Gorilllah

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Joined gorilllah
“Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.” - Marcus Aurelius
Markets Allocation
71 % forex 29 % other
Top Mentioned Symbols
XAUUSD 28% | 2 GBPUSD 28% | 2 EURUSD 14% | 1 EURJPY 14% | 1
Gorilllah Gorilllah EURJPY, 240, Long ,
EURJPY: Time to buy EURJPY
21 0 3
EURJPY, 240 Long
Time to buy EURJPY

After EURJPY broke to the upside, its finally retracing the breakout and is likely to bounce around prior resistance 137-136. The target for this setup is prior high 141 into 143.

Gorilllah Gorilllah GBPUSD, 240, Long ,
GBPUSD: cable long still in play for a move into 1.5877 and 1.60
9 0 2
GBPUSD, 240 Long
cable long still in play for a move into 1.5877 and 1.60

The buyzone held as support and cable is looking to trade higher towards prior high... the 5877 and 1.60. The counter thesis is that cable drops from here and trades lower into 1.50.

Gorilllah Gorilllah GBPUSD, 240, Long ,
GBPUSD: Time to buy Cable again?!
69 1 2
GBPUSD, 240 Long
Time to buy Cable again?!

Since cable found support at a new yearly low around 1.4565 its been rallying up without a normal correction. Since we finally found resistance around 1.5813, cable is finally recovering from that onesided upmove and is approaching a key buyzone... This is the zone where buyers need to reload to keep the bullish momentum going towards 15870 into 1.60. ...unless ...

Gorilllah Gorilllah GBPUSD, D, Long ,
GBPUSD: How the pound is likely to hit 1.73
37 0 1
GBPUSD, D Long
How the pound is likely to hit 1.73

The pound broke the keylevel 7041last week and closed above it. Looking to hit the next key level at 7331, which is the 50% of the 2008-2009 selloff. For the next couple of days, its all about retracement down to find new buyers to push the pound to 1.73.

Gorilllah Gorilllah XAUUSD, D, Long ,
XAUUSD: Time to buy GOLD again?
138 0 4
XAUUSD, D Long
Time to buy GOLD again?

GOLD retraced 50% of the recent rally and is looking to resume the move up. This thesis is no longer in play when/if we get a daily close below 1250.

Gorilllah Gorilllah XAUUSD, D, Long ,
XAUUSD: Time to buy GOLD?
85 0 1
XAUUSD, D Long
Time to buy GOLD?

Gold is at a prior 2013 bottom and again below 1200. If price stays belows 1200 it can move lower into 1180-1150 which is a potential buyzone (based on a support zone from 2010) Targets are 1250 - 1300 - 1350 (200DMA). This thesis is invalid if we get daily closes below 1100. This would open the possibility for 1000

Gorilllah Gorilllah EURUSD, D, Long ,
EURUSD: EURUSD heading for 1.40?
76 0 1
EURUSD, D Long
EURUSD heading for 1.40?

If the bulls can take out 1.3800, why not? Its possible that price retrace ahead of 1.3800 before it pushes higher towards 1.40

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