Wednesday, August 6, 2008

repost; Indices trade calls

The USDCHF long should be done here.

On the 15minute timeframe it appears long EURUSD at the end of the day and 38% fib is a gimme long at 1.5691. I have a rule not to trade the wild price action of rate adjustments and today was the wildest thing I’ve seen. I’m going to let a sleeping dog lie here and I’ll be back on it Monday pointing out the best swing trades and end of day reversion trades.

 

No comments: