rufffen XAU spot gold and majors trades

[rufffen]

WEEKLY ZONES UPDATE WITH HIGH/LOW PROJECTIONS
April21 - April25 2008

+ added new pair - GBP CHF

CURRENCY	EUR/USD	GBP/USD	USD/JPY	GOLD	DJI	GBP CHF	EUR/CAD	EUR/JPY	GBP/JPY	ACTION
SUP ZONE2
A1	1.5464	1.9307	97.41	859	11814	1.8909	1.5367	155.34	189.46	BUY1
A	1.5567	1.9460	98.95	877	12051	1.9250	1.5533	157.36	193.67
SUP ZONE1
B1	1.5670	1.9613	100.48	895	12288	1.9592	1.5700	159.38	197.87	BUY2
B	1.5702	1.9660	100.96	901	12362	1.9697	1.5751	160.01	199.17
RES ZONE1
D	1.5972	2.0060	104.98	948	12983	2.0591	1.6186	165.30	210.17	SELL2
D1	1.6004	2.0107	105.45	953	13056	2.0697	1.6237	165.92	211.46
RES ZONE2
E	1.6107	2.0260	106.99	971	13293	2.1038	1.6403	167.94	215.67	SELL1
E1	1.6210	2.0413	108.52	989	13530	2.1380	1.6570	169.96	219.87
WEEK HIGH forecast 1	6035	2.0190	106	957	13182	2.0864	1.6273	166.95	213.50
WEEK HIGH forecast 2	5900	1.9990	104	933	12871	2.0420	1.6055	164.30	208.00
WEEK LOW forecast 1	5630	1.9590	100	886	12250	1.9523	1.5620	159.00	197.00
WEEK LOW forecast 2	5765	1.9790	102	910	12561	1.9970	1.5838	161.65	202.50

[Noor]

800+ pips in one week... Thats impressing ... Just keep on doing that and you shall become a Legend.

Intresting on the Gbp/Jpy ,,, 209 will be very tempting to short if breached.

Cheers,

[rufffen]

NEW TRADE SETUPS

GBP USD - maintain long target - TP2 (posted last week)

EUR USD trade1 - LONG 5670-5700 SL 50 TP 300
EUR USD trade2 - LONG break above 5900 TP 6040 SL 40

SPOT GOLD - LONG 895-901 area (please wait for the item to enter this zone and reverse on 1 hour chart to enter) SL 5 TP 940

EUR CAD - LONG 5730-5750 area SL 5690 TP 6110

GBP CHF / GBP JPY Scenario 1 (70% probability)

GBP CHF / GBP JPY - I want to play a retest of Friday's high play it for 200 pips on each item, and then rebuy it SO:

GBP JPY SHORT 208.80-209.20 SL 40 TP 202.80-203.40
GBP CHF SHORT 2.0500-2.0560 SL 40 TP 300 pips

AFTER/IF GBP crosses drop towards TP area, you can rebuy for 600 pips each SL 80

GBP CHF / GBP JPY Scenario 2 (30% probability)

IF we break above recent highs target is +300 pips, so:

GBP JPY break above 209.20 SL 60 TP 211
GBP CHF break above Friday's high TP 2.0640 SL 50

Finally...

EUR JPY LONG 161.50 - 162.10 SL 40 TP 166.00

[rufffen]

GUYS, PLEASE, NO POSTS IN THIS THREAD, THANK YOU!

[rufffen]

Figured I should post a 4 hour USD JPY chart, which I think is very important for EUR USD GBP USD and other currencies.

Apparently there is further upside capped with 108-109 area, if we break above 105.80 then 108 is eminent.

Forecasted curve in green is spectral analysis and extracted cycle curve.

This means:

1) DJI can hit 13000 mark
2) USDX stronger
3) EUR USD GBP USD might hit new highs and reverse
4) GBP JPY above 210

But let's also trade this one:

USD JPY break above 105.80 TP 108.40 SL 80

[rufffen]

GBP USD 4 hour falling wedge

[rufffen]

EUR USD WEEKLY CHART - FOR YOUR CONSIDERATION

Im not saying that it will reverse right now, but 6050-6250 is an area which will likely be the major top before reversal, then expect a reversal towars 1.4000 area.

[rufffen]

chart number 2 EUR USD weekly