trading today 27 Feb 2009

Jpy is on the way correction to drop back

Jpy resistance today 98.20-30 level
Sell Jpy around 97.90-98.10 level
Target 97.05- 96.50 and bigger target 95.60 level
Stoploss above the resistance

trading today 26 Feb 2009

Follow my weekly trading commentary was posted from Sunday this week.Some trend of currency was changed to hold position.The level i gave to you still make some money when you monitor the market and profit taking with 2times went up of GBP,EUR,AUD but did not reach our weekly trading target.

It is very nice if you did short gold follow my commentary yesterday.I'm also happy with small profit with some currency trading.

Sell GPB today at ressisstance 1.4385 level
Target 1.4180 then 1.4130
Stoploss above resistance.

Eur can sell around 1.2760-80 level but it is good to short 1.2830
Target 1.2660 then 1.2635 level
Stoploss above 1.2830 level

Aud resistance around 0.6530 level,this is level to sell again

Gold still keep short around 960 and 968 level with the target was posted yesterday

Crude oil still on the way follow my weekly trading commentary

Gold trading today 25 Feb 2009

Finally gold did correction last night with a clear signal

Sell gold today around 977-983 with big resistance 986 level
Target for this correction: 953-946-939 and 933 level
Stoploss above 987-992 level

weekly trading 23 Feb 2009

I'm too busy so i did not mornitor market oftens and post my commentary some this few day.

Eur dropped low 1.25 level but the low bottom still higher 1.2510 level.So for new week trading:
Buy Eur 1.2725 level,buy again 1.2680 level.
Target 1.3080 level then 1.3150 level.Eur still on bullish signal if stay higher 1.3050 level
Cutloss below 1.2615 level or .12580 level for weekly trading position.

GBP also test buy 1.4310-30 level.Buy one more around 1.4270 level
Target 1.4550 then 1.4680 level
Cutloss all position if market below 1.4230 level

Aud test buy around 0.6420-30 level
Target 0.6530 level then 0.6730
Cutloss below 0.6405 level

JPY test sell around 93.50 level and sell once more -93.90level
Target 92.50 then 91.70 level and target for near term around 89 level again
Cutloss above 94.10 level

Crude oil can change the role of Gold for near term,the buyer will coming soon
Buy Crude oil around 36.80 level or 37.50 level
Target 42.30 and 45.50 level soon.
Stay out all position if crude oil drop back below 36.00 level

Dow jones still on downtrend but it got some signal to rebound
Test buy Dj around 7250 level
Target 7580 then 7650 level again
Cutloss if break lower 7180 level.