Wednesday, August 06, 2008

Testing 1.9500 Support Area

Leaving two trading days makes me loosing some big trades.I'v been out of the town.
Thanks to Ashley and Sav for the comment and visiting my blog.

to Ashley : sorry i gave the same joke to Sav :-D, i'll give another funny comments.
to Sav : absolutely, no jokes with the cross.

Back to the business.Lets see, the price drop more than 200 points since the last i saw the chart.
Now its range 238 points on weekly so its still have room for another 50-100 to the down stairs.
The price came back to multi times good support area in 1.9500 and trendline is also pointing that area so cable have probability bounce after reached 1.9500 area.
With this curve like in D1 chart, i dont have the clues where its gonna stop drowning. Unless some clear support arround 1.9500 showed up.


My favorite for today is going north


we'll see whats gonna happen in 1.9500 area

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