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Technical Analysis Discuss the merits and downfalls of using technical data methods to assist trading

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Old 05-15-2008, 07:14 AM   #1 (permalink)
fx1
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I am still holding my entry point at 1.9720 to go short. My first target that I am going to hold on for is the 55 day low at 1.9336. We will see how the next couple of days / Weeks workout.. Currently price is consolidating between .9850 / .9750. Chart attached. Hourly price action is below my 180 / 150 Trend indicatior.
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