Friday, July 2, 2010

AUDUSD 2010-07-02 Analysis

(Technical analysis done by Eric Lye in our Forex Trading Blog.  The purpose is to share how we analyze the market and put ourselves on the side of higher probability of things happening.)

Potential morning star candlestick pattern forming on day chart.  This present opportunities for some upside

1 comments:

Eadfrith Scott said...

Good stuff - too many people ignore the classic candle patterns. I find they are excellent to refine entry and exit points when using my regular trading system.

I talk about some of these patterns in my free forex news letter that you can get at http://www.profit-with-forex.com