yep for sure. Buy support sell resistance. I have been buying $
here looking for a bounce at the very least. Possible higher low on
the dollar index and a 123 pattern setting up which is simply a
move up followed by higher low on the move down and then a move up
again above the point 1. Forgetting all the numbers, it looks a
good low risk entry as you say!!
Also I have been buying into the S&P yesterday as I think we
are due a good bounce in the coming days. Bit scary going long but
its usually the best time to buy the markets........when everyone
else is selling.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
yep for sure. Buy support
USD
Posted by vimal on 16th of Mar 2011 at 03:53 am
yep for sure. Buy support sell resistance. I have been buying $ here looking for a bounce at the very least. Possible higher low on the dollar index and a 123 pattern setting up which is simply a move up followed by higher low on the move down and then a move up again above the point 1. Forgetting all the numbers, it looks a good low risk entry as you say!!
Also I have been buying into the S&P yesterday as I think we are due a good bounce in the coming days. Bit scary going long but its usually the best time to buy the markets........when everyone else is selling.