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Stay Lines

Posted 02-01-2010 at 02:26 PM by zdo

Line Changes:
>Changed angle upward and extended lower active green stay line.
>Extended dark green trend line, less steep.

Position Changes:
>None. Still short.

Order Changes:
>None, but ready to decrement stoplosses if needed

Comments:
>Raising angle of lower green stay line sets the two on a path to converge – at which point they will be consolidated if still active
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zdo
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Old

Forex Weekly Trading Forecast - 02.01.10

Posted 02-01-2010 at 10:36 AM by DailyFX

US Dollar Forecast to Appreciate versus Euro Ahead of NFPs Data

Read more: DailyFX - Forex Weekly Trading Forecast - 02.01.10 http://www.dailyfx.com/forex/fundame...#ixzz0eILyITWI
Euro: Can the ECB Make Conditions Even Worse for the Currency?
Japanese Yen to Gain as Carry Trades Unwind Amid Risk Aversion
British Pound: Outlook Hinges Upon BOE’s Decision on Rates, QE
Swiss Franc...
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