It has come to our support 11340 and formed a reversal pattern. it seems that this support is still holding well.
My order was not filled and andI am expecting Dow to test the second support near 11,250 region.
Intraday Trading Plan for DJIA, 10-11-2010 (Wed)
Long Entry: 11282, SL 11242, TG 11400
Short Entry: 11454, SL 11494, TG 11300
USD/JPY
USD/JPY has break out from 81.50 and has formed a nice pattern on 4 Hour Chart!
I thought it would need to take 1 week to breakout, however, this has also happened to fast and sad to say Ayumi the novice trader do not know how to trade and I am just expecting it to do some correction after this run-up!
:)
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