Monday, January 19, 2009


I need to go to bed! Been waiting for this setup for hours but it just won't give me the high I need (lol) to get into the trade safely (ie knowing that, after x ticks, I'm wrong so I can get out without any issues)still could get up there (just under 1.34 even) but it's leaning towards hugging the lower trendline support of the pattern which'd most likely lead to a breakdown without reaching those highs. The fact that it's broken out of the major down trend (see friday's 60min chart) unsettles me too,even if it does have resistance from connecting New Years Eve congestion with the one from 8th going into 9th of January...I know I'll kick myself when I get up but there'll be plenty more opportunities :)

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