7-31-09
5:02a GMT – Here we are, end of the week, end of the month! Time goes too quickly.. Yesterday’s signal for a 1.4115 short was never entered as no candlestick confirmation signal every occured. Looks like we might get one any bar here though, as the price action appears to be stalling out near 1.4125. Otherwise I am looking to reset short near 1.4150 now as the RSI would be oversold on 1hour, slow stock would be flipped and dipping below overbought, and on the 4-hour the RSI would be at resistance and the slow SS would be ready to flip in overbought territory.
Trading Idea: looking to reset short near resistance at 1.4150, with targets at 1.4105, 1.4070, 1.4005 and eventually 1.3955.

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