UEMLAND update close of 02/07/09

High probability level which current wave C (assume we are right that it is wave C) can go and rebound:
Min: 1.30
Typical : 1.20 (bottom wave 4)
Max: 0.98
See the the updated UEMLAND daily chart at the bottom.

 

 

If it rebound at about 1.30-120, it should be great because micro double-bottom pattern will be created. That a buy signal for few days profit. If 1.20 cannot support, be prepare for 0.98. Thus, 1.25 is an important decisive level to watch.

 

My position:

1. buy 24/06/09   1.51
open position:
highest gain at 13.25% (1.71) (can sell at about this level but I am going for bigger profit and willing to hold many weeks)

max drawdown -9.27% (1.37) 

current: -8.61%

2. buy 1,2/07/09 1.435

current: -3.83%

 

UEMLAND daily chart : click to enlarge)

previous post: UEMLAND

High probability level which current wave C (assume we are right that it is wave C) can go and rebound:
Min: 1.30
Typical : 1.20 (bottom wave 4)
Max: 0.98
See the the updated UEMLAND daily chart at the bottom.

 

 

If it rebound at about 1.30-120, it should be great because micro double-bottom pattern will be created. That a buy signal for few days profit. If 1.20 cannot support, be prepare for 0.98. Thus, 1.25 is an important decisive level to watch.

 

My position:

1. buy 24/06/09   1.51
open position:
highest gain at 13.25% (1.71) (can sell at about this level but I am going for bigger profit and willing to hold many weeks)

max drawdown -9.27% (1.37) 

current: -8.61%

2. buy 1,2/07/09 1.435

current: -3.83%

 

UEMLAND daily chart : click to enlarge)

previous post: UEMLAND

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