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Paul Koszarny · 15-01-2003, 13:53

Despite strong action began at 15:00 EUR/USD failed to cross 1.0591, the resistance level from the last dailies. A pull back brought the pair back near Thursday's pivot 1.0555. Today's rally has triggered my sell order at 1.0590 which has been closed at this hour. I still favour short side in short and medium term due to the model indications. Once again serious movements and panic quoting began very near the generated model hour.
Look for much higher volatility tomorrow, Thursday which is a very important fractal day.

15-01-2003, 13:53	#10
Paul Koszarny Super Moderator Join Date: Nov 2002 Posts: 322 Downloads: 0 Uploads: 0 Rep Power: 0	EUR/USD out of steam again Despite strong action began at 15:00 EUR/USD failed to cross 1.0591, the resistance level from the last dailies. A pull back brought the pair back near Thursday's pivot 1.0555. Today's rally has triggered my sell order at 1.0590 which has been closed at this hour. I still favour short side in short and medium term due to the model indications. Once again serious movements and panic quoting began very near the generated model hour. Look for much higher volatility tomorrow, Thursday which is a very important fractal day.