Site Meter The Lawyer Trader: TLT Trender Signals

Sunday, February 8, 2009

TLT Trender Signals

This week's Trender readings. Note that as of now, the daily downtrend remains intact for the Eur/Usd, Gbp/Usd, Usd/Jpy and Nzd/Usd, but some of these pairs are acting like a trend change is coming soon. Recent price action in the pound has been very bullish and I would not be surprised to see a buy signal soon. It's very important to remain open minded, especially when the instrument(s) you're trading seem to be entering pivotal price levels.

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