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  #361 (permalink)  
Old June 15th, 2010, 05:13 AM
Summerset's Avatar Summerset Summerset is offline
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Swissdollar Update

The swissdollar broke it's wave-I bottoms yesterday stopping out our 1460/05 longs.

This means that correction II has ended, and we could be seeing 1250 in impulse III quicker than we've thought.

The updated count is detailed in the attached PDF, under which we recommend to sell 1520 & 1490 with stops at 1575 to target 1250.

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Attached Files
File Type: pdf Swissdollar.pdf (623.0 KB, 8 views)

Last edited by nick74; June 17th, 2010 at 12:59 AM.
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  #362 (permalink)  
Old June 16th, 2010, 03:32 PM
Summerset's Avatar Summerset Summerset is offline
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Looniedollar

There will be a last opportunity to sell into the dollar cad correction to 1.0080 levels as Asian Markets open in a few hours time, especially if Asian equity markets are mildly bullish & Oil holds it's price levels

As shown on the attached update, technically there is still a last leg to do down. Recommend to sell market <1.0260> stop 1.0330 Target 1.0080

Profitable Trading
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Attached Files
File Type: pdf Dollar Loonie.pdf (631.7 KB, 6 views)
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