As promised, here are the resistance levels for EURGBP we have been talking about:
Month: June 2010
ES Update…
Sharp sell-off yesterday in the ES, confirming the move we have been looking at. We ‘could’ keep on moving in extensions down but remember to keep it tight and that ‘straight lines’ do not last long in the markets, a retracement will come and when it does, you do not want to be one of the players that is being squeezed 😉
Thought of the Day…
“An amateur whose mind isn’t strong enough to accept a small loss will eventually take the mother of all losses”.
– Alexander Elder
Cable Update…
Euro Update…
GBPJPY Update…
Thought of the Day…
“… see how these guys all talk among themselves, figuring stuff out about why this happens and why that happens? You see how often they are wrong? Well, I’ll tell you something that could help you; it isn’t what these guys say to each other that counts, it’s only what the tape says that counts.”
– Reminiscenses of a Stock Operator







