- Whilst triangle break lines (sloping) are nice early, entry points, I much prefer to look at breaks of actual historically significant turning points ie horizontal lines.
- Big level in USD/CAD is really 1.0102. Break here would be a lot more interesting than yesterday's taking out of 1.0173.
- May take several false attempts to succeed. Think it will eventually. The trend demands it.
- Poised to sell break here. Sell stop-in placed.
06 October 2010
USD/CAD : Big Kahuna 1.0102
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1 comment:
Stopped in 1.0102
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