THE only Pattern

Have a good one mate

Cheers

sell UJ from 113.10-20( from around 113.10)

buy GU from around 1.2950

UJ spiked into 113.20 R after news...........let us see if it breaks or holds

GU spiked into S 1.2940-50 ..............let us see

News comes good for the dollar................the spike represent those who bought the dollar................and surely there should be someone who is taking the other side of the market

UJ breaks up through 113.20............then..............113.40-50....................113.70-80.................114.10-20

GU holds 1.2940-50 till now

clearly UJ 113.40 is holding and retest of price just before news is the most common scenario now

Open trades in UJ...............let us see

GU reacted well to the S at 1.2910 and I see it as a good Long.............though no one knows the future.................so as EU text book long from 1.1330-40

UJ break through R 113.40-50................and now looks sold from 113.70-80 R................with increasing bearish interest toward FOMC.............managed to sell it again somewhat late at 113.4XX...................I am betting on bears from 11th and 12th of May to turn it.........risky but it worth it

GU S 1.29-1.2910 still holding

EU continued its uptrend.................next R 1.1440-50

GU at R 1.2970-80 ...............then 1.3020

UJ narrow range 113.60-113 ahead of breakout to one side.............I am little inclined to the downside.......but prepared for a continuation up...............

sell UC from 1.2980-90

EU may be down after NFP...........let us see

I'm on a 2 weeks vacation which is made possible because of your calls and learning from you Atheer, so I won't be active for a bit.

Thanks alot for your input, I'll be in contact when I get back

Have a nice time............enjoy your vacation my friend

UJ R at 114.20-30...............S at 113.50-60.............we may sell targeting S if possible

UJ 1st serious sellers 114.25-30.............but bulls are attacking seriously if that 114.30 broken then 114.60