This is nice and clean +200 and will deliver more as we go.

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This trade delivered +100 and then some more. I really don't try to aim for an unrealistic number of pips, 200-300 per week will do me fine.

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here's a quick GJ weekly EW analysis, likewise pointing to further downside. image

Wed's Level

image Yeah I would not be so confident about GJ, we are below MP and QP and also D1 candle slided through MS1. Just because we are near 2008 low is not good enough reason to load up long yet. I would actually be more interested in 115 after GJ ...

Wed's Level

preparing to go long on euro soon, after USDX does a clean break of 77 level. I want to see at least an M30 bullish engulfer on EU now.

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buying EU right about now for 3800 seems like a pretty damn good idea, considering USDX H4 pin bar formation @ the channel upper band.

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GBP CAD M30 a good trade setup to monitor, I'd short sell once the yellow area is cleared and TP will be initially set @ 5660-5670 area. image

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Finally let's check out the USDX D1 chart. Dollar managed a very strong close above WP and MP and broke important line @ 7675. It's running through every monthly resistance, and next stop is 7900, which is also Monthly R4 level. This kinda ...

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Combine that with the chart I posted on Saturday and the fact that 3500 is quarterly S2, that's good enough reason to go long @ that level. image

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So here's D1 EU chart with NN high/low levels for Monday. The levels do make good sense, so looking to sell high and buy low monday. image

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EU NN High Low Monday 12 09 2011 HIGH 1.3807 LOW 1.3521

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GU NN High Low Monday 12 09 2011 HIGH 1.5990 LOW 1.5812

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GU NN Weekly High/Low forecast for the new week: HIGH 1.6007 LOW 1.5494

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I will also calculate High/Low levels on sunday, need to update the neural network design. It did kinda OK this week, picking a few right tops/botts, but most times failed, reason being is that NN is much better @ predicting valid highs/lows in a ...

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Also wanted to say that this EU downmove looks an awful lot familiar to the early May 2011 EU slide of 1000 points, current move started @ approx 4500, so 3500 is a very realistic target on the downside now.

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Here's then the AUD H4 chart finally. We are below MP, what that means is that I tend to look for shorts now. Now we either break 3020-3080 area and then PA will go further down towards 1010 or 3020-3080 provides resistance (sorry, support ...

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Here are the quarterly GU levels. We are below QP, however PA didn't test S1 yet @ 5700 . What that means is that very likely we will test 5700 anyway, and what that means in turn is that 5800-5850 will fail and price likely to look for support much ...

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Checking out GU D1 chart, the key deal now is whether 5800-5850 can provide support, if this area fails and PA slides through, I'm almost 99% confident that we will see 5350 near term and then a retrace can be expected for sure. It does look more ...

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Here are the EU quarterly levels FYI. We are below QP and QS1, so we will very likely meet S2 and S2 price action will provide a hint about the retrace. 1.5940 R3 1.5440 R2 1.4970 R1 1.4470 quarter pivot 1.4000 S1 1.3500 S2 1.3030 S3

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Here's a quick look @ EU D1. Current downmove is not complete. We are below MP and QP, the question now is whether we will reach 3500 and then retrace or will EU drop further down to 3000 level and then do a retrace. Both scenarios are a real ...

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