12 November 2007

12-11-07 : All 4 majors need retracement

EUR-USD & GBP-USD needs retracement.
USD-JPY and USD-CHF needs rebound back to trendline.

Must wait for now.

EUR-USD
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GBP-USD
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USD-CHF
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USD-JPY
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12-11-07 : MSCI Index Short setup

If the index can cross 340 down, then its likely to go down further.

If you are aggressive, you may also go for a short if the price rebound to 346
(upper channel line for 15min chart), then down again.

Daily
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15min
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12-11-07 : Nikkei is still downtrend

Those who hold Nikkei Shorts can cont to do so. Those who have not shorted Nikkei can wait till it rebound to trendline and fall again.

Now its best to just wait.