I am watching 2wma cross designated levels (in the picture below) to enter long/short on EURJPY on H4!
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| EURJPY, H4 |
September 28, 2011
September 15, 2011
EURUSD Sad News
to me the notion that Greece will remain in EU "no matter what" sounds as a sad news :(... therefore my view on EURUSD remains bearish.. looking at today's range projections and Fibonacci levels I would be seeking to short EUR around 14020 area. My bearish outlook might change only if wma(2) crosses previous day high.... (which i expect to fade rather than cross)... most likely will not do trades today—i want to see where it goes today.. i do not want to sell yet, and more so i do not want to long it.. so wait and see strategy for today..
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| EURUSD D1 |
Bad Executors
well, and that is exactly what happened with GBPUSD yesterday :( if only i was in it... you are right my D-Huston, we are good analysts but we are bad executors :(
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| GBPUSD m30 |
September 14, 2011
GBPUSD 09/15/2011
on m30 gbpusd is moving within a triangle.. the base of that triangle is approximately 100 - 110 pips.. if it breaks upward or downward out of this triangle it will go the same 100 - 110 pips in that direction. I am favoring upward breakout looking at H4 as wma(2) has just crossed 15760 level and it is looking towards that upper border...
EURUSD Elliot Waves Play
looking at this setup makes me believe that this new move could be the beginning of new Elliot cycle downward.... but only time will show....
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| EURUSD D4 |
September 12, 2011
EURUSD Long Term
To me, in the long-term this pair is pretty bearish. Firstly, it has crossed the key level @1.3980, now it is already below the rising channel it was forming on weeklies.. we could think it might bounce there, but looking at how wma(2) is ready to cross that barrier as well i have heavy doubts it may lift up from there. Some say we should see eurusd @1.3000 and i would agree... look at those 930 pips projected.. ane where it will end up... in a very long term even that level might be not the end of the story....
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| EURUSD W1 |
And here is a bit of close up '-)
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| EURUSD D4 |
but in the very short term like my dearest D-Huston says "this pair needs to breath... it needs some air" :)
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