Wednesday, December 9, 2009

2009-12-09 Japan GDP low and Greek concern.

Japan GDP number turns out to be lower than expected and Greek is down graded.

1. What is daily 3 hourly hourly 15 s/r and trend.
daily down on all 3, and 5 is about to cross 62. support at 4668 and then 4626.
3 hour is down on 62 13, flat on 5, resist 4781 and then 4890
hourly down on 62, choppy at 5/13, 62 is at 4794
15 choppy and 5 choppy, EMA62 is at 4740
current trading at 1.4720 level.

resist 4760 4780, 4860
support 1.4700 4680 and 4660.

2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time. nothing major
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 will short on 4769 and long at 4700

+24 pips already.






And 4735 is EMA62 on 5 minutes chart, which it acting as resist in this case.

No comments:

Post a Comment