Let's make a quick Market Preview on EU and GU.
(No Fundamentals)
EU: The market created a great support level, so if it is broken, we shall see a great down move. If that support is broken, then I would wait for a retest to see that the support level becomes a resistance and then shoot for more shorts. The other direction; it might be a consolidation zone until ~2580 is breached then actually the story is the same but with longs.
http://i47.tinypic.com/rs99n5.png
GU: (I am a little worried for TT's long entry)
It's quite similar to EU actually, same R&S behaviors, eager to see ~5480 level is breached and crushed. But it can show that the pair retests before it rallies.
http://i48.tinypic.com/30nc65z.png
Aussie continues down, next level would be ~1.02
EJ: Quite a consolidation zone, it still has some strength to drop additional ~80 pips (or not )
Gold: Actually it drives me crazy since the opening of the market Sunday night, though it has classic down move so I am still short, updating the stops.
Cheers all
(No Fundamentals)
EU: The market created a great support level, so if it is broken, we shall see a great down move. If that support is broken, then I would wait for a retest to see that the support level becomes a resistance and then shoot for more shorts. The other direction; it might be a consolidation zone until ~2580 is breached then actually the story is the same but with longs.
http://i47.tinypic.com/rs99n5.png
GU: (I am a little worried for TT's long entry)
It's quite similar to EU actually, same R&S behaviors, eager to see ~5480 level is breached and crushed. But it can show that the pair retests before it rallies.
http://i48.tinypic.com/30nc65z.png
Aussie continues down, next level would be ~1.02
EJ: Quite a consolidation zone, it still has some strength to drop additional ~80 pips (or not )
Gold: Actually it drives me crazy since the opening of the market Sunday night, though it has classic down move so I am still short, updating the stops.
Cheers all