Here onwards, you may view the Euro trade details in this Blog.
However, you may see Trade Videos in my YouTube channel “sattubes”
The Previous comments ( step by step trading guidance) are as shown on the figure. Click on the Fig, to have an enlarged view…
At the moment the LONG trade of Euro has a trailing stop at 1.4430
DOW is about to cross the boundary shown as “R”. Will it blast off this boundary? ”If “that happens, it could be the master Blaster’s day…
We have to wait with our fingers crossed.
On request, I am posting the DOW charts, both Daily and weekly with the TTI signals on. On the weekly chart, the breakout of last week is marked. As you can see, both are in Bullish mode.
In the attached chart, the support and resistance clusters are automatically plotted. You can see from the red thick horizontal line , it “was” so important. Now that it is convincingly broken out with powerful blast.
Note how fierce was the breakdown of this region in 2008. Also not that from 2005, this region was acting as a barrier.
So , it will not be unwise to expected weeks of powerful rallies and that too the next important cluster is far away.
Important: These thoughts have nothing to do with my TTI trading system.
| Status 10/9/2010 | |
| DOW | Bullish |
| Crude Oil | Bearish |
| Euro | Bearish |
| Gold | Bullish |
| FTSE | Bullish |
| Hang Seng | Bullish |
| Nikkei | Bearish |
