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Tuff-Stuff

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Re: hang ten post# 323735

Monday, 06/14/2010 4:11:29 PM

Monday, June 14, 2010 4:11:29 PM

Post# of 648882
zh<>Third Attempt To Break 200 DMA Fails, Is Fourth To Follow?

Today's third attempt to break the 200 Day Moving Average resulted in failure. With the Italy v Paraguay game starting, and volume about to become negligible, will there be any resistance to the imminent 4th attempt, or will the HFT algos call it a day? Looking at the EURJPY pair, of which the market is now a direct derivative, it sure looks like it will be a stretch.

Your World Is As BIG as You Make It!!!

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