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.
Monday, January 30, 2017
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
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.
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.
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.
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.
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