14/10/2011

These are my alternatives in current trading

The high close in this long uptrend on the 2 hr chart is 11.571. CET 12:00 close came in at 11.554. The trend is up. A run from 11.554 to above intraday high at 11.624 could signal a further uptrend with a target of 11.872 intraday. A 2 hr close above 11.571 signals only the possibility  of a new 2 hr close around 11.732.

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