Sweetmama's Forex Blog

Bear ohh bear....

noreply@blogger.com (Sweetmama) — Sun, 29 Nov 2009 06:16:00 +0000

Finally EJ back to bear.. what a huge drop !!! congrats tu the winners !!!!

Let's see where EJ want to go for tomorrow.... how about you all traders, any ideas ???

I'm waiting MACD down again atleast @ M30 to enter sell. Wait and see tomorrow...

Still going UP ?

noreply@blogger.com (Sweetmama) — Sun, 11 Oct 2009 15:46:00 +0000

According to the chart, EJ is turning UP. Candle at H4 was above the mid BB, RSI also above level 50 and MACD have crossing UP. I'm think there is new highest for tomorrow. But be careful, stoch at H4 almost overbought. Try to take a chance when EJ going down a little bit. Mid BB at H1 might be a good point to buy back. Don't forget to place your TP and also SL.

European Central Bank INTEREST RATE today...

noreply@blogger.com (Sweetmama) — Thu, 08 Oct 2009 00:41:00 +0000

The European Central Bank is anticipated to leave rates unchanged at 1.00 percent at 19:45pm today. i'm guessing that market will be choppy or rangging until the big news but it's good for scalping 5 to 10 pips & not forget to place your TP

Meanwhile what don't we take a look several article might be useful to trade EJ..

Currency Crosses

Terri Belkas currency strategist FXCM still vote for sell EJ

In my opinion, i'm also still vote for sell... but no clearly signal to enter for today because the IR. Just looking for scalping...

Good luck for hunting Pips !!

Bearish again...

noreply@blogger.com (Sweetmama) — Wed, 12 Aug 2009 03:55:00 +0000

Finally EJ heading to south.... Impact of NFP last Friday pushed EJ up and clearly a bearish divergence @ H4. Daily stoch was overbought already.... don't forget to lock up some of your profit if yours broker was not located in US. Happy trading...

Divergence.....

noreply@blogger.com (Sweetmama) — Mon, 27 Apr 2009 00:40:00 +0000

Take a opportunity before go to work...
Good luck ! Happy trading...

Bullish divergence @ small TF - M5

noreply@blogger.com (Sweetmama) — Fri, 24 Apr 2009 01:03:00 +0000

Long time no update this blog. Busy with works but never missed take a look at the chart.

Today, I'm just take a opportunity at bullish divergence at small timeframe which is M5.

Will EJ jump down again ???

noreply@blogger.com (Sweetmama) — Sun, 01 Mar 2009 13:34:00 +0000

I'm back....
Let's predict where is EJ want to go this monday ??

Here's my prediction.

BBand shows down at H4.
Plus CS was below the mid BB.

Same with M30.
Sell on rallies.
Let's wait and see if there is a gap this Monday.
But don't forget to lock your profit.

Bear oh bear...

noreply@blogger.com (Sweetmama) — Thu, 29 Jan 2009 23:20:00 +0000

Scalping time.....

noreply@blogger.com (Sweetmama) — Wed, 28 Jan 2009 00:53:00 +0000

A short trade before go to work. Just scalping not intraday.
I took opportunity @ M5, looks stoch OB already at level 90. Plus there was clearly bearish divergence over there. Sell and grab 10 - 20 pips.

EJ M30 Signal

noreply@blogger.com (Sweetmama) — Tue, 27 Jan 2009 15:46:00 +0000

Bearish divergence...

noreply@blogger.com (Sweetmama) — Tue, 27 Jan 2009 03:33:00 +0000

after
another new high and then down again..

H4 stoch is almost OB ( overbought )
Wait and see.

Retracement Mode ???

noreply@blogger.com (Sweetmama) — Tue, 27 Jan 2009 03:28:00 +0000

CS is still above mid BB.
How far EJ want to go UP ?
May be to resistance 2 which is 119.00.

CS @ M30 also still above mid BB.
Plus BBands still shows UP.

