Friday, June 3, 2016

Week 2

Eu closed above within the LQP and would most probably be looking for the new HZ level.
To clarify using the 1st 2 days scenario, and the price level.

Same goes for AU

Gu and GJ i would guess moving further bearish.

Gold - bull a bit

This week

Lessson learn pertaining to the correlation between the pairs of EU and AU against GU and GJ.
And Gold as well.

Before coming to that, it would seem that a further improvisation is required

To always remember the 1st 2 days scenario
To always verifiy where the price is during that 1st 2 days scenario whether it has achieves the weekly or monthly high or low.
And to also verifiy whether the price is within or nearby the HZ zone.

Now
It seems IF Eu and Au were to bull, the reverse it`ll be for both Gj and Gu.
And it also seems if EU were to bull, same goes to Gold.