Thursday, December 23, 2010

12/23 3:50

Sold dollar futures 80.84 on triangle unfolding with probabilities of downward breakout.  This would cast the dollar from heaven (the large rectangle forming the past several days).  Using a stop on a fast-moving M/A to re-enter (red line).

I downside breakdown occurs I expect to re-enter 80.25 - 80.

1 comment:

  1. Hi,believe that before friday dow jones down near 10%,usd would up strong and then and new up to 4 january.After a big crash to finally january¡¡¡¡