January 16th, 20102010-01-15T20:12:57ZF jS, Y
Arco
Patterns emerged overnight while the office was closed and Purple Trace followers should be set now. We took a very small trade, because I’m never too keen in holding large positions over the weekend – all sorts of things can happen.
I’m expecting to see some reaction on the
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January 14th, 20102010-01-14T01:26:27ZF jS, Y
Arco
Australian employment numbers came out high at 35.2% (estimate was 10.2%) - how can they get it so wrong. That gave s a surge in the price, and the action followed the purple trace and even hit the dotted blue at .9292. (High .9293 so far). Now we have to wait to see how it follow on, and if you are still long on the purple trace perhaps hang on for a reversal pattern
Updated chart below. No lines have been moved from yesterday.
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January 13th, 20102010-01-13T02:15:33ZF jS, Y
Arco
Potential here for a move Read more…