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May 20 (Bloomberg) -- Crude oil rose above $129 a barrel in New York for the first time after billionaire hedge-fund manager Boone Pickens said that oil will reach $150 a barrel this year because supply isn't keeping up with demand. Producers are ``running out of oil,'' Pickens, the founder...

I missed another ideal sell attempt on AUD/USD at above 9600 so will watch for confirmed retracement trend. Looking at the G/U for a sell above 9705, catching it at 9725 area may prove profitable for a swing down.

Sold AUD/USD at 9454. It's taking a pause and small retrace now before moveing on up.

So I'm trading the USD/CAD down from 0023 stops at 0 now and target is distant... 9925. Selling now is not as safe an entry given current price of 9994. I need to adhere to this... ideal entries give traders the ability to be wrong about targets and still take some profit or break even when...

AUD/NZD dropped as suspected, down 100 pips from when the double top was mentioned. Should have sold that instead of fighting the trend with the EUR/AUD. AUD/NZD dropped because N/U rose significantly probably due to expectations of positive news later. AUD/USD did stall where expected and...

Stopped by the EUR/AUD and re-entered at 6428 for swing attempt. I opened extra positions and scalped twice for 8 then 15 pips but will focus mainly on swing trade attempts in the journal not scalping generally.

Canadian Dollar Close to Eight-Week High as Prices of Gold, Crude Oil Gain The Canadian dollar rose and traded near an eight-week high as prices of the nation's commodity exports increased. USD/CAD seems to show a depreciating pattern that could target much lower than current 1.0006 price...

Stevens Says Central Bank Is Raising Rates to Curb Inflation, Avoid Errors The Reserve Bank of Australia's bid to cool the fastest inflation in 17 years by raising borrowing costs aims to avoid mistakes of the 1970s when annual consumer prices surged as much as 18 percent, Governor Glenn Stevens...

I waited and have pulled the trigger at 6474 EUR/AUD. AUD/USD is fairly high and nearing a stall area. AUD/NZD has double topped and is quite high. EUR/AUD nearly hit my stop which was below 6432, hoping for a large run up now, pattern is a bit extreme so there may be a truncated Elliot...

EUR/AUD did bounce up at 6550 about 40+ pips but wasn't the final uptrend resumption point. Now abouyt to bounce off 6500 area and could go up quite a bit. Worth another buy attempt for 100 pips or more I think.

I missed the USD/CAD sellpoint at about 0060 but caught it for a few pips bouncing off 0005. It may be a good sell with downtrend if it moves back up above 0025 but that is less ideal than the missed 0060 sellpoint. Currently doing an ABC up, small scale from 0005 and at 0015 currently Also...

Took partial exit of E/A at 6596 and will be stopped on the remaining at -10 pips if it goes higher. Might close sooner, perhaps 0 stop. I'm reluctant to re-enter if stopped because larger trend is up and the next target is probably about 6655-60 heading up. The pair may retrace further in which...

EUR/AUD has reached a point of likely retracement in the mid 6620's to mid 50'sand although the larger trend up seems established there should be some retracement soon probably 40-50 pips or more, enough to get stops at 0 hopefully because I'm in at 6627 selling. If it retraces a lot, buying on...

I was away from keyboard for the EUR/CAD buying opportunity of 5400 however it bounced there as expected and would have yeilded a good 75-100 pips for the savy trader who took the buy suggestion. Ideally, one could have sold it down from the previously mentioned price then exited near bottom...

Watching for a double bottom at 5400 of EUR/CAD on1 day charts. Currently at 5508. A bounce back down of EUR/AUD at 6600, currently 6511.

These performed basically as expected although the EUR/GBP dropped lower than originally proposed before resuming higher hights as expected. USD/CAD seems to be finishing a 5 wave set down seen on hourly charts, bouncepoint at about 0025 likely if it gets there. News was CAD bullish and oil...

EUR/GBP finished a 12345 up on hourly charts and doing an ABC down. I think it it willl rise again from about 7850-55. Either the A down will take it to 7850 or the ABC down will be complete by then, not sure so will take the bounce anyway if at computer. And by then it should be clearer as to...

Good work on EUR/AUD Galactisol. When doing analysis on that one the pattern down shows conservatively complete although could extend more. I'm not sure if the pictures attached will be of help or hinderance... The 30 year chart shows a wedge and 10 year an ambiguous count which, if I...

U/CAD at 1.000 seems good for a bounce. It punched through 1.0040 level like a hot knife through butter so I didn't try and catch it. It should bounce up in wave 4 then down again is my best interpretation at the moment, watching 5 minute 10 day charts with a memory of the larger pictures, both...

USD/CAD could be nearing a good buy point at a double bottom on 5 minute charts, near 0040 or lower. It appears to be completing a 5 wave set down. EUR/USD is featured in the attachement.