Sunday, August 10, 2008

GU

Good morning, Traders!

We're going to look at GU for this week's plan right now as I can see price broke through the median line on the weekly chart. To share my experience before, from this point price might retrace for a couple of hundred pips to the north after Friday's fully bearish move, or if price doesn't retrace then that simply means USD still got the strength to move GU down.

I will definitely go short when all requirements are met.


Let me express my feelings abit for a refreshening Monday..
Last week was a very good week where I took quite a large amount of pips.. I started positively and it ended also nicely positive ;) I also enjoyed the weekend with friends, oh and I ate alot last weekend, lol. Had a nice 5v5 football game, and hell yeah I scored goals, too! There weren't many people came to the field as someone told me they were busy preparing for 17th of August Indonesian Independence Day. I hope I can make much more pips this week. Got to be aware of consolidation after last week's move...

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