Thursday, January 27, 2011

Forex, PM, and ES Boatload o Charts

Overall I see nothing compelling.  2nd Chart, Doctor Copper is hinting down.

I feel like an EWI writer...."this ought to keep going up until it starts going down"

Copper (aka Doctor Copper) Important Crossover, leaving one PRS channel and confirming the second new channel....Down!

Golden Egg

GBP/ JPY has a very strong channel downward.    I went back short last night and got pounded so to speak.

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Insightful and Useful Comment!