$ € £ ¥ trend surfer

Discussion in 'Journals' started by CaptainARK1, Aug 23, 2009.

  1. GBPUSD short @ 1.6546 on Friday. Low lev. Manual stop.

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    aim: add more as I ride the Daily downwave to natural decay on max. lev = moderate.
     
  2. calls:

    (1) $Index next target = 90

    (launchpad = 61.8% Fib (Mar'08-Apr'09) - imminent)

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    (2) Dow Jones 4,325 .. S&P500 if < 650, then 270 or 225.

    (Vix launchpad 200 week m.a. and downsloping wedge aka wave "C" EDT)

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    (3) Gold target $493
     
  3. The 61.8% Fib mentioned above fires a rocket on 60-min.