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- Stocky Monk replied Jul 14, 2010
I exited my E/J short at 112.67 ....previous 4hr swing high resistance now support. Will re-consider entering once this level has been broken. EJ and GJ have made a lower highs on the 15 min so looks promising if you are still in short. I have G/J ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 14, 2010
Had some news on BP via reuters yesterday suggesting they have finally contained the spill...may see a rise in there shares slightly but long term its a can of worms I would say with a mountain of lawsuits sitting on there doorstep. Anyway nice ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 14, 2010
EJ, GU and EU recap — EJ, GU and EU all at major dailly or weekly resistance. Yesterdays push up has us testing major weekly and doliy resistance levels on all 3 pairs. GU is facing numerous resistance levels...Daily decending channel Res, ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 14, 2010
Hi Sinner, Welcome to the new thread....The old one was closed down by Twee after DT decided to go commercial and offer signal services for a fee...Nothing wrong with that but hes limited to the commercial section only now. Few other reasons aswell ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 14, 2010
Hi Tau, Thanks for the kind words.
StockyGU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 13, 2010
Reuters Euro recovers after Greece's debt auction results... Greece successfully tapped capital markets for the first time since late April. Thought these bits of news data might be of interest to some. Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 13, 2010
July 13 (Reuters) - The European Central Bank drained 200.9 billion euros of overnight cash from euro zone money markets on Tuesday, paying depositing banks an average interest rate of 0.76 percent on funds parked at the ECB. Tuesday is the last day ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 13, 2010
EJ — EJ has finally traded down 110.84 and tested the daily channel resistance as support. There is an decending hourly channel also which looks like a flag pattern for the bigger 4hour picture... I would be careful selling the top of this ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 12, 2010
Last weeks range support holds as resistance....5080 is also 50 % fib zone of drop since last week. VSA gave a climax bar followed by a high volume churn candle at resistance 5080 indicating supply entering market...good topping pattern. If you ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 12, 2010
EJ — Looks like a 15min HnS pattern on EJ. Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 9, 2010
Hi Mike, Sorry for the delay...been overseaing a GU scalp. Glad you found the daily GU outlook helpful.....As per your question cable loosing its correlation with the Dow.... answer: I don’t think there is anyone specific reason the correlation was ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 9, 2010
GU Daily Outlook — A few GU charts just to outline the mass of resistance we are facing just above the 5240 level. There are numerous daily and weekly TL's along with monthly/weekly horizontal support zones. We have a monthly Inside bar setup ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 8, 2010
EJ broke out of its down channel as EU broke to the upside. Didnt quite make it down to 110.86 but strong support was found at the daily R1.....Plenty of momentum behind this one... VSA used for entry on 10min TF... 12.10 candle was a high vol churn ...
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 8, 2010
GU is approaching yesterdays point of control...5138....would expect us to slow down or bounce around here. Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 8, 2010
EJ — Daily secondary channel resistace has been broken...we still need to close above for today to confirm break. A pullback to 110.86 support and then 113.15 is next target. Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 7, 2010
Hi Tau, thank you for your kind words once again....have a good evening....im done for the day....football next
oh and well done on the trading result over the last 2 day...nice work!! keep it up! StockyGU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 7, 2010
some of them arrows werent very clear so here it goes again.... clear as mud I here you say...haha Stocky
GU, GJ and EU Analysis Thread
- Stocky Monk replied Jul 7, 2010
EU VSA trade — Afternoon/evening All, Some very nice analysis posted today.. Had a good upmove eventually on both EU and GU today....I’m attaching a post outlining a EU trade I took today...well the only trade I took. Sat the GU move out due ...
GU, GJ and EU Analysis Thread