Result - 13/10/2008: GBPUSD Intraday HAT

Yesterday's GBPUSD intraday HAT projection turned out to be a reversal and was good for a potential 180 pips.

Update: EURUSD Weekly Andrew's Pitchfork

Price stopped exactly at the parallel Andrew's Pitchfork last Friday (10/10/2008) on the weekly chart.

Whether this is going to hold EURUSD can be anybody's guess.

Best wishes and Happy Trading

EURUSD Price Support/Resistance

After shying away from 1.3790 target by 6pips last Thursday, price took a dive to the S2 1.3285 support area on Friday and immediately bounced back up this morning.

Its around 1.3517 now after bouncing on our S1 at 1.3450. Let's see some action before projecting further.

13/10/2008: GBPUSD Intraday HAT

A high probability intraday HAT for GBPUSD today is around 14:00 gmt (+/- 1hr).