Chart Update... Need to wait for confirmation

1. Daily - Belum confirmed price akan RETRACE based on closed candle on FRIDAY.

2. 4Hr - Belum confirmed price akan RETRACE based on closed candle on FRIDAY.

3. 4Hr; price make a double LOW... so price most likely will bounce and may test NECKLINE...

4. If price breaks NECKLINE in 4Hr & Daily Candle make a NEW HIGH - This suggest price will make bigger retracement..

5. My strategy: RIDE THE BEAR TREND TILL IT ENDS & SELL ON RALLIES...

6. Will update chart if (1) & (2) confirmed.

Update 4Hr Chart

Weekly SUPPORT untuk price buat NEW LOW...

SELL ON RALLY...

My Mind At The Moment

Daily - Possible confirmation of Bear May Continue...

4Hr - Waiting for Confirmation

Bear Masih Berkuasa

TRADE UNTIL BEAR TREND ENDs..

Ascending Triangle...

DownTrend end with Ascending Triangles - Need to see clear breakouts... Favor Down

Chart Update..

Let's the market decide.... Free Ride Strategy On Board

My Strategy On Monday

4Hr Trend Down... Price below DownTrend Channel
Retrace Mode In Progress
Enter on Rallies & Watch for IBs or Long Wick Candle Reject The Line

Price Trend.. GJ Quick Update...

Weekly TF Update...











Daily TF Update...

Monthly Chart... New Bar will start Next Week.. HgL will formed if price failed to make a new high...

Most of Red News till Friday are USD Negative...

This may support Bear for GJ unless there are surprise news especially Jobless Claim tomorrow..

by Owner of Caripips Blog...
Pls Note: No more update till next monday; i will be busy in Malacca for Workshop...

SBR RBS Lines...

23 June 2009; Permulaan Big Downtrend??

23 June 2009 @ 8.30 AM (Malaysia)

Fun- The-Mental

Today Red News ; Existing Home Sales - US Dollar Positive News @ 10.00 PM

So today we can trade using Technical until that news..

4Hr Trend : Established Bear sejak 12.00 MN semalam..
So mulai sekarang kita hanya akan SELL until Proven otherwise..

Daily momentum Strong Pointing Down.. Adakah Head & Shoulder Pattern akan dipecahkan pada hari nie..





















Current Scalp Position Still Intact: Free Ride..
Looking for Good Place to enter Swing Trade.

Update 12.00 Noon

Price berjaya tembus previous day Low as expected; latest 4hr & 1Hr momentum FLAT. Price dah shoot 200 pips down after 1hr & 4Hr lined up in same direction. Nice 150 pips in profit for swing trade.. Now need to wait for Good Retracement; so that the price may shoot another 200 pips down if this 1Hr & 4Hr lined up again - Then enter another swing trade.

Scalp Trade (Adjust stop to BE) - Will only close the trade if TREND change. Hope it will hit TP soon.

4Hr Trend - Masih Down.. InTraDay Chart sedang buat Retracement.. So tungguuu..

Update 5.00 PM

4Hr Trend - Masih Down; Will follow this trend sampai END

Update 9.00 Mlm

Lagi sejam akan ada News untuk USD - Dollar Positive.
4hr Trend - Masih Bear.. Price naik sekarang aku assume cuma Retracement..
Resistance di 157.1xx - 157.3xx
Wait N See..

Sekarang menunggu Next Breakout..

Reminder:
"Always assume the underlying trend to continue unless proven otherwise"

by Owner of Caripips Blog