Tuesday, June 30, 2009

30 June 2009 - Bull Trend On GJ..

30 June 2009 @ 10.20 AM (Malaysia)

Fun-The-Mental

Red News..
02.00 PM - Pound Negative
04.30 PM - Pound Positive
10.00 PM - US Dollar Positive

Technical:

Semalam (29 June 2009 @ 4.00 PM); 4Hr Trend - Up Trend.. 1Hr Lined Up @ 7.00 PM. Price shot 200 pips after 1Hr Lined Up In Same Direction..

Today 4Hr Trend: Uptrend...

I Expect price will retrace to 158.1xx - 158.5xx before current trend resume..
So my plan today; to wait for price retrace; if 4Hr Trend still UP.. Will enter swing trade (Buy) after i see 1Hr Lined Up..

Updated 1.10 PM

4Hr Trend - Remained UpTrend..
Expected retracement to 158.1xx - 158.5xx..

Updated 4.05 PM

4Hr Trend - Remained Up Trend
This the direction i want to trade today...
Still waiting for retracement to complete at IntraDay Chart...
4.30 GBP News - Positive for Pound

Updated 8.10 PM

4Hr Trend - Still Support Up..
Price retrace to 158.5xx as expected..
Still waiting for clear sign suggest retracement completed..
May enter swing trade today; if possible..
Reminder:
GBP News - GU determine direction of GJ...
US Dollar News - UJ determine direction of GJ..


By Owner of Caripips Blog..

5 comments:

Anonymous said...

as'kum bro,

sya nak tanya sikit..sya ni newbie..bagaimana nak tahu bila H1 tu line up dgn H4 untuk nak ambil position? harap tak keberatan terangkan..

tkasih,

azlin

Admin said...

Salam Bro...

Secara amnya.. Jika bro lihat chart hari2.. nanti bro akan perasan bahawa price akan trending.. then consolidation... Masa trending; we see breakouts.. masa consolidation; we see rangebound.. so apabila 4hr trend up.. 1hr trend down.. masa ni saya namakan rangebound.. Kalau 1hr trend turn to bullish.. maka sekarang 1hr line up dengan 4hr... Jika sebaliknya berlaku; maksudnya 4hr lined up dengan 1hr.. i will wait..

Anonymous said...

Ok, tkasih untuk info tu bro. Masih belajar lagi..Cuma kalau sya betul skrg (6ptg) GJ dah mula nampak CS menaik, jadi ini kah dia post untuk buy? iaitu 1Hr line up dgn 4Hr, boleh kah post buy waktu ini? Tkasih atas penerangan.

azlin

Admin said...

Salam Bro..

All depend pada price action in 1hr chart.. kalau sekadar inside bar; ia bermakna uncertain.. so i need to wait for further confirmation..

Anonymous said...

ok, tq bro.

azlin