Friday, May 25, 2007

EURO/USD UPDATE

CLICK THE LINK BELOW FOR THE PRE-TRADE TRADE ANALYSIS.

I WILL BE LOOKING FOR A 15 MIN BULL PIVOT TO REENTER NEAR THE ORIGINAL ENTRY AREA OF 3435. OPERATORS LIKE TO UNDERCUT KNOWN (HERD) LEVELS SO WHEN I SAW VOLUME WEAKNESS ON THE 30 MINUTE I DIDN'T LIKE THE SMELL OF THINGS.

IF PRICE CLOSES ABOVE 3459 I WILL LOOK FOR AN INTERNAL PIVOT ABOVE THAT AREA FOR A REENTRY.

SO I AM LOOKING AT TWO POSSIBLE RE-ENTRY LEVELS.

JERRY


CLICK HERE FOR ANALYSIS


JERRY



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