10.06.2010 7:54 GMT +1

Not much to say from charts, all my sentiment got cancelled due to overnight activity [including gold]
If some perfect setup occur on 1M chart I will possibly buy GU or EU.

09.06.2010 23:42 GMT +1

GU - 4H formation points clearly down, but I'm not gonna take it during assian session.
EU - same as GU
USDCAD - points up
CADJPY - down [thatthis may be born for CAD move for tomorrow]
AUDUSD - points down as yesterday, but this time top is higher then yesterday, so I will prevent myslef from trading for tonight

09.06.2010 11:08 GMT+1

GU on upway move
UJ strategy cancelled
GJ may be further up [132.20 as I type]
Gold is it pinbar? look if goes above 1239
AU strategy cancelled

To sum up - I will long GJ or GU on perfect 1M setup, [firm cross below 132 -GJ and 1.4450 -GU cancells all]

09.06.2010 GMT+1

Still chance for GJ to rally, and my Gold plan is still valid.

GU made higher low on 4H opposing to EU, that felt even lower last week. This makes GBP crosses more attractive to long in general.

09.06.2010 0:33 GMT+1

AU - this may e reverse down now [11:30 London time] from 0.8275

GOLD 1229 level combined with weak world economy is an extremaly strong area for bounce higher

GJ - bounce-like formation - think of long

UJ - similar to GJ, but weaker somehow... here chances for rise are still strong, but first wait for break above some 30m trendline... [good strategy - enter on perfect 1M signal up - keep it up to 50% retracement of recent 4H plunge, then wait for small reversal and another buy oportunity. This strategy I may copy on GJ.

21-05-2010 2:44 GMT+1

What more should I say.
Whenever chart talks to you, just listen and act...

I made couple of nice trades on today EU run up. I was out quite quickly due to very tight stop loss.

Tomorrow I will try to take out more on longs, however I would feel much more comfortable if Asian or European session correct some of those moves.

Depreciation of gold is nice, however I would prefer to see it fighting recent bottom on daily chart [it's still quite far away, so let's give it few more days].
DJI did quite badly what alerts me a bit. If those sells will be regain shortly I will be more than happy to buy more EUR and maybe buy back into my EURPLZ trade [yet closed by SL]

19-05-2010 21:58 GMT+1

EU has just told me to buy at 50% retracement of afternoon move.
Nothing more to comment.

18-05-10 2:49 GMT+1

Pinbar on EU looks promising, I entered tiny size on EU long yet, however I'm waiting with bringing out big guns.
I set alerts for breaks of Monday highs on EU and EJ, and these are pairs I am willing to trade, however I see more interesting picks for tomorrow:

EU - long above pinbar
EJ - good for long above pinbar high
GU - I may scalp it long, but nothing to go crazy here
DJI- here rises are more reliable for me than on EUR crosses as US seems to be more stable economy than Europe [long bias]
GJ - nothing to comment, [long bias]
USDCAD - nothing I would trade here, but I think it's going to fall

16-05-2010 21:22 GMT+1

Apart of my recent euro analysis I will watch following currencies:

USD seems to rise further. As long as traders wont escape to gold.

JPY - there was massive spike on 6th of may. Two days later is a local top on all JPY crosses. I think 50% retracement betweenthose two extremes is where JPY will bounce up.

16-05-2010 12:36 GMT+1

Most of my attention is focused on euro, yet I found nothing certain in the market. I see both 1.10 as well as 1.30 for euro possible [including possible ECB intervention].

Specifically 1.30 is quite unexpected, and that's one of reasons EU can be back there.

Yet I trade small positions on breaks of previous days lows or highs, especially on EU and EJ.

What I may say for sure is that if EU wilt utrn up, it wil be very sharp move, so if anyhow I will enter long on euro, I will try to exit 1/3 quickly and leave rest for easy 500 pips gain.

13-05-2010 2:02 GMT+1

Euro did not fall today, but I saw not even hint that it's going to, so I stayed away from trading today.

What I find interesting is general strength of CAD and weakness of EUR, so I'm still prepared to short Euro on tomorrow London session [but need breaking of daily low first]

apart of tempting EURCAD short trade I find gold worth trading long as well as mini-Dow futures [but I will wait with Dow for pullback]. Yet nothing convinces me enought to leave open trade overnight. [apart of already opened short EURPLZ]

11-05-2010 23:53 GMT+1

I feel some tension to short EJ, but I feel I need some extra confirmation yet. EU seems to be oversold, GU and GJ in 30M uptrend don't help either.

USDCHF looks like nice long trade if will break tuesday high I will try to enter on pullback.

Strong Gold undermine my concept of euro recovery

12:40 GMT+1

I traded what I said. I bought EU, however after 20 minutes I decided to trade EJ.
My total performance was magnificent considering I could trade only one position due to small account [so no position management was possible].
Finally I lost 1/3 of my gains due to greediness and giving up on my trading plan.

I am still short on tiny EURPLZ contract as Polish Zloty lost terribly on Thursday-Friday panic what was totally irrational. Will possibly keep this position forever as a carry trade.

10-05-2010 01:12 GMT

With massive opening gap EU is a benchmark of nearest market sentiment.
In general if Monday's price action won't surprise us with any extraordinary movement I will trade short below Friday's high or today's low, or long above today's high.

In eneral I do believe monday will set top or bottom of this week.

I see very attractive pinbar on daily gold. Situation in europe is now unattractive, however dollar seems for me to be strong enough to not to push EU much lower. In such a circumstances I would keep all my money in gold for safety reason.

As for EURUSD I expect this pair to not to fall much lower I think tomorrow ECB rate decision will be a strong signal for traders to get rid of their short positions.

Based on pinbars on most of JPY croses I observe and general weakness of GBP on friday I set my trade below 143.22 and I believe it can fall another 100 pips or more from there.

I see 2day pinbar on UJ, I will trade with first profit below 94.77 and SL based on 30M price action.
These are levels I'm going to watch closely tomorrow:

EU
break above 1.3266
bounce down of 1.3290
break down or bounce of 1.3114

GU
break below 1.5124
bounce down of 1.5295 [significant]

EJ
break above 125.00 [significant]

I will trade short USDCAD on nearest 30M signal [lower high followed by breaking recent 30M low].
This is based on strong 3-days pinbar already broken yesterday and now hesitating. I will not trade it if yesterday's high will be broken.

Mini-Dow looks nice as well. If recent highs will be broken, I will trade it long on nice 30M signal. CADJPY with first target above 92.0

What is important here I'm also ready to trade this pair long in case it will break recent highs.

GJ - entry on bottom of previous week low [4h chart, grey line]. Price firstly ranged just below mentioned level. Then break of bottom of the range was sort of alert to enter [blue ellipse]. I managed to enter @ 141.05.

my TP was 140.55. However it was not triggered I managed to close half with 30 pips profit after I noticed how close to my TP level price just bounced back.
I moved SL for another half 5 pips above entry level, what caused me 5 pips loss on another half.

After this GJ raised 40 pips above marked level, so closing trade with small loss was definitely profitable decision.

I decided to return to my practise of making notes. My new commentaries will differ a bit.

I will mostly post levels where I expect price to turn back for 30 pips and more. I will be making trade decisions simultaneously basing on marked conditions after level was touched. Then I will post all trades I've opened, sometimes with charts and comments.

sometimes I will post interesting setups on daily chart and will describe if trade them.

In nearest future I will submit my trades on myfxbook, so you can study exact levels and times of my trades.