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#1 jjc

jjc

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Posted 05 June 2007 - 08:13 AM

FWIW: Ingredients available to trend; Direction is the question. I leaning up. By my measure at this level on 60 and 30 indicate overbought conditions are resolved. Looking for long entry conditions at 1533 if I don't get the right conditions entry short will be tricky and risky until after lunch (small window at 11:00 need to watch 15 min ADX). USDYEN and EURUSD are important here.

#2 jjc

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Posted 05 June 2007 - 08:29 AM

FWIW:
Ingredients available to trend; Direction is the question. I leaning up.
By my measure at this level on 60 and 30 indicate overbought conditions are resolved.
Looking for long entry conditions at 1533 if I don't get the right conditions entry short will
be tricky and risky until after lunch (small window at 11:00 need to watch 15 min ADX).

USDYEN and EURUSD are important here.


Event Risk: 10:00 ISM.

#3 jjc

jjc

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Posted 05 June 2007 - 09:15 AM

FWIW:
Ingredients available to trend; Direction is the question. I leaning up.
By my measure at this level on 60 and 30 indicate overbought conditions are resolved.
Looking for long entry conditions at 1533 if I don't get the right conditions entry short will
be tricky and risky until after lunch (small window at 11:00 need to watch 15 min ADX).

USDYEN and EURUSD are important here.


Event Risk: 10:00 ISM.

Target for long is 1542ish area. Prob this side of 1:00.

#4 jjc

jjc

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  • Traders-Talk User
  • 2,886 posts

Posted 05 June 2007 - 11:36 AM

FWIW:
Ingredients available to trend; Direction is the question. I leaning up.
By my measure at this level on 60 and 30 indicate overbought conditions are resolved.
Looking for long entry conditions at 1533 if I don't get the right conditions entry short will
be tricky and risky until after lunch (small window at 11:00 need to watch 15 min ADX).

USDYEN and EURUSD are important here.


Event Risk: 10:00 ISM.

Target for long is 1542ish area. Prob this side of 1:00.


Late on the update; busy :lol:

stopped out. 1533; down a pt from my ave buy price.