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Old 18-12-2002, 14:11   #4 (permalink)
Paul Koszarny
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16:00 was a high

It was another selling opportunity. As good as in the morning. And it proved to be hourly resistance from 13:00, namely 1.0276.
A nice slide down to 1.0224. +50 pips going by the hours. Now let's wait for 20:00.

Until now, today we have had:

9:00 rather misleading but due to the level counted as a minor high and shorts established at 1.0268
13:00 a low 1.0234 (30 pips), going long would give 30 pips
16:00 a high 1.0276, going short would give 50 pips so far.
Altogether +110 pips.
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