Gbp/Yen – The downtrend is now slowly changing to uptrend. Although this is not a confirmed yet but i can see some changes. The moves are now slowly going up. Once my running emas is above the trend emas then its a definite long. So what would be the best option for the moment. Get a confirmation on long trend and get a position in it. (I just made 200 pips in long while writing this).
Eur/Usd – Signs are showing for the longs. Just wait for the confirmation.
October 20, 2008 at 4:44 pm
Uh Bro, what do you mean by the emas trend? Is that one of your support line just below to the trend line?
October 20, 2008 at 11:38 pm
trend emas is the 2 lines. running emas is the 4 lines. Looks like the running emas does not go above the trend emas. This is why we need to have confirmed signs before moving in. But funny, i made 200 pips just before the next cs fell down. Sometimes the mind does see something eventhough the eyes doesnt see. hehe..
October 21, 2008 at 4:10 am
The Running Emas is now forming a continous short trend now. Maybe its a rush to 173.300? But what i can say now is that, it is not a long for now.
October 21, 2008 at 9:07 am
Eur/Usd – Still short. Running Emas did not cross Trend Emas.
Gbp/Yen – Still short. Running Emas did not cross Trend Emas.