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- Stocky Monk replied Jul 1, 2010
Glad to hear it mate...happy to have you here!!! Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 1, 2010
Sure will be a strong signal....so far we have had a HnS on a 15min TF right up at 5125 area.....then on the Hourly around 5070 and now a much bigger formation building on the 4hr...reversal pattern accross multiple timeframe is a sure sign of a big ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 1, 2010
Higher Low formed on 15min TF after price holds at 4887. If we get a 50% retrace of the recent down from here we have a HnS formation on the 4hr which could be the sign for a much stronger down move than initally thought...will have to wait and see. ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 1, 2010
"Morning All
" Hi Tau, Thanks for sharing your charts and trading system. It is kind of you to share this indicator with rest of the members on the thread as I know alot of work has gone in behind developing it. You seem to have achieved steady ...GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Hi Shahab, Glad to see you on the thread mate....its going well so far and hopefully with analysis from traders like yourself it can develop into a awesome trading thread... Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Thanks for the time and effort in you posts today mate...always a pleasure reading your thoughts on market news and analysis

GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Thanks for your input into the thread today.....theres no limits on how many posts you can submit.... aslong as they are FX/analysis related
have a good evening StockyGU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
5 min price trap — 5 min Price trap has developed since we bounced at 4940 area earlier. Lower distribution on market profile has been forming. A valid break to the downside will have us trading to next the support level 4920. Alternatively we ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
I agree...definately in the making of a doji at the moment but with NFP's on friday this could all change. No mid or long term setups for me...Just scalping GU intraday therefore will assess this daily. Have a good evening all. Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Slightly different charts but still looking at the same weekly key area and Sup/resistance levels..
Strong weekly res halting price...Technically we should be in for a decent down move from here. StockyGU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Hi Tau, Yep nice little bounce there for a cheeky few on a counter trade....With the last hourly closing above 4950 and the hourly 200ma sitting right at 4950 also I see this area holding for now....looks like a lower high is forming on the 5 min ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Price bounces from 4945 as expected....another chance to load on shorts here but I would be careful now going into London close as the profile has completed a 140 pip range today which is average for GU....We may continue to trade around here for a ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
We are approaching fridays distribution and Point of Control at 4945...due to the distribution being quite smooth and curved we will probably trade 15-20pips past this point and then perform a bounce of some sort...will be interesting to see if this ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Hi Puks, Well done on your short trade...it was touch and go with that HnS at the 5080 zone but it finally materialised. So well done. Feel free to post your thoughts and analysis....
StockyGU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
hi — Hi Tradeprice, Love the simplicity of your analysis. I do keep an eye out for your posts when I get the chance and think they are great quality. Hope you suscribe and contiue to share your thoughts with the traders on this thread. ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Thanks for the heads up on the EU trade..probably would of missed that while being engrossed in GU.....entered 1.23 after them SP's were hit and exited prematurely at 2267 prior to the US data....didn’t want to hold to two positions on 2 pairs ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
GU — Following this mornings fakeout to shake weak shorts price eventually head back out of the price trap. If you missed the pivot sell like me then there was another great opportunity after the 11am GMT hourly candle formed a pinbar of the ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
Looks like we have had a classic fakeout on GU following the price trap break. This is induced by the insitutional players to clear out weak shorts before heading lower. We have approached this weeks POC area around the 5070 region. Seems price is ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jun 30, 2010
EU — EU Single prints between 2297 and 2311 from the 28th June profile...looks like a good target before reversing. Stocky
GU, GJ and EU Analysis Thread