actual forex trades!
actual forex trades!
Looking at the daily bars up here - again my computer is running slowly so I’m not going to wait for it. We’re coming off of our resistance area up here. Remember, that resistance area was taking advantage of a resistance zone based on trading back here. This is February and January. We’re caught between the support zone - I’ll draw it in roughly here - which is coming in right about like this and so we had this really small area in the middle, right? So what we can expect is that the market is going to run into trouble as it gets into this resistance area. As it gets closer to the support area down here, we can expect the market to chop around. Now let me say this: if the market does get into this support zone, I’m expecting the market to try and trade back to 4,175, but I’m expecting it to be choppy. I’m not thinking this is going to be some rip-roaring trend to the downside <a href=”http://www.theinsidercode.com/forex-trading/index.php?s=forex+trades”>(here is where you get the forex trades in an email)</a>.
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