Euro Dollar.

Good evening Dynamic Traders,

I trust you are all well and managing any trades you have open well and according to your rules.

Tonights cross is the Euro against the Dollar.

I am keeping this on my watchlist for a possible long trade should my confluences happen albeit that it is still in a downward trend.

At present we have got convergence across various timeframes, OS Stochastics on some, amounst other good indications but as yet no reason to enter.

We are approaching a good figure, but be aware of your 123/DB scenarios and depending on your stance, enter accordingly.

Good luck with all your trading and remember to do a full analysis on everything.

Charts courtesy of TradeStation.

Clayton Farnworth.