I am leaving Melbourne to Malaysia for a 2-week vacation. Yup, I am going home. Time to get some proper, delicious Malaysian food! 🙂
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Sunday chart scanning summary
I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for a 2-week vacation. I need to recharge myself.
I do not have any ‘tip or junk’ idea at the moment. I don’t see any favorite setup. However, it is interesting to see EURO showing weakness across the board. I will be interested in looking for short position for the coming week (well, if I do have some time…).
And, Gold looks interesting. I am not bullish at the moment. It looks a little bit ugly now…
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Sunday chart scan summary
I had an hectic, crazy, cum annoying week at my day job, and at the same time fighting with the disturbing flu. Hey, you’ll never know how tough it is to deal with idiots….blah…whatever, life still goes on.
Back to business. What do I see in my Sunday chart scanning? Nothing. My last two ‘tip or junk ideas’ appear to be junk. But, in fact, I am still looking at short side of EUR/AUD at the moment. I am watching , things might change in the coming week, who knows.
Another interesting chart is USDCAD. I am looking at short side, but, I am waiting for the price to settle itself now.
Here are some statistics :
USDCAD, Trend score: -70
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[photopress:USDCADTrend.jpg,full,1]
We are the Champions, We are Manchester United
Look at this! You know we are Manchester United. You know We are the Champion of UEFA Champions League!
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Tip or Junk idea: EURAUD
Not going to write too much. Aussie dollar is rallying. At the same time, does this chart look like another SELL to you soon? Are we looking at 1.6 level to be broken soon? Uhm…..
[photopress:euraud21may2008_4hr.gif,full,1]
Here are some statistics:
[photopress:euraud21may2008_4hr_trend.jpg,full,1]
Tip or Junk idea : GBPUSD
I don’t trade Cable. I found my trading performance sucks when trading GBPUSD. 🙂 But I do follow the development of this currency pair. OK, to save my breath (man, I am having bad flu now..winter is coming..) , here is the chart. Does it look a SELL to you?
Trend Score: -85, we are in a downtrend
[photopress:gbpusd19may2008_trade_4hrchart.gif,full,1]
[photopress:gbpusd19may2008_trade_trend.jpg,full,1]
