Monday, December 31, 2007

The year's last day!

Hello everybody!
It's the last day of this year, the year of pig by the Chinese calendar.
The new year 2008 is the year of rat.
A Rat Year is a time of hard work, activity, and renewal. This is a good year to begin a new job, get married, launch a product or make a fresh start. Ventures begun now may not yield fast returns, but opportunities will come for people who are well prepared and resourceful.
So I wish you in a new year to understand all the movements and to earn a high profit.

Now let's talk about the current situation. Take a look at the picture
So, here are two variants of movement the blue and the red one. For the price to go on the blue scenario it has not to break the 1.9932 level down if it will not break it and reverse up we will have the 3rd wave up.
Now about the red variant: let's suppose the price breaks the 1.9932 level, then we can sell ofter the end of correction of this wave that breaks this level.
Another levels are marked with the blue and red, they are also important.
The 1.9811 level is important for H1 timeframe... for the price to go further up in the correction of the wave 2.0579-1.9751, this level must not be broken

Happy New Year
Best Regards!
Tacomy