Sell again ??

noreply@blogger.com (Sweetmama) — Sun, 25 Jan 2009 23:19:00 +0000

M30

Bear oh bear...

noreply@blogger.com (Sweetmama) — Tue, 20 Jan 2009 06:26:00 +0000

after

I believe there is small retracement @ EJ before making another a new low.
May be EJ will go until mid BB or 118.47 or at EMA 50.
Wait until magenta dot appear @ M30.
Good luck !!

Finally EJ going down...

noreply@blogger.com (Sweetmama) — Tue, 20 Jan 2009 06:19:00 +0000

119.93 is good point to sell EJ.
BBands show down plus there is down signal from H4 according to MBT which is the green dot.
CS @ M3o was below mid BB.
RSI was also below level 50.

End of retracement mode ??

noreply@blogger.com (Sweetmama) — Sun, 18 Jan 2009 14:52:00 +0000

M30 still above mid BB.
There is triple tops @ M30 but still not confirm with the bbands down.
H4 also still above mid BB but major trend is still DOWN TREND.
Good luck tomorrow morning ! Let's see what will happen tomorrow. Any gap ?

Retracement Mode ???

noreply@blogger.com (Sweetmama) — Thu, 15 Jan 2009 23:53:00 +0000

CS @ EJ M30 is above mid BB.
BBands still show UP also with MBT, signal from H4 ( brown dot color).
How far can EJ retrace ?
If you want to buy EJ, wait until CS H4 is above mid BB.
Good luck.

Yen Crosses Plunge to Test Support: Expect Corrective Rallies

noreply@blogger.com (Sweetmama) — Thu, 15 Jan 2009 23:38:00 +0000

Written by Jamie Saettele, Senior Currency Strategist

-euro / Yen approaches December low

The decline from just above 131 may be the next bear leg within the drop from 170. The advance from the low is in 3 waves, confirming that the larger trend is down. Expect a bounce from near support (December 5th low at 115.85). Potential resistance begins at 119.77

Bear oh bear...

noreply@blogger.com (Sweetmama) — Tue, 13 Jan 2009 10:07:00 +0000

It was long time I never update my forex blog. A little bit busy this lately with my new work but I still look at chart. I miss to do that... I just have time in the morning and after 8pm to look at the chart. What to do ? Nothing is easy to get if you work harder to get it.

Back to my EJ. The major trend is still down trend. What a huge retracement until 128.66 which is 50.0% fibo. At this moment, CS is still below mid BB @ H4 timeframe. RSI and Stoch is almost OS at H4. May be EJ will be retrace. EJ M30 is otw to mid BB.

No chart coz I need to setup back my chart after changed a new hard disk.
Good luck...

Bear of EJ...

noreply@blogger.com (Sweetmama) — Thu, 08 Jan 2009 12:16:00 +0000

Happy Holidays....

noreply@blogger.com (Sweetmama) — Sun, 28 Dec 2008 15:25:00 +0000

Good bye 2008 !!
Welcome 2009..

Happy New Year to all traders...
Happy Holiday...
See you guys soon...

Bear of EJ...

noreply@blogger.com (Sweetmama) — Sun, 21 Dec 2008 10:49:00 +0000

But alert that holiday season is coming soon, maybe market will move slowly than usual.
Christmas & New Year Holiday is just around the corner.

Trapped @ Daily TL

noreply@blogger.com (Sweetmama) — Mon, 15 Dec 2008 00:02:00 +0000

BBand still shows UP
CS still above mid BB.

Buy signal

noreply@blogger.com (Sweetmama) — Wed, 10 Dec 2008 14:38:00 +0000

11:30PM Malaysia Time
M30
BBands still show UP.
CS still above mid BB
TP at resistance 120.43.

SnR for today.

noreply@blogger.com (Sweetmama) — Wed, 10 Dec 2008 04:04:00 +0000

R - 121.57, 121.14, 120.61, 120.43, 119.98, 119.68
S - 118.75, 118.55, 118.10, 117.80, 117.38, 116.86