I am out flat at the dashed red WL just above the RL that 'caught' price at 1.3954. Nice chart pattern with the head n shoulders. Careful with this one as there is no CL touch on the mauve fork that started this all off. I have no doubt we will go lower but don't want to loose after all the work- Price could even go up through the mauve UMLP. Nothing would surprise me But any decent break of the upsloping RL could be sold with extreme care. Remember -If you have you money management right then one good trade a day is more than ample. I am finished for the day & off for a glass of wine in front of the TV - It's the one thing here in France that is not on strike or demonstrating in the streets !
Thursday, 21 October 2010
€$ ....Wave goodbye to 1.4000 ? First floor -going down
I am out flat at the dashed red WL just above the RL that 'caught' price at 1.3954. Nice chart pattern with the head n shoulders. Careful with this one as there is no CL touch on the mauve fork that started this all off. I have no doubt we will go lower but don't want to loose after all the work- Price could even go up through the mauve UMLP. Nothing would surprise me But any decent break of the upsloping RL could be sold with extreme care. Remember -If you have you money management right then one good trade a day is more than ample. I am finished for the day & off for a glass of wine in front of the TV - It's the one thing here in France that is not on strike or demonstrating in the streets !
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