Gold Over Bought ?

[caption id="attachment_7179" align="alignleft" width="300"] Gold Trading OV Price[/caption]

Gold Trading: Looking for Short

Since gold pass 1270.00 is start to be Over Bought. After what if fall in an old highs range between 1350.00 and 1325.00. What it's good for those who are more "Long" on mid-term in gold trading. As you can see, after price get over bought, buyers was in control on gold price, by moving slowly Up with LL-HH,HL-HH Pattern. But on last week, on last move up, buyers fail to create new highs, and sellers did create new Lows. Like what, we should go back in 1300area and even better if gold price go back at 1270.    

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GBP/USD Short Trade to expect next Week

[caption id="attachment_7174" align="alignleft" width="300"] GBP USD Trading[/caption]

GBP/USD Short Trade

After small drop of price (Red trend line), Buyers try to bring GBP USD price to last high. They actual fail to make a double top at 1.68points , and get stock between 1.675 and 1.670 area. Waiting to sellers break my "Green Trend LIne", and go for 1st, 2nd and 3rd target easily. After what GBP USD price should consolidate for new direction.

GBP/USD Short Trade to expect next Week

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Day Trading Eur Usd Nice momentum for Long Direction

[caption id="attachment_7168" align="alignleft" width="298"] day trading eur usd[/caption]

Day Trading Eur Usd Nice momentum for Long Direction

Nice week, Eur Usd did what I saw it will do. Making new highs for the 3rd time in a row, there's some good momentum on buyers side who looking to go back at 1.4 point. Very bad for EU economy, but this is not us problem :) Will keep update about Eur/USd for next move to expect and where get futures profits. Have a nice Woman's Day Everyone!

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