Tuesday, April 28, 2009

Back and Running





Pipmonster is back up and running.
Much thanks to my friend BigBlue of Triumph Trading for the support and market insight.
I haven't posted in awhile, but I have continued to trade to some measured degree of success.

Here's an interesting note.
EUR/USD turning around due to a combination of factors.
4hrs descending trendline resistance with the USD/CHF hitting intermediate support.
Euro turned around to the minute of Swissy hitting the support.
A useful tool if one is trading the euro or swissy.

Note I did not take this trade, but I post it here for reference and the intermarket relationship.

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