DislikedHi eo,
just dropping by to see what's new.
That looks like a H&S forming on the daily but there isn't much room after the break of the neckline to the trendline. Heck we could even be stuck in that ~1000 pip trading range around 1.46 to 1.56 which would be awesome as well.
Let's see what 2009 brings huh.Ignored
I'm currently looking at this for the opening. A gap up and key levels of 4660 and 1h 50/62 for shorting. I'm not too sold on going short right out of the gate at 4660 because of the movement this weekend. Although, it might be a place that I'll consider building a short position from up to the 1h 50/62. This weekend, I saw price yesterday at 4759 around the 1h 50/62 area and last I looked we were at 4630. I'm not setting any PO's at this time, but once we open, if I'm home, I'll be looking at the prices to see how things are developing.
Trade well!
EO
Just digging in the trenches like everyone else!