don't know if this has been posted elsewhere, but anyone believe the 3-day Holiday Reversal idea?
YouTube - 07/02/09 Holiday Market Reversals
so, whats with the upspikes on GU, EU and EJ at 11:30-ish??
I dont have any news event listed.
EU did a perfect retest of yesterdays high; not that I believe in all that Sup/Res stuff.
Is this a double-top? Downside for the rest of the week?
holiday low-vol blues?
I had a dire week with EU.
EJ only gave one really decent trend-day. (Thursday).
It was only GU that kept me in the game last week, and even then it was a nett red week for me.
Worth staying out till Sept?
Here is one from me for the week.
USDCAD - long pos to 11300 - SL @ 10780.
I reckon on major support at 10800 with a possible turn up to 11300 & then 11500
United States Dollar in Canadian Dollar - Google Finance
If 10780s fail to hold nad it breaks below 10700 then 10200 is the next resting place...
Good luck...