Wednesday, December 8, 2010

08-12-2010 - Follow-up

It's better to break the lines in the Yellow box's now...

08-12-2010 - Follow-up

Well it seems the Magic Number hold... check the 30M Candle how it close below it and new one open also below it...
Green Box here we are coming stay where you are...



08-12-2010 - Follow-up

I have this view on my chart..
if you draw a fibofan from A to B, you will find the Key resistant which the price already reject from it at 1.326X 


let's see if the Green box will be hit today...





08-12-2010 - Follow-up

As it's clear in the chart. there is a confirmation for the down trend and the first stop will be on 1.3170.


and if the EURUSD didn't manage to use that level as support level, then there will be an open gate for big down move as in Green box.


let's see...



08-12-2010 - EURUSD




07-12-2010 - Follow-up

I'm Done for today..

+55 pips from the 1st long order, then short from the top at 1.3385 till now, 1.3260 with 125 pips

total 180 pips

1.3250 will be holding in my opinion for a while.... (I'm not Asian session expert..)

Have a nice dream all...

see you tomorrow.

07-12-2010 - Follow-up

EURUSD Still in the same direction...