The major 8 Day Trend is going UP. Looking for a daytrade reversal to the downside.
I Don't have TP numbers yet....the set up is still way to fresh to measure..
Note
I don't trade NEWS, nor do i need too...but I do need to know what is going on to watch for spikes. I'm trying to figure out WHY the Spike occurred in Price. It appears that the good news for NZD & AUD this week had lots of "News Traders" watching it. I don't trade the news but will watch it for what NOT to trade. The good news shouldn't have had "that" kind of effect.
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