Monday, January 24, 2011

1/24 1:45

The rally in the dollar was a double-zigzag and terminated at the 1-minute, 260-unit M/A.  I'm disappointed that an impulse was not achieved, but I'll still re-enter on 7.5cents 1-minute close beyond this M/A.  Currently 78.23.
The decline in Euro was also double-zigzag.
I'm short gold which is in a 4th wave down.

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