Luis Carlos Journal

If SPX500 is going down, so USDOLLAR goes UP!!! I think I will short the SPX 1399.0

I hope is the last move with that wedge! Asia market should talk! YEN STRONG!

There is very difficult to know where we go in EJ, last april we could see some more waves to eliminates some possibilities...

Well I was in love with my target 80.05. That happens when you dont want to see what is going on, and you just trade what you guess...

MAYBE the correction is over, let see the pullback first, bur for me is done.

Look the perfect symmetric in the correction (white lines). I have that information but I was in love!!!!

IF SPX500 DOESNT CRASH TOMORROW (18/04/12) AND THE DOLLAR DOESNT GET STRONG. THIS WILL BE MY LAST POST!!!!

what's your view on eu in short term?h4 level.

i'm bearish on eu but 1.30 holded this week.confused

Dont worry you are not alone, I am confused too ha! I put "all the meat in the oven" for that break, but I lost all my profits with that pullback. Well that is corrective wave, zigzag, so that is the white line. The bulllish triangle doesnt work because it breaks in a low liquity market, so dont know if still valid to go up. In all case, If it goes up we got the oportunity to get short a better price. I am putting a short posicion below 1.31 (I think too tight, but let see) if the triangle failed the yellow line should be the path!.

Also for me GJ finished the correction. Minimun target that I see is 135.8 and UJ until now 83.6. I hope can get in the market in the pullback and get some profits. No as always I am getting +900 pips, dont close then next day -400 pips......

we need close below this redline for more meaningful downside room.
meanwhile spainish index already made a lower low today.bear has more chance to win i think.

The red count should be the one! I am still writing cause dollar is strong and SPX500 is down!!! I hope finish like this.

We need to break first 1.306 to get 1.300 IMO, there is a big possibility to get back to 1.321 if we cant break that level...

A-a is 56pips, b-B is 112 pips symmetrical perfect. So if we dont break 1.3060 that is wave B and we will have another pullback to 1.321...

I believe USDX is just a correction right now!

I am out Eu with +20pips at least. The targets are 1.3155, 1.321 or the big triangle 1.3305. Fundamentally thinking better it is OK what happens in Europe. Just think, Where is the Capital Market down, so the Euro should go UP. So be careful if we break 1.30 and the return to 1.37.

This has a lot of sense let see: Euro market crash, euro UP...SPX500 recover from the correction and the dollar goes down, so EUR/USD is UP. Or maybe both market crash, but Euro more deeper is the same scenario. EUR/USD UP...

No gas to get 1.33, targets are 1.316 and 1.321 US close or tonight.

Another BULLISH PENNANT...

I put two long positions 0.1 lots 1.3106. Let see if they get hit. TP 1.3055 and 1.3095. I will a SL in 1.3017 when the market hit the first TP.

Maybe H&S I will try some luck. A 0.1 lot short position @81.40 TP 80.95.

It was not a bullish pennat, just a flat correction. My positions wont be hitting