Forget 1.1475 that was posted earlier, that figure is now out of the window.
We have a stronger previous S&R figure @ 1.145. No fib confluence.
Next, we have 1.135, which does work with a 38% fib retracement.
See attachment below.
Monday, July 13, 2009
It's a slow night on the EUR/USD front...
..however, USD/CAD is hinting at a couple of opportunities.
Forget 1.1475 that was posted earlier, that figure is now out of the window.
We have a stronger previous S&R figure @ 1.145. No fib confluence.
Next, we have 1.135, which does work with a 38% fib retracement.
See attachment below.
Forget 1.1475 that was posted earlier, that figure is now out of the window.
We have a stronger previous S&R figure @ 1.145. No fib confluence.
Next, we have 1.135, which does work with a 38% fib retracement.
See attachment below.
Looks like I'll be playing the waiting game
I'm not seeing anything worthy over the last 8 hours and we're really going to need some movement. Efore any of my watch levels are hit. The eur/usd and usd/chf are really the only two pairs that provide any sort of clean setups that I feel comfortable with. I'll be patient and wait it out...I only need a couple of quality trades a week.
Good morning :)
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