9th Dec 2008 AUD & EUR/USD part 4
AUD 14:50
AUD pushed down into Monday's breakout:- random support.
Silly me I shuold have held the break and exitted lower.
At this stage support is valid coming into the 4 hour timeframe @ 3pm, but no spiral filters to trade longs from.
on sidelines
Euro 14:50
Monday breakout support.
Long 1.2858 (stops 1.2845)
looking for a move up 41 pips and hold towards 1.2931.
If looking at 4 hour patterns today, trade on the side of the blue filters, as any up trend should remain above them and not break lower.