Tuesday, November 18, 2008

FX & TF 11/18

FX

Closed my positions from yesterday, coz it was apparent that the pairs weren't going in my direction (down). Got out with 10 bucks profit. Ha ha.

I'm getting really micro now, since my account is NANO.

EUR/USD Hourly


EUR/JPY Hourly


AUD/JPY Hourly



AUD/USD Hourly


All seem to want to go sideways for a while.

Waiting for confirmation to go in again.

The EUR pairs are now hovering along the floor of B1. Looks like a round bottom to me. We'll see.

TF

Displaying similar pattern seen in the FX charts above.

TF 30min


Going by the theory that the start of a robust uptrend is usually supported by unimpressive volume and a gradual upslope, it seems possible that TF has seen its bottom - provided that no one's game to play savior and fairy godmother anymore.

Am keeping my fingers crossed for now.

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