Rabu, April 09, 2008

Pipkeeper's Trading Journal


Dollar has been trading in side ways against Yen this few days with several attempts to test the 38.2% fibo's retracement. Should the initial resistance break from below, a further move upside of
USD would be have been anticipated. No position held at the moment of writing. All orders all cleared before.


EURUSD.

Same goes for Euro, movement of market in side ways. No other possible comments though!




*This analysis is meant only for Pipkeeper and not for public usage.

2 ulasan:

Tanpa Nama berkata...

Salam.
Hari ni ada masa sikit, jadi I check your blog. Sikit comments pasai Eurusd-dia ni tengah dok coiled nak breakout to the upside. You boleh tengok dia tunjuk ascending triangle dan byk kali dah test resistance. So you can expect a breakout. Strategy-boleh trade breakout (higher risks) atau tunggu 'last kiss' (lepas breakout price turn back to kiss last resistance yang jadi support (lower risk-tapi might miss 'last kiss'). Anyway that will be you call.Itulah saja my comments.

Saiful Ambar Abdullah Ambar berkata...

Thank you Khairi for the comments.Lambat reply, attend function just now. Indeed, daily and even weekly chart is showing ascending triangle for Eurusd. Breakout trade for sure. But right now - the price seems retrace. Maybe the next move dia breakout.