And I wonder if the no-confidence motion for Kan in a few hours in Japan will have any effect?
GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- #1,663
- Jun 1, 2011 9:44pm Jun 1, 2011 9:44pm
sorry for the late reply. stuck in the client meeting...
euro sitting right at support right now with 1hr chart stoch os.
for further shorts, 1.43 has to be taken out. nfp friday, trade with caution.
- #1,664
- Edited Jun 2, 2011 5:46am Jun 1, 2011 11:31pm | Edited Jun 2, 2011 5:46am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
I withdraw my apology of a few hours ago. 
At that time, the formation was still in its infancy and I became somewhat unsure as to its integrity.
This is how i see it now.
Not saying it can't go down further and the "handle" may end up being wider, but the upper trendline shown is the one to break for wave c, based on the cup/handle definitions. For this chart as shown, target after breakout should be around 137.
And, yes, it did retrace much further than expected. Cést la vie.
At that time, the formation was still in its infancy and I became somewhat unsure as to its integrity.This is how i see it now.
Not saying it can't go down further and the "handle" may end up being wider, but the upper trendline shown is the one to break for wave c, based on the cup/handle definitions. For this chart as shown, target after breakout should be around 137.
And, yes, it did retrace much further than expected. Cést la vie.
- #1,668
- Jun 2, 2011 6:34pm Jun 2, 2011 6:34pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
ty pk
got downmove's small part but after hammer confirmation caught upmove all the way
good trading
congrats.
- #1,672
- Jun 3, 2011 1:20am Jun 3, 2011 1:20am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #1,673
- Jun 3, 2011 1:32am Jun 3, 2011 1:32am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Today....somebody will play hit & run
Piter may be... since he is a greedy b@$t@d...
- #1,674
- Jun 3, 2011 1:43am Jun 3, 2011 1:43am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
Don't look at me buddy. im done for the week.
Piter may be... since he is a greedy b@$t@d...
- #1,675
- Jun 3, 2011 1:58am Jun 3, 2011 1:58am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Don't look at me buddy. im done for the week.
Piter may be... since he is a greedy b@$t@d...
- #1,676
- Jun 3, 2011 2:03am Jun 3, 2011 2:03am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
neeh, im fine..
- #1,678
- Jun 3, 2011 5:36am Jun 3, 2011 5:36am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #1,679
- Jun 3, 2011 5:52am Jun 3, 2011 5:52am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
neeh, im fine..
- #1,680
- Jun 3, 2011 5:54am Jun 3, 2011 5:54am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
NFP = - 54k ...
Next month I'm sure we will positive NFP
