Friday, June 5, 2009

Buy GJ


The dust has settled since the NFP. We saw the Euro make an outside reversal, making new highs and new lows already. We are finally in a clear trading range. GJ didn't breakdown, it's time to try a bounce. Will seek HOD on this trade as I am still short EU so in effect I am hedged in my mind to be long on GJ, can afford to swing for the fences.

2 comments:

Syed Omar said...

I see you use BBand as part of your setup like myself. Great trading!

mezameo said...

Those are not BBand, they are Keltner channels, I find them far more predictive to future price. Thanks for checking in on me.