By admin on December 11, 2009
This chart was created with MT4 and the Autochartist Chart Pattern plug-in.
The daily chart has broken down through the support of the channel up pattern and the ascending triangle pattern – all pointing to weakness.
With the downtrend firmly in place on the four hour chart, the swing trade is waiting up at the 1.4844 level.
It’s … Read More Its fun to trade but hard to trust December

Related Posts
- September 1, 2010 -- Exuberance Returns to Equities and EURUSD but this Run is Likely to Collapse (0)
- August 21, 2010 -- Dollar Forges a FourWeek High to End the Week but Follow Through Up to Risk Trends Next Week (0)
- August 15, 2010 -- Euro Rises vs Dollar on German GDP, But Can It Sustain Its Gains (0)
- August 7, 2010 -- New Zealand Dollar to Look Past Retail Sales Data, Trade on Risk Trends (0)
- July 29, 2010 -- BIS its the implicit taxpayer guarantee that drives banks to get bigger (0)
- June 11, 2010 -- ECB Unlikely To Be Radical But May Keep Rates Lower For Longer (0)
- March 25, 2010 -- Forex Correlations March How Do Currencies Trade In Relation To Each Other (0)
- January 21, 2010 -- Bank of England should look to mote in its own eye (0)
- January 2, 2010 -- Oil to lift Gulf states in 10 but debt concerns remain (0)
- November 24, 2009 -- Forex Thin range trade extends to Asia (0)
Posted in Forex News | Tagged but, december, fun, hard, its, to, trade, trust