Thursday, January 09, 2014





TRADE IDEA FOR TUESDAY, JANUARY 7, 2014
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FR – long trade
We see odds for 60 min breakout because FR consolidates under resistance for some time and always that situation increase odds for breakout. At same time that could be bounce from monthly 10sma support and weekly 20sma and daily flag and with that synergy I’m trying with intraday or daily setup find possible good reward charts.





TRADE IDEA FOR MONDAY, JANUARY 6, 2014
LXK – long trade
I like daily continuation possibility based daily consolidation and LXK strength despite of market weakness last two days. On the weekly and monthly chart I see room for swing upside action, even for longer swing, but for start I will be happy if daily chart will work after several consolidation days. Setup will be above Friday high what should be confirmation for upside try.



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