| Re: EUR/JPY CYCLES UPDATE Part1 levels for 12th July updates in the first post, please see the attached image with the scorecard table. Nothing exciting today, YEN crosses doing a retrace, so more opportunities to get in SHORT before it accelerates.
AUD/USD SHORT trade was triggered, lets see how it goes.
Also today saw that XAU SPOT GOLD accelerate further NORTH, broke 642 levels, so I got stopped out since last week, now it might as well try for 660 area, however my wave analysis points out that the longer term waves are still pointing SOUTH. For now it's FLAT on XAU. If you had any possies open SHORT since beginning of this week you should've moved SL to breakeven, as I pointed that out earier. Once in profit always move to breakeven and trail if you like, dont take any chances. |