EURUSD 15-Min Update

Closed out the longs in the EUR at 1.3115 nice intraday trade .. you can see that the move downward denoted Do:Do = move up x 1/2 in vectoral relationship.. of course the market certainly can move higher but at this point I'll wait for the next setup, it's all about having a game plan and sticking to it!

Best wishes..

Tony

EURUSD 15-Min

You can see in the attached the anaysis of the down move in the EURUSD on 15-min bars.. the do-do move bottomed perfectly on the 1.618 fib extention yielding a intraday long setup..

Best wishes..
Tony

EURO 5-MIN Update

Still long EURO but I did close out longs in AUD.. Stops are bumped locking in profits and I am expecting a further rise during the European session .. this will most likely be my last trade of the year.. things are pointing to bullish behavior untill late on the 22nd/early 23rd ..

Best wishes and happy holidays to all!

--Tony

EURUSD 5-MIN Entry

IMO the bottom that registered at 1.3124 is tradeable bottom, so I went long..

Just my opinon..

SPX Cash 15-Min Bars 12192010

I'll be looking for a short setup through the Asian session tonight in the ES.. the cash market appears ripe for a pull-back...