xr86yp295m Forex Leader: 06/26/09

Friday close trending resumes

June 26, 2009

Wednesday the platforms were equal, yesterday the ranging one was taking over a bit and today things reverted to trending, but not as much as in the beginning of the week. Since my broker closes at 16h on Fridays, here are where things were at 16h, 5 minutes ago.

Trending vs Ranging:



So you can see that they're both + 200 and - 200 approximately inversely equal. Of course, I can't say what next week will bring but I have a feeling things will get movin' and shakin' as we enter July, which historically is a "hold on to your shorts mama!" kinda month. So to all the followers of this blog - who are all over the world (quite amazing, truly from ALL over the globe) I say be prepared to hold on to your shorts (and your longs as well !!) as we start July next week in what might be a wild ride.

Great week-end to all!