Thursday, March 7, 2013

Recap 6 Mar

EUR - View was: D closed positive in line with the short term bias up, still on lower high lower low cycle. No bias can go either way today.

A 4hr hour doji, double top that closed before London open set up a move down.

GU - View was: D closed a shooting star, lower high lower low cycle in tact. Bias down.
Bias down played out starting with a 1hr 3 bar reversal going into London open which continued into US session.

EJ - View was: The tight sideways price action continues, no bias.
I had posted elsewhere that I was finding EJ difficult to read at the moment, this did not change at all on the day.

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