Professional Documents
Culture Documents
Report
Report
Automated levels
Open
High
Low
Close
Change
R3
R2
R1
PP
S1
S2
S3
Yest MPHI
Yest POC
Yest MPLO
10 SMA
20 SMA
50 SMA
ATR
RSI
www.FuturesTechs.co.uk
AUDUSD
FX Spot
10th October 2014
Yesterdays Market Profile
0.8840
0.8900
0.8764
0.8783
-0.66%
0.9003
0.8952
0.8867
0.8816
0.8731
0.8680
0.8595
0.8887
0.8875
0.8827
0.8762
0.8839
0.9108
0.0107
37
Chart Levels/SkewBar
Comment
Short Term Trend: Neutral
Medium Trend: Bearish
R4
R3
R2
R1
0.8998
0.8936
0.8898
0.8826
S1
S2
S3
S4
0.8746
0.8718
0.8643
0.8576
Candlestick Chart says: The relief rally from the major support level at
0.8656 met 0.8890 resistance and reversed. It is hard to sell into major
support after taking out the previous swing high at 0.8826 so we look for
0.8718 Marabuzo line support to hold again or better signal such as a
bottoming pattern.
Profile Charts say: 0.8731 is support. - this did a job once more,
encouraging the bulls.. Looks like were going to test this once more
Summary: Consolidation after the confirmed reversal at yearly lows.
Trade Idea: Stopped out by yesterdays chop, awaiting better signal.
Grrrrr.