Simple's Green Room

[simplegreen]

jav...on that thing about swissie daily chart...its already had a minor(for daily) correction of about 100 pips that happened the instant it hit bottom of daily supply zone...after thats returned to the runup as you know...that zone was established beginning sept 6 of last year BTW...now what I expect is for swissie to trade through that zone meaning it would exceed .9456 and once traded through I expect stops to be taken out then a reversal that should be a pretty strong one if I'm right...have seen numerous times a pair was pushed through a supply or demand zone then reverse hard after the zone was taken out and disappeared from the chart.If it doesnt play out that way then the POS US dollar could push swissie as high as .97 to .99
For some time now I have avoided bucking this ridiculous bull run of the dollar both in U/J and swissie but am looking now for a chance to ride a nasty correction down on both..might be a while but I'm patient and gonna be ready when it happens(LOL)
In the meantime I am simplly playing N/U longs as it nears or hits bottom of the gorgeous channel its been trading in lately and making some good pips.