Monday, 23 July 2012

US DOLLAR 23 JULY 2012


USDOLLAR - follow me on twitter @fxdailyforecast and stocktwits.com/fxg
Price rallied off the B lows on Friday, we are shy of the 50.

FOR TODAY:
We need a retracement back to the 618/786 for a short trade setup.

If we don’t get the setup we are looking for then we don’t trade.

SHORT: Will be going short only IF:
We need a retracement up to the 618/786.

If we don’t get the setup we are looking for then we don’t trade.

LONG: Will be going long today only IF:
No long trades at present.

If we don’t get the setup we are looking for then we don’t trade.

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