EUR/USD 20 Jan 2008 What Happen with my Short Position

Salam,

It's seem very long time i'm does not updated any analysis in this blog. Actually i'm quite busy right now with my own personal matter. Here some overview for EU.. in this week session USD become more strenght vs Euro. These happen probably because the replacement of President or United States.. Here some screenshot on where should EU complete their Bearish

On that chart i believe the price should complete the bearish behaviour right noe in area Red Trendline. I' still holding my short position.... ;)

Lazy to write more.. so here it is. See you later

EUR/USD Pre Session 5-10 Jan 2009

Salam,

Happy New Year everybody.. seem weird today because it is the first time i'm writing used the word '2009'. We already face 2008 with EU together, many thing happen to us.. some make a very huge profit n huge losses. On 2008 we see EU seem to ended her (i call EU as a girl, ahhahaha) 8 year Bullish vs USD., so will it it's continue the trend?

It's very hard for me to because i was face a huge losses on opening day Olympic last year. I do expected EU will try another high to re-test 1.6xx again. but i was totally wrong. For this experienced, what should i gain? Reviewed from the past i was aware that in every entry Stoploss (SL) is very important. Greedy will not give you an advantage.. maybe you will win sometime but if faces the Losses. It's was a nightmare.......

Today, i want to share u what i see on EU chart for next session.


Basic Indicator on chart:

1.Trendline
2. Fibonacci Retracement
3. SMA 20 (close), 10 (high) & 10 (low)

Based on the chart we see price already on the SMA 10 (low) wil it become Resistance?
I do believe EU will be at least test on Middle Trendline or Fibonacci Retracement (FR 50.00).
2 Level to be watch this time is FR 50.00 @ 1.3642 & FR 61.80 @ 1.3379. Then we will wait for another price action will it bounce on Lower Trendline or break it to make new low. Anything can happen. I'm just share what i see right now!

My recommendation:

1. Please watch closely when price reach on Middle Trendline.
2. If there a Breakout on Middle trendline wait for pullback then u can enter Sell position n 1st target @ FR 50.00 2nd FR 61.80.
3. Remember this is just overview, not from the active chart right now.. anything can happen. So please bear on mind, Stoploss (SL) is compulsary or we call it 'wajib'.
Where do i set my SL?? Set it on SMA 20 at ur chart.
4. If u see the price closed upper the SMA 20, wait untill it reach SMA 10 (high) and go for the 'Long'.


Last word.. sorry for gramatical error. i'm training to used it better. Gud Luck....... Happy New Year 2009 and 1430 Hijrah.

EUR/USD Playback on History

Salam,

Harini aku diberitahu oleh kekawan aku pasal pergerakan EU pada hujung tahun menjelang tahun baru. Apa akan berlaku pada EU agaknya pada menjelang tahun baru agaknya.. mana sumber rujukan yang aku boleh buat?

Erm.... senario ekonomi sekarang mungkin tidak sama seperti 3-4 tahun lepas... senario sekarang ni mungkin boleh disamakan seperti tahun 1998-2000, yang mana kita telah diberitahu bahawa keadaan economy akan bergerak lembab setiap 10 tahun. Berapa jauh kebenarannya?? Sesiapa yang mempunyai pendapat harap dapat nyatakan disini pada ruangan 'Share and Enjoy' di bawah post ini, untuk tatapan dan perkongsian bersama dengan pembaca lain.

Aku disini sekadar membantu anda, aku yakin anda semua mempunyai analisis sendiri dan mungkin post-post disini dan perkongsian pintar antara pembaca dapat membantu dan menguatkan lagi analisis yang anda telah buat.

Sekilas pandang pada apa yang berlaku pada EU setiap penghujung tahun menjelang tahun baru bagi 3-4 tahun lepas....

EU bergerak UP dari 1.3133-1.3287 sebanyak 154+ pip (29 Dis 06 - 2 Jan 07)

EU bergerak UP dari 1.1733-1.2138 sebanyak 366+ pip (29 Dis 05 - 3 Jan 06)


EU bergerak DOWN dari 1.3642 - 1.3266 sebanyak 382+ pip (29 Dis 04 - 3 Jan 05)

EU bergerak UP dari 1.2422-1.2800 sebanyak 378+ pip (29 Dis 03 - 2 Jan 04)


Buat Kesimpulan Anda.... Apa yang anda fikirkan akan berlaku?????

EUR/USD End Of Year 2008

Salam,

EURUSD has no changes since yesterday and there is no surprise. Festive season already started and market will continue to be slow. Price could make some big movements, but that would be due to lack of volume. Best thing to do is to go out with your family, girlfriend/boyfriend and for a while forget the market.

But if you are choose to trade here some opinion as reference :

EUR/USD H4 Extract:

Support n Resistance line @ 1.3922/1.4013, for the last 2-3 day lately price are moved within these tunnel. If we look at latest price now @ 1.4057 and high @ 1.4112.. Are there a little breakout for these Support n Resistance? If there a breakout we will see 1.4195 - 1.4369 (Fibonacci Expansion) FE 100.0, FE 161.8

On chart we can see level FR 61.80 @ 1.4618, Fibonacci Retracement for Weekly Chart already reach. Are this price action will be re-test to make new high??

Another point of view.. i show u something simple chart for reference :

Price range on that chart @ Support: 1.3095 , Resistance : 1.4701
I was looking Price Action will be in range this tunnel of S & R. There are 2 (two) Trenline there..
Current price already below 1st TL (Dot Line), will it test @ Red Trendline.

So, u already reading. Then, now it's time to wait for next week market session and making ur entry. Decission is your.. I'm not give u a Trading Call just an opinion if there can used as reference and suuport your point of view. My friend told me " Own analysis would help their owner a lot'