Wahaha.. Got some free time... Doing my analysis... Done it within 15mins... Record breaking... Wahaha...
Here is my guess today. Trade at your own risk. Cause this few days, it is strange for GU.
D1 Chart
EWO is going down... despite a upmove yesterday.. So this means that yesterday is a retracement up..
So I am still looking for signal to for down move today.
H4 Chart
EWO is still a strong up.. So I think for the next 2 bar, it still going up... When H4 is going down, I will sell... I might be longing this pair for some quick profit if I have time today while waiting for my signal.
H1 Chart
EWO here is still going up.. But, not for long. So dun be surprise, it will be coming down soon..
M15 Chart
EWO is coming down now.. But, I will be waiting for london session to open before I make my move.
I am targeting 1.50 today... let's hope I can get it today. Wahahha
Good Luck to all & May the Green Pips be with all today...
__________________________________________________
Smile
Chankl78
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GBPUSD 14th July 2010
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Chankl78