Beuleah Analysis

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Currency analysis from a backyard Economist

Currencies vs USD – January 2009

2009_02_06__pic1

 

 

 

 

 

 

 

 

Source: DailyFx

 

Filed under: Weekly Charts

04.02.09 – GBPJPY Daily Chart

 

The daily downtrendline was broken last week and this week on monday it had a sharp decline but the fact of the matter is, GJ is not respecting the daily trendline at all.

This is the live trade I’m currently in. Based on the last low at 128.40. If it retrace more I’ll adjust my position size and target profit according to the development.

 

- A~I~

gj04-02-09-011

Filed under: GBP/JPY

USD/CHF – Weekly Chart

usdchf

I’ll be entering at 50% level this week if it bounce as the upward channel is there as support. The profit target level is at 127.2% expansion level. The trade might be open for longer than 2 weeks.

Filed under: USD/CHF

GBP/JPY Madness – On Our Side

gjtoday1Went short at 23.6% retracement

gjtoday21

Madness absolutely madness, but hey I won’t turn down these 400 pips right? ;-)

Filed under: GBP/JPY

EUR/USD Unreal Fib Setup

eu11122008The trend followed Fib Patterns to the pip, Unreal.

Filed under: Weekly Charts

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