Intraday Market Thoughts

Adding Charts to Earlier Premium Trades & Euro Failure

by Ashraf Laidi
Sep 30, 2011 8:06

The failure of both daily & weekly trendlines in EURUSD has been very vocal. We warned about this on Wednesday before the market moved against us to reach a.13660s. Yet the rebound was a prominent failure as it was unable to break above those key trendines. We also viewed it through a temporary decline in 1 month volatility, which we anticipated to hold at the trendline, suggesting a peak in EURUSD.

DIRECT ACCESS to today's s PREMIUM TRADES & CHARTS here:

http://ashraflaidi.com/products/sub01/access/?a=508 Non-members can get a trial here: http://ashraflaidi.com/products/sub01/

Ashraf

Ashraf

 
 

Latest IMTs