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Friday 11 June 2010

11.06.2010 1:49 GMT +1

GU - approaching key resistance - expect correction
EU - similar situation, but here I still did not seen confirmation of trend reversal.
Personally I think eur wont go lower than it was this week, but I need it confirmed on a chart.
EJ - slightly above this week channel. I wouldn't take long on last day of a week, however this may indicate new direction for upcoming week.
GJ is on clear way to rise. Bounce up from 133.20-133.80 area would be a perfect sign to buy and hold [maybe even 1000 pips if it was lucky]


In general I'm definitely not going to trade overnight, and I expect Friday to be day of corrections or low volatility.



For a short comment, Thursday morning trade plan mostly prevented me from trading as price went against my expectations.

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