KNOW WHAT OTHERS DON'T
Welcome to my Market Directions ramblings.
I mainly focus on Major Forex pairs.
The idea is to grasp Intermediate to Longer term market moves.
I use different aspects of Technical Analysis and I take into consideration economic news data, but just in conjunction with my technical analysis.
Comments and criticism are welcome as long as they are constructive and will help both readers and me to improve our understanding of markets moves.
Friday, February 17, 2006
Parting is such sweet sorrow.
Well looks like price is trying to pull away from the channel, but alas couldn’t bring itself to say good bye, it’s had such a good time the past several days that it wanted to stay the weekend, and a long weekend to boot. Given that Monday is a holiday.
Sooooooooo……..
Stay the course, expect to see a bit of a pull back to start the week then price to penetrate the channel, fall back retest the line then all points north. Would be advisable to cover a small portion to pay for this weekends honey and will try to hang on and look to add to our northward train next week.
Will try to take a look at some other pairs this weekend, but have to go check out baby bear, something about his chair being broken…..
Wishing all a great weekend
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment