Friday, November 16, 2012

Recap + EUR GU 16 Nov

Recap 15 Nov

EUR - Short term bias was up with potential to sell off from W pivot. Buy trades signaled and followed through higher.

GU - Bias lower never followed through.

16 Nov

EUR - D pos close stopped by the 1.2810 support/resistance level and W pivot. 4hr and 1hr flow on higher high higher low. Strong push US session on news. Bias up but efforts to go lower would be no surprise.

GU - D pos close still below 8 lwma. 4hr showing divergence but still on lower highs lower lows. Big push up in US session not following through higher. Bias still down.










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