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Dynamic Trader Blog - Forex Chart Pattern Signals

Friday, March 16, 2007

Euro


Chart courtesy of Dynamic Traders. Data provided by Reuters Quote Center.
Sorry but I didnt have time for updating yesterday.
Above is the Euro Dollar chart. I have been stopped out on the Euro short I had opened but have noticed the Comms are still short the Euro so will be looking to ro-open a short at sometime in the near future.
The USDCAD pair is range bound. A break above the high and the daily chart and I will look to open a long position again.
Have a good weekend and I will try to update during the weekend but certainly by Monday morning.
Frank has decided to take up a mechanical trading system today so good luck to you.