msuhaimi2007

msuhaimi2007 Updated 

I did short GU @1.5470 under the impression of strong res line (1.5490) and closed it at +1. Now price drop more. The reason I closed that trade is because i change my view from bearish to bullish. Im not really fan of counter-trend trading. However, when looking at others idea and chat with few trader here, i found that there are plenty reason why GU will go...

msuhaimi2007

I said before that I confidence that this drop will continue because price crossing my lower trendline. After further study my chart, its seem there is new trendline (light blue) which touch the last swing on 28/10/2015 low which make me sit back and wonder if short is the answer. EU still playing around the range (1.0860-1.1425). I draw some fibo and before...

msuhaimi2007

I have short at 1.1000 with SL 1.1030 here in EU and its not looking good. Im heavy bearish in EU because price already break trendline (blue) which i consider a very strong trendline (refer to red box). If this short fail, i will short again at 1.1130. Seem there trendline intercept with my support at 1.1130 and also EMA100 seem draw near to this res line....

msuhaimi2007

At first 'glare' 133.80 and 131.10 seem a very good SR line; proved with bounce that i mark with yellow box. As for right now in H1, price still dropping at normal pace IMO. Price still want to break 133.80 SR zone. Or it already break? I draw triangle and if price 'already' break this SR zone, then the drop is imminent. I waiting for price to retrace back to...

msuhaimi2007

Its seem that 1.33300 is good line to go for short as price draw near to it. However, what's worry me is there is possibility at least in this case, the history maybe will repeat itself. I draw grey box with red arrow to see the overall price movement and compare to latest price movement. Seem history repeat itself. If i ever want to short at latest yellow...

msuhaimi2007

The trendline and SR line that i got here suggest the Descending Triangle forming, which also a setup to go for short. If i want to short this, i will wait for 1.5490 but seem like that unlikely the case. Price seem to continue drop slowly with little pullback in H1. Perhaps i already missed my chance. I don't really like to enter trade far from main SR line that...

msuhaimi2007

This large drop already crossed trendline; therefore i believe its will drop more to next 2 resistance (1.10100 and 1.08600). I'm still waiting for price to move around 1.11000 and will short there AFTER i got signal to enter short. I'm certain this is downtrend is now EU seem play in range, like UJ. Let's see what happen...

msuhaimi2007

Should i play with this range?

msuhaimi2007 Updated 

Seem EU still trading in range of 1.1100 - 1.1500. Lot of ppl seem to short this pair which i think its good idea. However, i dont really like trading in the middle of range. Looking at H1, there is resistance close to 1.3000 level which EU need to break in order to drop further. Really want to long this pair, but not for now... lets see what coming next...