Well, I've managed to get some temporary work around here and for the next few days I'll be spending most of my time doing that. Chances are, I'm going to run my analysis and place my trades early in the morning and let my monitor take care of them all while I'm at work. I'm hoping for a pretty good week coming up here. Looks like we had a gap down from last week's close on the fiber and now price is rangy and boring just like the Asian session normally is. I'll be watching the Swissy pair too this week as it's created a near triple top rejection around the 0.9230x area. Granted,the plunge back down was rejected soundly on a pin bar at 0.90825. Another test of this previous high might yield some upward movement, especially if the fears of the EU debt contagion start to drive the fiber into the ground. My charts have us in no-man's land for right now so I'm not planning on taking any trades. Given the continuous stream of news about how under the radar these huge problems in Europe are, I'm still favoring short. I'll probably be managing my four currencies as per usual during big moves. We'll see what happens.
Good luck and green pips to everyone.
No comments:
Post a Comment