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Paul Koszarny · 20-12-2002, 03:30

For today the first model hour is

9:00 (to close at 9:59) it's a high so I am short for two reasons. One is the model hour, the second is that daily indicators have turned bearish. I mean oscillator BWAO and accelerator BWAC. In fact I can put a tight stop at 1.0280.

The next model hour is 16:00 (sup 1.0187, res 1.0255).

Yesterday's low was two hours after the model and lower than 1.0231 indicated. However, if not stopped, 40 pips profit could have been booked.

20-12-2002, 03:30	#1
Paul Koszarny Super Moderator Join Date: Nov 2002 Posts: 322 Downloads: 0 Uploads: 0 Rep Power: 0	Friday model hours on EUR/USD For today the first model hour is 9:00 (to close at 9:59) it's a high so I am short for two reasons. One is the model hour, the second is that daily indicators have turned bearish. I mean oscillator BWAO and accelerator BWAC. In fact I can put a tight stop at 1.0280. The next model hour is 16:00 (sup 1.0187, res 1.0255). Yesterday's low was two hours after the model and lower than 1.0231 indicated. However, if not stopped, 40 pips profit could have been booked.