Monday, July 20, 2009

New Weekly Trade Triangle

Interestingly enough, the other indicator I use a lot of...my trusty Trade Triangles...just issued a new weekly up triangle on the AUD/Greeny. As I have said many a time, weekly issuances are not common with MarketClub, so you gotta pay attention.

Short term, I am down on this position...so if I am stopped out, I will look at the next support point to go long again, BUT in my intermediate account.
(When you click on the bright logo below, Adam does another video on the bullish 'yellow metal.')

(Clicking on the Ozzie chart gives you a clearer view...note the RSI is well below 70):



No comments:

Post a Comment