Oct 302011

PA on this pair has reached PPZ and turned on it. RSI is overbought and PA is extended. Looking for retracement trading

 

Oct 302011

EU is at confluence of LTL/UTL and LT Fib 61.8

I’m expecting some strong friction here. RSI is overbought and PA is extended.

Took a bunch on that GU trade I posted below. Now PA is back to test again. Am tempted to get in at 1.6 with Fib confluence, but not sure yet. EU is heading to target right now. AU has followed through with it’s PA formation and is doing well. NU is heading to LT fib as well. Limit stack on EU is the only target on radar right now though.

 


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