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Aud/Usd Signals From S&P Bollinger Bands
September 27, 2009 at 9:56 am
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Bollinger bands are designed to signal a trend continuation or reversal, and when used to work off the center line breaks, rather than trading the outer band action, can be a good secondary confirmation of potential price action to come. As a stand-alone indicator they sometimes struggle to keep up...
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Usd/Jpy Correction
September 27, 2009 at 9:54 am
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Usd/Jpy has broken through the 90.11 lows recently, which means that the red wave B is not done yet. As such, we are looking for a move lower, near to the 89.20 area where the bounce higher from the Fibonacci support zone may appear. We will be looking for an...
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