Friday, 10 December 2010

EUR/USD week 2 (Dec 10) cont....

Buy at 3264

A bracketed market (saddle point), break up fractal.











Close Position 1


a bearish divergent bar, close position at 3261, 3 pips loss hehehehe... get ready to sell if it breaks the down fractal or buy again one tick above bdb high.. :)









Another Saddle Point

Sell at 1.3222

Daily chart: Alligator open up, price below alligator
4 hour chart: Alligator intertwine, price below alligator









Close Position 2
Close position, one tick above bdb high at 1.3226, a total loss of 4 pips..

Alligator still sleeping, a sideway market, watch this market carefully, the longer it sleeps the better. Won't miss this breakout.. :)

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