Apologies, NVP - missed the call to action. For future reference I know how to use the Word7 Snip tool on my desktop but after that... anyway perhaps I can practice?
heres the week.....
anyway I am figuring the Dow has to now prove if It can take out that recent high yesterday ........Traders will watch this test closely & adjust Stops to protect the weeks gains :smart:
so thats the key as usual........ i am watching the Dow for clues
good trading
N
First of all can i say that its a very interesting thread and actually very similar to what i am doing. I have been looking at your correlator for the past few days and it looks good. Today is definately a day for shorts against the yen and usd but i also notice what seems to be a signal to get long, which would have cost you. At 13:30 there is a bullishdow bar that closes above the ma. At the same time the usd joins the yen south of the 0 line and the euro & aud closes above. surely a signal to go long several possible pairs. Would you have taken this?