Thursday, May 13, 2010

PPT In Action

Who or what else would step in and buy it like this? They may stick save the EUR/USD as well (at least while the market is open). In this case you don't short again till it usually hits the upper BB.

 Here is the H&S that caused it. 19.7 - 11.7 = 8 Breakdowen at 13 and stopped at 5 = 8 Sorry I did not post this earlier.