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Old 05-30-2008, 06:56 AM
ronburg ronburg is offline
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Join Date: May 2008
Posts: 5
Default Euro about to bounce back for a while?

Hi Dave,

Was wondering if you could give your 2p on this... After the big fall the Euro had yesterday, I have been keeping an eye out for a reversal short term which might be tradable. For example in the attached i've found two cases now where we have MACD divergence suggesting a short term switch of direction? Is it common practice to check the currency against lots of pairs to see it's global strength as well as the individual currency pair you're trading?

Best Regards,
Dave / Ronburg
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euro-about-bounce-back-while-1.jpg  euro-about-bounce-back-while-2.jpg  
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