Tuesday, January 5, 2010

2010-01-05 waiting for pending home sale.

Nothing has changed overnight, it's still choppy.
1. What is daily 3 hourly hourly 15 s/r and trend.
daily is still down, 5 below 13 below 62, resist at 1.4458.
3 hour is flat on 62, and up on 5 and 13, same resist as daily, support at 1.4255
hourly up on 62 and down on 5 and 13, bounced well from ema62, which is at 1.4385 level. that's the place I should take my profit, missed it!
15 is flat and try to breakdown but failed. support .14385, resist: 1.4454, 1.4483.
5 is down on 62, 13, up on 5, it's drooped and then bounce before the news.
resist 1.4458
support 1.4385, 1.4340, 1.4270, 1.4255
2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time. pending home at 7
3. today's spread:0.9
4. What's the size of today, and what's the max risk. normal size, will risk 20 pips.

I shorted and closed all position,
+16 today.


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