Tuesday, June 26, 2007

Stuck In The Range

Today's Pivot Points:
R3 = 1.3508
R2 = 1.3489
R1 = 1.3476
PP = 1.3457
S1 = 1.3444
S2 = 1.3425
S3 = 1.3412

Today's Calendar:
1- New Home Sales (10.00 pm)
2- Consumer Confidence (10.00 pm)

Today's Strategy
1- Looking for Asian session high/low breakout.
2- Looking for the 3 EMAs to converge and RSI to prints lower in 1H TF.
3- Sell at 1.3490, 1.3515, buy at 1.3440, 1.3420.

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