DRT,
It might be useful it you can post the UJ chart even with this thread instead of trying to find it at the uj thread. Just an idea,
cheers,
DRT,
It might be useful it you can post the UJ chart even with this thread instead of trying to find it at the uj thread. Just an idea,
cheers,
Hi DownRiver,
Hi how are you?Could you please comment on NZD/USD pair , in case you've done analysis already? NZD exchange blance due 6.30 EST today....
Thank you in advance
This pair is building value in 7860's ADV level. The next major directional move will likely come from this level. It seems the supply needs to balance between 7860 and 7686 so my bias would be short while trading in 7860 under ADV.
Look to place shorts around 7860. Goal 7773. I would cover here and see. I see we've moved up strongly in the monthly longest line and when the 7860 level becomes the new maximum line then we'll likely move back up to ADV.
On the upside. . .if price settles above 7860 and builds value then place longs around 7927.
Hope this gives you some ideas.
http://www.morrisfunds.com/storage/f...rve/nzdusd.PNG
What do you anticipate eurusd to do today and tomorrow? Are you still holding long? Looking like it might retrace to lower level.Originally Posted by ;
DRT, I discovered the Value Places for EURUSD that you just posted aren't within the range of May 2008 eg 2 is 1.5923; are you currently utilizing the exact values for the month Apr 08 or can it be a combined worth of Apr and May (just guessing)?
ronaldo
It's a worth of more than two months. Try combining the lines out of a few months preceding.
Originally Posted by ;
No problem. Sorry I was not up as ancient today.Originally Posted by ;
We can clearly see the longest line for this month in 7950. Lately this cross has proceeded up in 7928 through ADV and tested the Offer at [ 2]. At this point the supply moved price down to test ADV. The ADV level of 7928 held that is quite bullish at this point. I would search for longs here.
The market is currently building value or range trading between 7981 and 7928. It's very well developed which tells is that a movement is imminent, if we look at the longest line. A move from ADV may lead to the next major directional movement in this cross.
I would look to place up if the market gives you an attitude toward 7928. Goal 7981 8033. This would be wrong if we start to construct value under ADV on a daily basis. If this occurs exit longs.
Since we're currently well over ADV, another situation would be a move above 7981 Supply [ 1]. Once above look to place up.
If I am wrong on this and we move below ADV, post another message on it and I shall examine the brief side.
http://www.morrisfunds.com/storage/a... 5.26.2008.PNG
http://www.morrisfunds.com/storage/a... 5.26.2008.PNG