle breakout yesterday(see previous post)i doubt about my sell position,because technically speaking,current price risk to challenge 1.4080 where true breakout above expose previous high around 1.4160.in the short term period only a breakdown below 1.3980---1.3950 zone will stop the bullishness. Be careful today very busy and very volatile due to heavy news along this week.Plan your trade and care your money management first,cheers:P

2010-11-03T14:53:00.001+08:00

eur/usd update:

watch short term focus toward 1.3940----1.3960 while 1.4060 temporary top hold.