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Monday, 9 August 2010
2010-08-09 12:00 GMT +1
I see good looking short pinbar on 4H GBPJPY bouncing off recent trendline. I will watch closely and will trade short.
2010-08-09 2:48 GMT +1
In terms of daily chart analisys I will watch three charts: GBPUSD, DJI and Gold.
Gold is a nice indicator of general sentiment. Rise indicates doubts, fall indicates positive bias.
In case of doubts or negative bias I think GBPUSD may lost few hundered pips. In case of good scenario I would buy DJI futures as there is a promising pinbar on friday bar, that clearly indicates bottom boundary for buyers.
Gold is a nice indicator of general sentiment. Rise indicates doubts, fall indicates positive bias.
In case of doubts or negative bias I think GBPUSD may lost few hundered pips. In case of good scenario I would buy DJI futures as there is a promising pinbar on friday bar, that clearly indicates bottom boundary for buyers.
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