Tuesday, November 27, 2012

Recap 26 Nov + EUR GU EJ 27 Nov

Recap 26 Nov

London session narrow range allowed scalp trades. There was a move up last night, not sure the reason (new govenor of Bank of England perhaps or Greek bailout decision).

27 Nov

EUR - At the previously identified resistance level. 4hr and 1hr showing negative divergence. It still does not seem like there are sellers at this key area. Focus still on buy dips until D signals sell or there is a re test and indication of failure at the highs. Bias up.

GU and EJ in a very similar position.   



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