Currently we are at 1.0319 after the pullback and tagging the top trend line. We are looking now for the continuation to the Support @ 10282.  There is a possibility that we will form a Head and shoulders pattern there.   If not look for the continuation to the double bottom @ 1.0243 area.    The current average daily trading range (ATR) is 72 pips.

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Comment by talisman on February 16, 2013 at 5:28am

good take on the market as usual scott.  i m of a similar mindset.  i see your penant on eur/aus failed to go long and broke to the short side.  what is your thoughts on that pair now ?

Comment by Scott Barkley on February 16, 2013 at 5:31pm

Here is my chart at the present- scroll down to My Exotics

http://proacttraders.com/blog#

Comment by Francesc Riverola on February 16, 2013 at 11:29pm
Please Scott do not send our members to your site to read your content... Post it here, otherwise we consider it traffic hunting and it is not welcomed
Comment by Scott Barkley on February 17, 2013 at 12:22am

Oops - totally understand - lapse in judgement on my part :-)

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