Daily:
GU - pinbar down off 1.5, as I said this pair needs one more day of falls, I would give it room to 1.48 if break below 1.49
EU - last three daily bars are promising in terms of EU trend reversal. If 1.24 will be crossed tomorrow firmly I will expect 1.2670, especially if EJ will follow.
Thursday, 24 June 2010
2010-06-24 15:06 GMT +1
UJ - this is tricky one, as it's not a pinbar, but I see significant support area where this pair bounced within last four hour period.
If setup for long on this pair will allow tight stop loss, I may consider trading it [if 89.60 is broken]
USDCAD - this one looks like double top on 4H chart. In other words if this pair cross 1.04 down firmly I will start to look for short.
If setup for long on this pair will allow tight stop loss, I may consider trading it [if 89.60 is broken]
USDCAD - this one looks like double top on 4H chart. In other words if this pair cross 1.04 down firmly I will start to look for short.
2010-06-24 7:23 GMT +1
There is not exact setup on 4H candles, however here's my general outlook of what I expect from a market.
I will rather not trade any of these pairs right now, however would like to share what I think may happen within next few hours:
Gold - up
UJ - down
EU - up
Mini-Dow - up
AU - up
GU - look for correction, than up
I will rather not trade any of these pairs right now, however would like to share what I think may happen within next few hours:
Gold - up
UJ - down
EU - up
Mini-Dow - up
AU - up
GU - look for correction, than up
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