I'm
LONG EURAUD@ 1.3575 TP 1.3660 SL 1.3510

LONG EURJPY@ 113.40 TP OPEN POSITION SL 112.60

SHORT GBPJPY@ 133.03 TP 132.10 SL 133.60

SHORT EURCHF@ 1.2772 TP 1.2702 SL 1.2810

EUR/CHF short @ 1.2759 SL 1.2790, TP OPEN

Thanks hisah, informative link.

Nope. Unless you are in the inside
After a successful week of profits, take a break.

The comex market also works the same especially silver apart from gold. In comex it is still blatant despite the exposure of one JP Morgan by Andrew Maguire last Feb 5 2010 which the CFTC to date has never punished JP Morgan for it. http://www.gata.org/node/8466

But since then JPM has been reducing their naked short positions and that explains why silver has rocketed apart from the ongoing currency devaluation by Feds USD overprinting --> http://www.ft.com/cms/s/...bdc0.html#axzz182Q7kOQY

Despite the heightened awareness of the ongoing precious metals manipulation, it still happens everyday. When the silver and gold markets are about to close especially during the US sessions, a sudden price drop pops up 5 minutes to the close.

Frankly I can't wait for the day all markets just crash and riddle themselves off these fraudulent practices.

SHORT NZDUSD@0.7378

SHORT AUDUSD@ 1.0134

NO TP I WILL TRAIL THE TRADES

........if you are based outside the U.S.A......they closed all US Accounts as of last month

EUR/AUD Daily chart approaching 200 SMA. A strong close above this MA, bouyed by Euro recent winnings on of speculation of a rate hike, will present bullish opportunities on the pair next week.

FIBONACCI TRADING.

Trading setup:
Time frame: any over 5 min and less than 3 hour.
Currency pairs: any.
Indicators: 5 WMA

Rules:
Look at the price waves. Find the most recent swing high and the most recent swing low = so called Fibonacci A swing and B swing.
Pull Fibonacci from A to B.
To know which direction to pull (up or down) simply look at the trend; if it is unclear, find appropriate AB swings and set Fibonacci in both directions.

Once set, wait and watch the retracement from AB swing to unfold.
During the retracement there are three conditions to be met in order to consider trading:
2. The price must at least touch 0.382 Fibonacci retracement level.
3. The 0.618 Fibonacci retracement level must not fail. Here it means the price should not close below (uptrend) / above (downtrend) 0.618 retracement line. It can touch or poke it, but the level must withstand the "attack".
When all three criteria are met, enter once the candle is clearly closed above 5 WMA for Long entry, below - for Short.
Stop order is placed always 4-5 pips above (downtrend) / below (uptrend) the 0.618 Fibonacci retracement level.
Profit target is set to 1.618 Fibonacci expansion level derived from point A.