Sunday, August 21, 2011

Fri 20th Aug



This could be viewed as a buy or sell day. On the D chart Thurs was a red hammer that could not follow through above 1.6500. RSI had rolled over but not crossed 50 line or its average.

There was the potential to lose money in the London session but this should have again been recovered (plus) in the US move. 1hr above its RSI 50 line, above its 8 lwma.

No comments:

Post a Comment