And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
Tuesday, June 2, 2009
Looking forward...
We have .8500 coming up on the AUD/USD, a great weekly level which clearly worked as past support and resistance. Screenshot below.
And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
Closed EUR/USD Shorts, Will look to re-enter
I only got one 1/10 size short in and closed earlier this afternoon for +25. I'll keep an eye on price and may look to re-enter if we take it back up towards 1.44
As for yesterday's trade watch, price only got down to 1.41 (was looking for 1.405-1.40 to enter long) before moving back up.
I'll watch for long possibilities again tonight but would like to see a more meaningful retrace before going long.
As for yesterday's trade watch, price only got down to 1.41 (was looking for 1.405-1.40 to enter long) before moving back up.
I'll watch for long possibilities again tonight but would like to see a more meaningful retrace before going long.
Eur/usd shorts 143.65 to 1.44 range
A mess of resistance in this area that should provide a decent move down. Started scaling small positions at 143.25.
Sent via BlackBerry by AT&T
Sent via BlackBerry by AT&T
Subscribe to:
Posts (Atom)