Oil holding EMA support on the 1-minute. Looks like it's trying to mount a bounceback.
http://content.screencast.com/users/j_michael/folders/Jing/media/24de03ce-ea2b-4b2e-9647-732de91c009e/2011-06-16_DX%20MINUTE.png
I wish I would have stayed in this short. Moved my stop loss to tight yesterday. Looks like it worked like a charm.
http://content.screencast.com/users/j_michael/folders/Jing/media/a7838e50-b5da-46f4-99a0-5ff41458b286/2011-06-15_6E.png
Wow. Went to lunch and missed that run.
Oil at possible EMA resistance on the hourly-
http://content.screencast.com/users/j_michael/folders/Jing/media/7e95db1a-2892-4a92-ba9b-20313851b7ed/2011-06-14_cl.png
Dollar sitting at hourly EMA support. Could rally from here.
http://content.screencast.com/users/j_michael/folders/Jing/media/850df035-4676-424e-9e81-aa029f4ecdc2/2011-06-14_DX.png
Euro at hourly EMA resistance. May be setting up for a potential swing trade short.
http://content.screencast.com/users/j_michael/folders/Jing/media/0b684851-c1f6-4482-bd5c-4bc9e0a49699/2011-06-14_6E_Hourly.png
Looks like EMA support is holding on the Dollar-
http://content.screencast.com/users/j_michael/folders/Jing/media/82c66889-3e30-4c07-8ee7-6bb282f8bd2d/2011-06-13_DX3.png
Oil pushing lower.
Agreed. Sometimes it's better to stand aside. I'd rather miss an opportunity than get chopped up. I'm waiting to see a sign of conviction either way before doing anything.
Dollar may find EMA support here.
http://content.screencast.com/users/j_michael/folders/Jing/media/0ed88d11-fded-48b8-bf07-fdc512311fe7/2011-06-13_DX%201MINUTE.png