Thursday, June 18, 2009

New trades I am watching

We are watching 4 trades right now...none have been made yet and depend on price:

1. EUR/GBP: Long if we get a close on the 4H above 0.8573

2. GBP/USD: Short if we get a close on the 4H below 1.6208

3. AUD/USD: Short if we get a close on the 4H below 0.7826

4. USD/CAD: Short if we get a close on the 4H below 1.12206

The thing I like to do here is analyze these from an independent indicator.
Market Club is excellent for being a checks and balances indicator. I will use this for these trades.

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