Monday, November 23, 2009

EURUSD 2009-11-23 Live Analysis (Update)

Monday: 23rd Nov, 2:59pm (SGT)

The price followed the orange set of lines analyzed over the weekend.  Looks like we may have a setup at this level.  What is the learning point here?  Wait for price to develop into the pattern that you are familiar with.  And usually, familiar patterns are your high probability setups.

4:39pm (SGT) Update
Sell setup didn't formed and looks like we have to go back to the drawing board.


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