Monday, October 31, 2011

EUR/USD Trade for Tonight

We do not expect the 50-day SMA to be broken as it has not been. We expect the 50 and 20 SMA's to match and flatten. We expect no one anywhere in Asia to make any other moves overnight.

One day soon, we would love to be wrong so life could be more interesting!

Until then, there are ways to make $ with 'flat' too.