Traders Laboratory - Professional Traders Community - Entries for January 20, 2010
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US Dollar: Can the Greenbacks Rally Survive Risk Appetite and 4Q Earnings?

Posted 01-20-2010 at 02:36 PM by DailyFX

The US dollar rallied through the Asian and European session hours Tuesday as the scent of fear wafted through the market. Speculative interests were put on the defensive starting in the early hours of the new trading session after a Japanese airline filed for bankruptcy protection in the nation’s fourth largest failure in history.

• US Dollar Rally Stunted by New Highs for the Dow, A Rough Start for Q4 Earnings
• British Pound Rallies as Inflation Sparks Long-Lost Interest...
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Old

Stay Lines

Posted 01-20-2010 at 09:40 AM by zdo

Line Changes:
New (2nd ) active Red Line.
Extended active Green and Red lines on times.
Adjusted tentative green lines (dotted)
Extended dark red Trend Line at lower angle (yesterday)

Order changes:
No orders resting, but will start adding shorts on PA under new active Red line.

Position Changes:
None. Still flat.

Comments: Missed posting yesterday. 2nd Chart attached
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zdo
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