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.
Friday, January 27, 2017
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.
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
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.
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.
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
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.
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.
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