[tab:Setup]
BUND is not the market that I am familiar with. I was just looking at the hourly chart, I thought it shows some interesting technical levels here.
Here is the …. CHART
[tab:Update 10 Feb 2012]
I like the movement of BUND, whichwas almost technically prefect. I mean, it reacted well at the levels. I really need to watch this market closely.
Here is the updated hourly chart.
I was thinking about shorting EURUSD yesterday at 1.3 level, and in fact, I did. I closed the position with some small gain. Had another look at EURUSD, We have a pennant formed at the top, broke out, and now we are back to the back of the trend line. Now it got me interested in short term long of EURUSD. I am still thinking. Well, this is another idea.
Anyway, I am looking at near 1.31 area as next resistance level.
Here is the Chart!
