9-30-08
2:26a GMT – After booking 200 pips on our last sell signal we are looking for more selling opportunities, this time around resistance at 1.4555 (the 9/25 and 9/26 low).
Trading Idea: look for bearish candlestick signals around these levels to confirm trade. Shorts favored with targets at 1.4445, 1.4350 and 1.4300. If 1.4575 is broken look for a challenge of 1.4660.
Side note: you may have noticed less signals coming out recently; this is due to market volatility. No point in entering a trade on nothing more than a hunch ;).
(click to enlarge)
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