new low in EUR

break below the 2008 low tonight.  what a night…

 

many things are lining up for a crash…  let’s see how this probability game goes on…

1.46 target reached

If you were shorting GBP with me, at least 300 pips in the pocket right now…

 

more downside to go.  As I said earlier, GBP will make record low in 2010/2011…

 

GBP good short opportunity

if rally to 1.5, target 1.483, then to 1.46 region…  

 

stock market has show a nice rally, we are about to turn head down soon….

bullish monday

as my last drawing shows, we will see some rebound very soon, possibly next monday.  1150 now serves as the resistance and then 1200.  1200 should be the ultimate goal for this rebound…

 

for the downside, there is a lot of room, even a huge crash in sight.  let’s discuss that after the market flip over again…

A chart

i really hope all the boom we saw in the past months are true and we can get away from the recession. however, it seems we are getting to the point that every corner of the world will be affected… this could be a reason i am not happy at all after a huge change in the account…

 

if still sitting on any long position, this rebound might be the last chance…

 

1150 in sight

it indeed gapped up and fade at the line…

 

move stop to entry price and will hold the short for a while.  a key support at 1150…

 

GBP/USD

One line makes the chart simple…