Here we have a BEAR cross at not such a well defined RESISTANCE *zone* :

Obviously the momentum will be BEARish on our lesser timeframe ...

and we have nice trend based momentum follow-through :

While trading the AUD/USD, I like to do the same, usually, on the NZD/USD ...

as long as I have enough margin : 

Now I’ll wait to see how deep the correction will be : 

sideways : 

Views: 40

Comment by Lisa on January 18, 2013 at 4:09am

Pulled-back enough to pull the EMAs together ~ time to exit and go to bed for me :

Good Trading through Asia,

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