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July 31, 2011

D-Huston's 2nd Option for EUR/USD

oki this is H4... and this is what I see, D-Huston.. there is a very nice Elliot Waves formation which looks incomplete... i am only not sure the EUR (with all its problems) has a "mojo" left to complete it... we will see... also look at RSI.. looks bullish at the moment... ideally i would love to see if price does advance to that projected level but RSI can not make it to the same level—our favorite bearish divergence! than i would go ahead sell it with some good lot ;)

But on the other side look where it is right now!!! at the bottom of that channel.. in fact it is testing it from outside right now... so lets see what happen..

overall price seems to be loosing the momentum... if by any chance any advance in price upward, then it is probably a time to short it for GOOD ;) 

EUR/USD H4

July 21, 2011

WE ARE TRADERS... ARE WE?! -)

D-Huston, do you remember this link you sent to cheer someone up, every time I watch this I laugh at that phrase -) this is our video ;) when we really screw up we must watch this..

July 20, 2011

GBPNZD Daily

Is this only me or others also see this formation?

Where will unstopable stop?

GBP/NZD H4
this is what i am keeping eye on right now.. on H4 it is forming a wedge, that makes me ask GBPNZD: "Maybe enough?".. but on dailies i think it may inch a bit lower to 1.8500 area perhaps...