- Monthly + Weekly charts clearly negative.
- Daily looks ready to dump any day now. Fun and games with uptics just about done with.
- Original game plan remains in place.
- Addendum 5:40 pm 18Feb10 : Sell stop-in at 1.5594 filled (= red support line on daily chart). Also sold @ 1.5616.
2 comments:
I was playing this pair on the long side for a bit this morning and took a small hit. I see the chart development but I see some other developments from the long side. Unless we get a strong weekly close lower, I'm slightly bullish. The price action after the unemployment report was quite intriguing.
On the S&P, the weekly close will be very important. I am a bit bullish but I'm still trying to figure this one out.
Happy Trading!
BH
Different trading time frames .. good luck ..
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