Last week's doji on the euro leaves me still bearish on this pair and I'm looking to short a pullback from the 1.27 region. However, I'm also inclined to see how Monday pans out to give us a more clear direction before jumping in.
Cable's downside move last week leaves me more bearish and I'm shorting at 1.43, failing that I'll be shorting the week's first peak.
USD/CHF's spinning top was planted firmly in the 1.15-1.18 range and I'll be watching when price nears those levels once more to judge possible direction.
USD/JPY left us with a bullish spinning top last week. However, I'm going to hang loose, accept the indecision inherent in spinning top and see what the first hours of trading bring.
Sunday, March 8, 2009
candle calls
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