Saturday, November 17, 2012

Anatomy of a trading day EUR

Posting these from time to time as it never ceases to amaze me how often days play out like this.

EUR made a high the previous day and 1hr flow flipped over from higher high higher low to make lower highs.

15 min engulfing neg close left arrow down. Avoid the pre/early US counter trend fake out. 2b then lower high back into days trend, arrow down right. We have had relatively narrow range days so 1.2700/W M2 a good target.

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