Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20050812 9:24 am ET. The previus retracement was about 100 pips, so the bottom trend channel line provides symmetry support for the market. Gives good area to look for longs for scalp trace of 10 to 20 pips.(on EUR futures contract)
EURUSD chart
posted by emacro @ 9:28 AM
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