Monday, December 14, 2009

2009-12-14 boring market today.

It's boring, and lack of movement, I will be watching it.

1. What is daily 3 hourly hourly 15 s/r and trend.
daily is down on all 3, and 5 dropped below 62. 13 is still above 62.
3 hours down on 62, flat on 5 and 13, 62 is at 1.4775.
hourly down on 62 and up slightly on 5 and 13, 62 is at 1.4679
15 and 5 are choppy.. flat

resist 1.4665, 1.4685, 1.4775
support 1.4617, 1.4600, 1.4585
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 guess people are on vacation or waiting for Wed FOMC meeting..

As it's boring market, I will buying at support and selling at resist,
1.4680 and 1.4620

There is no trade, neither level get hit... 0 pip



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