Thursday, May 6, 2010

Euro Chaos 5-6-10

Amex cumulative New High - New Low indicator is signaling red again... time to scale in longs?

I need a few more days to see if this post market open (9:30 EST) ATR/Volume (volume relatively higher than ATR) signal works consistently, then I'll feel more confident about stepping in this mosh pit with chainsaws otherwise knows as €/$ cross...

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