Looks like I was right about the follow-up moves in the Franc and Yen too. My sense of direction was right and my timing was good, my stop was just too tight this time, but like I said I was expecting a quick rally.
Sorry, just the 1 minute by itself. Aussie is joining the party now too, and the Kiwi is thinking about it but it's a bit indecisive at the moment, doesn't know if it wants to rally or continue the downtrend. I'm watching for a break of 0.7969 for a reversal on NZDUSD.
Probably a tweak in the calculation (mine, or yours). Close enough for non-government work http://i32.tinypic.com/1zugph.gif Halfhearted bounce attempt...
dejatrader - without multiple timeframes I have no sense of bearings. I need a framework to work from. If I had to pick one only I would use 5 mins. I think you are severly handicapping yourself imho.