Forex ideas

FOREX Corner
Date: 08/18/2008

¬¬Here are several ideas what I will watch for Monday. Setup is above pattern. I like to use equal move for possible target area, but that depend on breakup/breakdown pace. If is stronger then pace before consolidation (pattern) then I will look for more then equal move and if is weaker then I will look for less. Of course support/resistance areas on the bigger time frames are very important too. If anyone has any question feels free to contact me. Soon I will have automatic alert on every update so it can be easier. I use bigger time frames for directions and I will go over smaller time frames like 5/15 min for trading plan.


AUDJPY
http://tinyurl.com/5ufp83


EURCHF
http://tinyurl.com/54rjo7

EURGBP
http://tinyurl.com/593xjz


EURJPY
http://tinyurl.com/6bxzb8


USDJPY
http://tinyurl.com/5qz9fd

Good trading!!!

Ivica
 
Quote from ivica:

19:07 pm ET

http://www.ivicacharts.com/diagrams/2008/07232008USDJPY60.jpg
More...

I shorting USDJPY
using this forecast chart
that Black Line is where its at from last week
red is top
green is bottom

each gride in x-axis
is 24 hrs from Japan Open 14 hrs ago

Forget the title date ( did not change it)
so...itss a sell
I am Now shorting alll GBP Crosses+
EURJPY

Longing EURGBP EURUSD AUDUSD and NZDUSD + Some EURCHF
GL


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2032693>
 

Attachments

Quote from ivica:

12:00

http://tinyurl.com/5v4vul

Bear flag on the daily time frame and I show it at 120 min chart. This is 3rd try to break down with consolidation (base) at low. I will short it under base and I will look for 1st support area as 1st target. But if will be daily trigger then we can expect much more as setup on the daily chart (bear flag).

EURJPY

Another oportunity.

http://tinyurl.com/5ra7ds

Good luck..
Thanks
I Just shorted
Target 156

GBPCHF is very good short here for 1.96 Target
Ivica
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