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Re: villas post# 48853

Wednesday, 12/09/2009 5:56:33 PM

Wednesday, December 09, 2009 5:56:33 PM

Post# of 140146
villas...I looked the various time frames on EUR/USD and USD/CHF and right now nothing places a guarantee on what to expect..they are correlaing well but both are at MACD signal lines..one going north and the other south...BUT!!..which one is going to break across the signal line and which is going to reverse at signal line?They are both in an area I would not trade if I traded the 30 min but I dont really see that another time frame is much help at the moment.Looks like another case of letting Asian session decide tonight.I looked at DOW weekly then DOW daily and the daily really doesnt look too shabby after todays action and if tomorrow is a followup day the E/U may in fact have found a bottom in the 146.70s

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