Sunday, August 3, 2008

Tips by Auslanco..

Hari nie aku belek FF.. tetiba master auslanco muncul semula... Nice.. Banyak aku belajar mengenal GJ dari mamat nie... So ini opinion dia untuk Bulan August..


" The monthly momentum is bearish as you can see from my GJ charts I posted earlier. However the Stochs are still rail tracks and it will certainly spike above the last month highs(215.89).

My swing strategy for this month,

I will enter my first short position @ 215.89 and I will add more positions @ 216.80 and 217.60 targeting lower 207. If the current monthly bar close above 218 ( highly unlikely), I will close all the short position with a big fat loss. Otherwise I'm expecting aprox 1000 pip fall after the price breaks the July highs.

But hey, EUR/JPY will give us a much more safer and a cleaner short trade this month...

Note: Follow 4Hr chart... kalau price terus turun; possible untuk kiss circle on 1Hr and bounce up to previous week high... Kalau price tak mau turun; dan breaks upper trend on 4Hr.. maka price akan makin naik sehingga kiss previous week high...

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