Thursday, December 23, 2010

Holidays Market

Markets getting very tricky here off thin liquidity and Holidays , I recommend no trading until the first week of Jan. is over

Thursday, December 9, 2010

EURAUD Chart Update


This EURUSD bullish count is coming more into my consideration as we continue to hold barely lower lows with a divergence showing on the MACD , will need to see the 1.3330 level get tested at least to confirm that scenario

Wednesday, December 1, 2010

The Dollar Index

AUDUSD Chart

Thursday, November 18, 2010

AUDUSD Chart

Monday, November 15, 2010

Wednesday, November 10, 2010

EUR.USD Chart Update


The Important level to watch here from the 3 levels i pinpointed on the chart is the first level at 1.3950-80 and might extend to 1.4 where the 50% ret. is.

Tuesday, November 9, 2010

EURUSD & AUDUSD Chart Update



Hi Traders
my yesterdays EURUSD chart worked like a charm , the trend spiked below the bottom of my support zone shown on my yesterday's chart at 1.3850 , it went to around 1.383s before reversing higher , the MACD indicator on the chart shown here confirms the short term bottom with 3 waves up to emerge before the down trend continuation
levels to watch on the upside for potential reversal down again is at 1.40-41 with 1.4050 is the key level i m watching
Aussie showing a break higher from a triangular 4th wave pattern with more upside to come which is similar to the gains expected in the EURUSD Chart.

Monday, November 8, 2010

EURAUD Chart Update


Untill a bottom of wave 1 is confirmed , i cant accurately pinpoint the levels to watch for the end of the possible wave 2 up , will update the chart as soon as i get a confirmation from the market that the support zone i shown on the chart did hold the trend for the end of wave 1

Friday, November 5, 2010

EURAUD Chart Update




i m puting in the 2H Chart and 2 short term Scenarios on the 15M chart.