Hi guys
I did it again
The Aud/Usd should be a bear 8
Sorry
teb
I add Silver as a number of people asked me to
again if you want the trend/trade email please send a email to [email protected] put "trend/trade call" in the subject bar
Date: for May 20 Trend Strength
Eur/Usd Bear 7
Eur/Jpy Bear 7
Usd/Jpy 1 to 4 no trend (Neutral)
Eur/Gbp Bear 5
Usd/Cad 1 to 4 no trend (Neutral)
Aud/Usd Bear 8
Crude Oil Bear 8
Natural Gas Bear 5
Gold Bull 5
Silver Bull 5
Key
Trend
Bear (down)
Bull (up)
Strength
7 & 8 Strong trend
5 & 6 Weak trend
1 to 4 no trend (Neutral)
I look to trading only 7 & 8
I will not trend trade 4 or below, no trend no trade.
· Best to trade a pair that does business in the time you are trading.
· The best days to trade trend are Tues, Wed, Thru.
· Worst times are Sunday night and Friday after 12noon EST.
· Only trade with the trend, use whatever set up you like.
· You make money on the exit!!!
Trading Idea
Eur/Usd: looking to take out 2009 lows of 1.2330, to 1.2165.