Friday, January 4, 2008

EJ analysis part 1

EJ TF Daily
-Bias Bearish (Long Term Downtrend):
  • 5 bar ao (Bearish bias)
  • qqe crossing below line 50 (bearish bias )
  • might be have some retracement (yesterday candlestick sign for bullish)

EJ TF4hr
-trend: Bearish
  • 6 ao bar (bullish bias)
  • qqe cross (bullish if confirm after 1hr)
EJ do some retracement now before continue downtrend. If break 161.80 EJ expected bullish up to fibo 38.2%(162.37), fibo50%(163.19) or fibo61.8%(164.02) before turning back to major trend.

EJTF1HR
-trend: sideway
  • ao (bearish bias)
  • qqe (sideway)
  • sma200 cross sma100 (confirmation signal for major bearish (hopefully)

Thursday, January 3, 2008

EJ-Retracement (major still bearish)

EJ TF4HR
EJ do some retracement now before continue downtrend. If break 161.54 EJ expected bullish up to fibo 38.2%(162.37), fibo50%(163.19) or fibo61.8%(164.02) before turning back to major trend.
EJTF1HR
  • ao (bias bullish for retracement only)
  • qqe (bias bullish)
  • sma200 cross sma100 (confirmation signal for major bearish (hopefully)

EJ-Major trend Bearish

EJ TF Daily
-Bias Bearish (Long Term Downtrend):
  • 4 bar ao (Bearish bias)
  • qqe crossing (bearish bias )

EJ TF4hr
-Bias Bearish (waiting for retracement before continue downtrend):
  • ao bar (Bearish bias)
  • qqe crossing (bearsih bias)

EJ TF1hr
-Bias Bearish (waiting for retracement before continue downtrend):
  • 4 ao bar (Bearish bias)
  • qqe crossing (bearsih bias)
  • sma100 & sma200 nearly cross-signal for long term bearish if cross
*no position open today, waiting for nfp news tomorrow...

Wednesday, January 2, 2008

100sma rules

Luckily I clossed my long position. Like I said earlier, when candlestick hit 100sma (tf4hr or tf1hr), there like to reverse, ya ej now reverse 100 pips after hit 100sma.

EJ Part 3 (Final Part)

My position 2, Pending Buy Stop Order activated and clossed already..I have to clossed with a very little profit because my EJ Candlestick already torch 100sma tf 4hr...today only bank in 2.69 usd...what a boring day...but alhamdulillah..still in profit, and not hit my sl. EJ still can go to north but for safety reason (100sma tf4hr- normally EJ like to reverse when torch this 100sma). I clossed my position-have to...huhu.

EJ New PO for sell stop (position 1)-part 2

My open Position 1 (cancel):
Pending Order:
Sell Stop: 162.64
Take Profit:161.68 (Trailing Stop:15)
Stop Loss:163.12
*I will cancel pending order sell stop if 163.85 broken

New My open Position 1 (New fractal breakout sell tf1hr):
Pending Order:
Sell Stop: 162.95
Take Profit:161.68 (Trailing Stop:15)
Stop Loss:163.45
*I will cancel pending order sell stop if 163.85 broken

EJ Part 1 (Japan Time)

EJ TF Daily
-Bias Bearish (waiting for trending):
  • 3 bar ao (bias Bearish)
  • qqe crossing (bias bearsih)
EJ TF4hr
-Bias Bearish (waiting for trending):
  • 4 bar ao (bias Bearish)
  • qqe crossing (bias bearsih)
My open Position 1:
Pending Order:
Sell Stop: 162.64
Take Profit:161.68 (Trailing Stop:15)
Stop Loss:163.12
*I will cancel my pending order sell stop if 163.85 broken
EJ TF1hr
-Bias Bullish (I guess for retracement only):
  • 4 bar ao (bias Bullish)
  • qqe crossing (bias bullish)
My open Position 2:
Pending Order:
Buy Stop: 163.90
Take Profit:165.17 (Trailing Stop:15)
Stop Loss:163.40
*I will cancel my pending order buy stop if 162.69 broken