UJ

Time to buy: Look at the excellent price being offered!!!!Updated:4/3/11

 

Monthly Chart

The MN chart shows a cycle end (pending pivot candle...but this is the time I like to buy for best R:R) and we can expect at least a retrace to trade up if not a nice trend reversal. Either way I expect this to hand out a great number of pips.

 

W1 Chart

Targets are based on the weekly chart and I expect at least the 2nd TP. I have one position right now and will add to it if I can get a retrace before it takes off north. 

4/1/11

D1 Long cycle complete

Closed out longs when price made a pivot to complete a cycle. Now will wait for a tip to the level in the chart below to buy again.

 

D1 Retrace

Waiting for Pivot on a green line for more longs.