This blog is created to show market analysis based on our Power Trend Strategy. The strategy was designed with intra-day traders and part-time traders in mind. I will do all it takes to make it simple and explicit as possible. PLEASE REVIEW THE FIRST POST (Risk Warning)! Please enjoy. TRADE ALERT HERE: http://bondfx-tradealert.blogspot.com
Tuesday, November 24, 2009
EUR/USD - Approaching Intraday Resistant
The next look on EURUSD after breaking a major intra-day trendline is 1.4960. A break of this point will see further push to next resistant point 1.5020. The Bull may take over after a close above the 50sma and good intra-day market strength above 20 level of the ADX
Let's watch
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