Thursday, January 31, 2013

Recap 30 Jan, EUR GU EJ 31 Jan

Recap 30 Jan

EUR - Sitting on the resistance level. An early move up at Frankfurt open, then a perfect 15 min higher low at 1.5700 in line with trend.

GU - No bias for either direction, it went up.

EJ - Frankfurt move up, then 2 further chances to enter in line with trend.



31 Jan

EUR - D positive close, 4hr flow higher high higher low. Bias up.

GU - No bias either way, can move up with positive D close or react lower to the approaching resistance level 15 Nov lows 1.5825.

EJ - 4hr hinting at scalp sells but I wouldn't like to bet against any resumptions of uptrend. 



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