EUR/USD-TRENDING/EXHAUSTION-11-25-09
After analyzing the 30M chart of the EU this morning, there were great trade opportunities in the past few hours. If you check the chart you will see more details.
But you must realize that each morning you should check the pairs and see how they are acting...which decks are hot or cold? which are near exhaustion prices, etc. after looking at the pairs you should be able to make a decision on which way you will be trading the market for the day. And being on cash for the day, is still a decision you have to decide!
i will posting more charts from yesterday, just wanted to make sure everyone saw the exhaustion play (a bit more clear in USD/CAD 30M).
MADNESS
After analyzing the 30M chart of the EU this morning, there were great trade opportunities in the past few hours. If you check the chart you will see more details.
But you must realize that each morning you should check the pairs and see how they are acting...which decks are hot or cold? which are near exhaustion prices, etc. after looking at the pairs you should be able to make a decision on which way you will be trading the market for the day. And being on cash for the day, is still a decision you have to decide!
i will posting more charts from yesterday, just wanted to make sure everyone saw the exhaustion play (a bit more clear in USD/CAD 30M).
MADNESS