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No too much action but the levels keep working fine…

Posted on July 14, 2009 at 5:51 in Market comments by David Aranzabal

Today we didn’t get too much volatility ath the european opening, but we can see on the chart that the levels keep woorking like a charm:

-Asian Support hold the downside move just before the Frankfurt opening

-Asian resistance stoped the move up

Check out this blog and find patterns that repeat everyday at the same time of the day, over and over.. !!!

2 Responses to “No too much action but the levels keep working fine…”

on 14 Jul 2009 at 7:13 am1Swana

Yes, David, as you said,

precisely at the same time, precisely on the daily lines.
Today at 7.45 a.m. Madrid time:
GBP/USD bullish A-B-C on daily open line 1,6242
USDX bearish A-B-C under the daily Pivot line 80,16.
The trades are not yet closed.
on 14 Jul 2009 at 7:27 am2David Aranzabal

Hi Swana,

Thanks for sharing your view !!
And good luck with your trades.
Keep posting. Thanks

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