S-TERM

MULTI-DAY

L-TERM
MULTI-WEEK

STRATEGY/ POSITION

ENTRY LEVEL

OBJECTIVES/COMMENTS

STOP

EUR/USD GBP/USD USD/JPY USD/CHF USD/CAD AUD/USD GBP/JPY EUR/JPY EUR/GBP EUR/CHF GOLD SILVER
WINNER BEST SPECIALIST RESEARCH

SHORT 3 34.1300 SHORT 2 Buy limit 3 1.0570 122.70 Buy limit 3 LONG 3 Sell limit 3 1.5840 78.20 0.9015

Achieved PT2. Exited at 1.3840 1.5940/1.6153/1.6400 80.05/82.00/83.30 (Entered 01/11/2011) 0.8900/0.8550/0.8250 Exited at 1.0090, having achieved net profit of 40 pips. 1.0010/0.9710 (Entered 01/11/2011) 124.10/126.00/127.32 Await fresh signal, with a mild bearish bias. Look to sell. Possibly looking to sell for a break under 1.2000. Exited at 1760. 29.9700/26.0700/23.3400 (Entered 01/11/2011) 35.6880 1.0570 121.30 1.5740 76.50 0.9130

Notes: Entries are in 3 units and objectives are at 3 separate levels where 1 unit will be exited. When the first objective (PT 1) has been hit the stop will be moved to the entry point for a near risk-free trade. When the second objective (PT 2) has been hit the stop will be moved to PT 1 locking in more profit. All orders are valid until the next report is published, or a trading strategy alert is sent between reports.

EUR/USD (Daily)

BERMUDA TRIANGLE

FAILED
BREAKOUTS

BREAKOUT ZONE (1.4000)

SHARP REVERSAL AT KEY RESISTANCE TARGETS 1.3000 & 1.2870

UPTREND (2 YEARS)

USD INDEX
200-DMA (75.73) 6 MONTH HIGH
EUR 57.6%, JPY 13.6%, GBP 11.9% CAD 9.1%, SEK 4.2%, CHF 3.6%

USD INDEX (4 YEARS)

+27%

+19%

+10%
SO FAR

BREAKOUT ZONE

DEMARK BUY SIGNAL

Special Report: EUR/USD A Fall From Grace ? Decline Targets 1.3770/1.3410.

VIDEO

3 STD ABOVE ONE YEAR AVERAGE

MIG Bank Webinar: Why the US dollar is likely to gain up to 30% in 6-12 months. MIG Bank US Dollar Interview on Bloomberg

TRIGGER (15000)
DEMARK BUY SIGNALS

13

KEY SUPPORT (73.50-73.00)

COT LIQUIDITY

EXTREME NET US $ SHORT POSITIONS

S-T TREND

L-T TREND

STRATEGY

r.william@migbank.com

S-T TREND

L-T TREND

STRATEGY

b.kar@migbank.com

USD/JPY (Daily 1 YEAR)

POST INTERVENTION RETRACEMENT (PIR I)

QUAKE SHOCK! 83.30

POST G7 MOVE (I) HIGH

82.00

POST BOJ MOVE (II) HIGH

80.24
POST BOJ MOVE (III) HIGH

DeMark

USD/JPY Weekly (2007 2011)

ENDING DIAGONAL PATTERN BREAKOUT TARGET (85-79)

PIR II

Please select the link below to review our MIG Bank webinar on USD/JPY. This is a featured update to our previous Special Report USD/JPYs Long-Term Structural Change - What do long-term cycles tell us about the future of USD-JPY? - How do event shocks and Central Bank Interventions impact the market? - Safe-Haven Flows: A wave of change. - High-Probability Trading Strategies.

MONTHLY DEMARK BUY SIGNAL

DEMARK BUY SIGNAL AFTER NEW POST WWII LOW (75.35)

S-T TREND

L-T TREND

STRATEGY

r.william@migbank.com

S-T TREND

L-T TREND

STRATEGY

b.kar@migbank.com

USD/CAD (Daily)
August High (1.0673)

USD/CAD (Weekly)

200-DMA (0.9815)

CONFIRMATION ABOVE 1.0680 OPENS LARGER RECOVERY

DEMARK BUY SIGNAL

MAJOR RESISTANCE

CHF/CAD (Daily)
REVERSAL PATTERN

50%

(1.3570)
61.8% 50%

(1.3379)

(1.1488)

61.8%

(1.0893)
200-DMA (1.1875)

EUR/CAD (Daily)

S-T TREND

L-T TREND

STRATEGY

r.william@migbank.com

AUD/USD
(1 YEAR)

DEMARK SELL SIGNALS

AUD/USD
(Weekly)

STRUCTURAL LEVEL 38.2%

(0.9144)
50%

(0.8546)
200-DMA (1.0413) 61.8%

3 YEAR UPTREND IS UNDER PRESSURE

(0.7947) KEY ZONE

AUD/NZD (Daily)

AUD/JPY (Daily)

DEMARK SELL SIGNAL

13

200-DMA CAPS BEAR MKT 38.2%

(76.70)
50%

200DMA (83.12)

(72.58)
61.8%

(68.47)

RESUMPTION OF BREAKDOWN ADDS TO RISK AVERSION

KEY SUPPORT 1.2319 / 1.2100

S-T TREND

L-T TREND

STRATEGY

r.william@migbank.com

S-T TREND

L-T TREND

STRATEGY

b.kar@migbank.com

S-T TREND

L-T TREND

STRATEGY

b.kar@migbank.com

S-T TREND

L-T TREND

STRATEGY

b.kar@migbank.com

S-T TREND

L-T TREND

b.kar@migbank.com

GOLD KEY TRIGGER LEVELS

DOWNSIDE: $1600 / $1530 UPSIDE: $1760 / $1844

RISK ZONE III

DOUBLE TOP

DEMARK SIGNAL WARNED OF GOLDS OVERBOUGHT CONDITIONS

20% SO FAR

$1760 $1704

$1600

34%
$1532
BREAKOUT 200-DMA NOT BROKEN IN 3 YEARS!

26%
CONFIRMATION BELOW $1530 UNLOCKS LARGER DECLINE INTO $1300 & $1040-1000 TREND CHANNEL
(12 YEARS)

COT NET LONG SPECULATOR POSITIONS

I
25%
OVER 2 YEARS OF SIZEABLE LONG GOLD POSITIONS UNDER THREAT IF KEY LEVEL BREAKS

II

S-T TREND

L-T TREND

STRATEGY

r.william@migbank.com

Silver HITS 1980 Spike High! Silver (Daily)

DEMARK SELL SIGNALS

DEMARK SELL SIGNAL

13

200 DMA (36.5125)

II

KEY SUPPORT (26.0700)

38.2%

(32.3135)

Gold/Silver "Mint" Ratio

50%

(26.9150)

61.8%

(21.5165) 13 YEAR LEVEL

UNWINDING 67% FROM OVERSOLD TERRITORY

OVER

30 YEAR BASE PATTERN

BULL MARKET FROM 1999

Silver Monthly (since 1980)

S-T TREND L-T TREND STRATEGY

r.william@migbank.com