Friday, January 22, 2010

#1+2


Friday morning....market is very choppy and hasn't done much overnite, so we'll see what today bring..stock markets are open and moving lower so the euro starts to drop..

#1: got yellow signal and a stall around the whole number 1.4100..these whole number bounces are usually solid signals so i hopped in at 01 and out 03.5 for +2.5pips

#2: dropping off even more, the next area im looking at for a bounce is around the daily pivot..price stalled just above (my dp at 85) so i let price action take me in the trade...in 90 and out 92.5 for another couple..+5 on the session feelin good and looking as tho shorts are in play.

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