Gold Trend Analysis 2013 03 14

Gold price still in bullish trend and stay above SMA200. However, gold is sideway for mid term and in descending triangle pattern. Gold trader still not making any move whether to continue bullish or start a new bearish trend.

Triangle pattern can be considered as correction phase while moving in uptrend/downtrend. Some trader/investor taking profit while the other is buying.

Gold can be reinvest when price near the supporting line as price tend to rebound thereafter. Trader can execute stop loss when gold price break the supporting line.

Happy investing.

EUR/JPY Trade 2013-02-12

Short trade for EU. Place stop loss around 50 pips above entry.

GBP/CHF Trade 2013-01-24

I saw triple bottom. Want to try it.

Stop loss below tail. Will be done manually.

GOLD Trading 2013-01-24

Gold broke the channel.

Trade with manual stop loss.

GBP/JPY WEEKLY ANALYSIS 2013-01-20

GBP/JPY WEEKLY ANALYSIS 2013-01-20

All the best.

EUR/JPY Technical Analysis 2012-09-24

As EJ already making a new higher high, we are now looking for higher low before we preparing ourselves to take a new trade. EJ may want to test 61.8% fibo.

Trade idea:
No trade until we see the formation of higher low. As EJ is above kumo then we only want to take long trade. We want to see EJ break tenkan sen then we ready to take a trade.

Let's see the next move.

GBP/JPY Technical Analysis 2012 09 09

GJ is above Kumo and we believe GJ will continue bullish. We already set our 1st and 2nd target. GJ also in 'Cup with Handle' pattern. A reliable pattern. Let's see how GJ doing next week.