Tuesday, July 6, 2010

Euro $


Good Morning

The chart above is a hourly view of the Euro$. The lines drawn are the same as I placed on the h4 chart last evening. The channel has held and the pair has broken the red line which defines the rsing wedge. Look to get short as that line is tested at about 1.2610. Like all wedges its against the trend on a hourly view. On the Euro the daily trend is down in my view.
I am trading in the www.whichwaytoday.com room all day.
I will post here when I enter the Euro$
Have a great trading day.
David

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