My TA this week (just MY bias). With all the feces last week, one never knows where you'll end up in yer trade.
I'm bearish. 50 ema has been good resistance in past ( yeah I know "past PA does not mean that future PA yadda, yadda, yadda..."). $ now>50.
STO is down as is RSI. BUT Wly STO is in O/S. (just my caveat emptor).
Mar 16 high was 50%.
The Fundafreakinmentals wrt Libya may lead to risk-off. Still have the horror in Japan. I'm leaning to a 9500 U/CAD longer term.
Tonight I got a sell stop 9795 & a buy stop 9938 (prev lo/hi) for day trade.
Libyan shituation is news that may initially be risk-off (U/Cad up).
Long term Japan's need for oil,gas,coal in order to rebuild suggest a stronger Loonie.
I'm bearish. 50 ema has been good resistance in past ( yeah I know "past PA does not mean that future PA yadda, yadda, yadda..."). $ now>50.
STO is down as is RSI. BUT Wly STO is in O/S. (just my caveat emptor).
Mar 16 high was 50%.
The Fundafreakinmentals wrt Libya may lead to risk-off. Still have the horror in Japan. I'm leaning to a 9500 U/CAD longer term.
Tonight I got a sell stop 9795 & a buy stop 9938 (prev lo/hi) for day trade.
Libyan shituation is news that may initially be risk-off (U/Cad up).
Long term Japan's need for oil,gas,coal in order to rebuild suggest a stronger Loonie.