Sunday, 25 March 2012

NZD/USD short and AUDJPY closed

NZD/USD result: + 180 pips.

AUDJPY closed short + 195 pips.

Nothing's changed within the big picture, just thought of taking some profit off the table, going again short on retracement, regarding audjpy. For nzdusd, we'll see.




Monday, 19 March 2012

Sunday, 18 March 2012

AUD/JPY short idea

Market is coming close to the short term up channel line and horizontal resistance line. It's also 61,8 % of the total high - low (2007-2009).

Not quite sure, but also seeing bearish gartley on daily chart? High correlation with S&P, so drop in there will trigger a short selling here for sure, how likely is that to happen now?

Add your comments if you have any ideas.

Regards!




Friday, 2 March 2012

Bearish butterfly NZDUSD - update

Looks like it's going down. Do I even have to mention that he stopped me out on that last spike?