20 July 2009 - Latest Opinion On GJ

20 July @ 8.00 AM (Malaysia)

Fun-the-mentals...

No Red News... I believe the friday fundamental sentiment on us dollars will continue...
Japan - Bank Holiday...

Technical...

4Hr Trend - Possible Bullish Turning... Need to wait for confirmation @ 12.00 Noon
Weekly & Daily Mom support for New High...
I'm not in any position at the moment...
I close my last position at BE when i see possible Fundamental Sentiment Changes after Friday Red News...

Updated @ 12.10 PM...

4Hr Trend - Bullish Turning.. Need to wait till 4.00 PM for Confirmation of Bull...
Price sitting at SBR Lines... ? Breaks or Bounces... Let's the market decide.. Volume will come @ 3.00 PM after Frankfurt open... I will watch this level carefully...

Updated @ 6.00 PM

4Hr Trend - Confirmed Up @ Closed of 4.00 Pm Candle.. Price due for retracement.. So i will buy at Retracement Price (1hr 5SMA or 4Hr 5SMA) as i will assume the 4Hr Trend To Continue Unless Proven Otherwise...

Updated @ 8.10 PM

My internet very slow today.. 4Hr Trend Still Up.. No sign of rangebound..
Had a position @ 155.29... SL: 100 Pips... Aim for 300 Pips...
No more update till cm.... Internet too slow...

by Owner of Caripips Blog
W: OP: 154.40 RG:150.38 RS:154.43 M:Ab0Up... T: Up
T: OP: 154.40 RG:151.02 RS: 154.34 M:Ab0Up.. T:Up