Dollar - today's close

Discussion in 'Forex' started by sKaLpZ, Aug 12, 2005.

  1. Yep.

    Although - *scratches head* - somebody shoulda took my bet.

    (no, I'm not back yet - I just dropped by in passing to go read a book :D)
     
    #11     Aug 19, 2005
  2. Ok, if today the Eur does not make a move higher than it's a bit of a problem for it.

    The bias is short however and all you newbies should look for 40EMA on 1hour touch-ups and sell them. You can go wrong only once. :)

    Take note and do not try to sell just any small spike that does not reach the EMA. You could be in for a double, triple or whatever bottom.

    I know i am out enjoying my gain from the drop from 1.2500 BUT i am out of the market for now. It seems unclear and it looks like a lot of traders are going to chop wood today. I am eyeballing a reversal although i have a sell stop on the way for futher eur declines.

    cheers
     
    #12     Aug 19, 2005