Registered: May 2010
06-08-11 02:29 AM
There are a number of people here who seem to like something they call price action. I never really understood what they exactly mean by price action, but it seems to me that they may refer to price revisiting previous price levels where buyers(sellers) may reside.
As an application to e/u this evening, I would think (if my understanding of price action philosophy is correct) that price action bulls may be looking at 1.4658 to 1.4648 area.