Monday, November 16, 2009

2009-11-16 trying 1.5 with Retail Sales.

Retail sales number is positive this morning, most of it is due to the souring oil price. Seems 80$ oil isn't an issue for most consumer and let everyone else cut their spending so that I can drive that hummer to take advantage for cheap oil.

1. What is daily 3 hourly hourly 15 s/r and trend.
Daily is up on 62 and down on 55 and flat with 13, pretty far from 62 also.
3 hourly is up on 62 and 13, flat/turning on 5
hourly is up on 62 and choppy 5/13 hourly 62 is at 1.4940, which is the support for this morning's news.
15 is choppy between 4990 and 4940.
resist: 1.4990, 1.5000
support: 1.4940,
2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time. Ben is talking.
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.

No comments:

Post a Comment