Thursday, December 13, 2012

Recap + EUR GU EJ 13 Dec

Recap 12 Dec

The up bias played out.

13 Dec

EUR - D pos close and we are approaching the next resistance area 1.3120/40. Had a decent pull back on 4hr which bounced from D pivot (just happens to be 4hr 8 lwma). Higher high higher low flow in tact. Bias up.

GU - D positive close, hit the resistance level. 4hr has signaled sell. Higher high higher low flow in tact but if 1hr fails here would give a lower high on that chart and scalp sell. Overall bias up.

 EJ - Looks clear bias up, biggest problem might be getting entry.







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