Monday, January 30, 2017

Monday update

EU

This morning, price opened above 1.0700 but fail to touch / break 1.0750 within the specific time thus PE occurs with PM follow up towards 1.0625.

However price fail to break the HP zone, thus reversal bullish towards 1.0750.

As at this time, price remain stuck in between 1.0675 - 1.0700.

If the price remain above 1.0700 by Tuesday morning, the price may opt for 1.0750 again.
If the price remain below 1.0700 by Tuesday morning, price may look to break out from 1.0675 again towards 1.0625.




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UJ

Price opened below 115 and targeted 113.75 which it manage to touch but yet to close above it thus if the price remain above 113.75-114.00 by Tuesday morning, the momentum remain bullish towards 115 - 117.50


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GJ

Price remain bearish from 145 towards 142.50. As of now, price has break 142.50 and potentially close below 142.25 - 142.50. If it does, then it will bearish towards targeted 137.50 - 140.00 price zone.


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GU

Price bearish since opened below previous break as of 1.2625 and heading towards 1.2500.
As of present, price has managed to break 1.2500 and should it close below 1.2475 - 1.2500, then momentum towards 1.2375 - 1.2250 is possible.


Friday, January 27, 2017

GJ

GJ at this time fail to break 145.00 to continue bullish momentum and may reversal back towards 142,50 - 140.00

If price monthly manage to close below 142.50, then i look for a long term bear towards 137.50 - 125.00

If it closes above 142.5 instead, then momentum resumed towards 150 with an extension towards 162.5 / 175

GU

Gu has moved nearly 300 pips weekly and 650 pips monthly, thus a reversal has occur.

It fail to break remain above 1.2625 despite manage to reach highest at 1.26734, but momentum fail when it closes below 1.2600 at 1.25894

My projection for GU now is bearish momentum towards 1.2500 - 1.2375 with an extension towards 1.175 (provided monthly close below 1.2500)

If price rejected 1.2500 - thus a potential rebound towards 1.2625 - 1.2750 as long as the price closes above 1.2650.


EU

Price fail to touch 1.0775 last week despite trying out once and nearly touch it with the highest at 1.07749.

As the price reversal from bullish towards bearish as it has break 1.0725 - 1.0675 with the week close below 1.0700, my target of sell (from 1.0725) is a long term trade towards 1.0000 (parity level) and the nearest at 1.0500.

So let us see on the next week price.

1) If the price bullish on the first half of the week and touch / break 1.0775 then potential towards 1.0825 provided IT TOUCHED and close above 1.0800. Otherwise trend may resume bearish towards 1,0750 - 1.0675

2) if the price bearish on the first half of the week and touch / break 1.0625 and closes below 1.0600, then momentum remain towards 1.0500.

3) if the price bearish on the first half of the week and touch / break 1.0625 but closes above 1.0600, momentum may range between 1.0600 and 1.0650 until a clear break out at 1.0675 (for bull) and 1.0575 (for bear) occurs.


Its been a while

i have not updated my blog for a long time. through out this time, i have been trying to simplify what i can do on my trading system.

the best and simple thing to do is, simple entry and let it be towards the TP goal.
but how do you let it go, knowingly that it will reach the target?

there is no exact 100%, as always about probability and possiblity.
but surely you need to have trust in your own system and not to have any doubts.

when we are free from the burden that we created, then everything would be as planned.


Thursday, July 14, 2016

14/7

Eu

Yesterday high was at 1.11193 dengan low at 1.10414, dengan trend masih kekal bearish since price masih fail untuk cecah above 1.1125 ke 1.1175.

Unless today or friday somehow price berjaya break 1.1125 - 1.1175 and above, then next week akan nampak further momentum upwards ke 1.1375 - 1.1425.

But as now,

Buy option if break above 1.1175 - towards 1.1375 - 1.1425 (nearest tp di 1.1325)
Sell option if break below 1.0975 - towards 1.0925 - 1.0825.


Gu

Yesterday high was at 1.33366 and low at 1.31329, dengan trend may shift bearish towards 1.3000.
Price klu break above 1.3325 - 1.3375, then towards 1.3475 sblm going upward beyond 1.375.

But if price break below 1.3125, then towards 1.2925 it`ll go back.

Buy option if break above 1.3325, towards 1.3375 - 1.3475
Sell option if break below 1.3125, then towards 1.2925,


Gj

Yesterday high was at 139.506 and low at 136.898 dengan momentum trend remain bullish toward 142 and beyond.

If price break 139.75, then it`s heading a long term towards 160.00 (at present already break).

However it it breaks below 136.75, then towards 132.5 it`l goes.


Au

Yesterday high was at 0.76376 and low at 0.75768 dengan trend continue bullish towards 0.7750.
Price still have to break above 0.7675 in order to reach 0.7725.
However if price break below 0.7575, thus reversal towards 0.7525.


Ucad

Yesterday high was at 1.30827 with low at 1.29350 dengan trend change momentum towards bearish.
If price break below 1.2925, then towards 1.2875 it`ll goes.

No sign of bullish yet.

Gold

Yesterday high was at 1345.13 with low at 1327.39 dengan trend remain bear despite ada sideway sedikit,
If price break above 1350, price may go back towards 1375.
If price break below 1325, price may bearish towards 1300 dengan mid term 1270 and long term 1070





Saturday, July 2, 2016

Update

Been a month since the last updates, and another new learning experiences on the go.
Manage to look and understand the GJ and Gold pair, how`s the range and behavioral pattern throughout the certain timeframe.

I have to remember using my principal strategy as in SET and Forget, Consistencies in Profit.

Using my Qep and Mugetsu mode to earn profits all the time though floating still remains.