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DislikedHi Joe
Also a bounce off the 32.8% retracement on the big weekly fib (1.6038 high - 1.2329 low)
and a bounce of a 4 hr TL. Took it long at 1.3801 with initial stop below TL and 32.8% @ 1.3742. I have since moved stop to 1.3842.
Looking forward to getting back to class/analysis sessions where we can better share our trades.
Have a great week-end and my thoughts go out to all affected by the Japanesse earthquake.
Regards
Koh....Ignored
DislikedYou are doing very well.. I wish my technical analysis were good like you. You deffinately got the hang on this stuff. Proud of you man. I have so many distractions these days and things are getting worse by the day. Getting burried here and have to go live soon. I just feel theres so much more to need to learn.
Ignored
Trading trading trading
New week, new analysis, patience is all we need, this is the list, i will focus on 4 currencies to trade, but I will be looking at all of them for any changes, we have a lot to watch for this week, don't let the market fool you, follow the trend and let the market come to you.
Koh........![]()
ps never chase the market...let it come to you and show its hand
eur/jpy, 114.73 did not hold, took a dive down to 112.91, now up to 113.85, must stay above 114.17 to continue up, support at 113.55, 113.090 and 112.90 area, resistance 114.00, 114.17 and 115.25.
1.6340 resistance, weekly down tl holding, down to1.5976. We must stay above1.5997 to continue the up move. To the down side watch for 1.5997, 1.5962 and 1.5910
Never, only human brain need to relax, Attached Image
DislikedMoney never sleeps except from fri 5pm till sun 4pm but there is always homeworkIgnored