Thursday, October 21, 2010

EUR/USD



Ok, here today we have the euro chart. As we clearly see that we are starting a down trend in the long timeframe.We have a nicely up pink fork that capture price nicely. price did reverse at 2 point at median line (2 small arrows) now lets take a look at the down red fork. We can see price be have nicely at 2 circles (the second one is a energy point). So we are we heading am saying the yellow zONE. if i see price behave nicely we can get long and play ping pong in this 2 oppose fork. Im also have a hr chart that i take the trade on. Take a careful look at 1 hr chart. u may learn something because price behave really good at the lines. Need some coffe will talk after i come back from coffee break.

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