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I am using this Blog as a mechanism to attract traffic to our Company Vampire Trading Network, Inc. I will post my analysis of the Euro FOREX Currency using our proven custom indicators. I hope you will use this information to your advantage, realizing that it is a speculation on what might happen. Any trade is a 50:50 proposition. I hope to increase your probability of success.

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Tuesday, June 29, 2010

Euro Breakout 1 Hour For 4 Hour consolidation (retrace)

The daily is still committed to a short trend at this time.

The 4 hour needs to commit with the VTN trigger pulling under the candle to indicate a solid retrace/consolidation.

We need to wait for the midnight candle to verify the proposition.

 The Heat map at this time is set for the immediate future i.e. less than swing trade, is long.

We can see that the 5 and 15 are breaking away on our make shift heat map using the standard Bollinger bands.  The 30 has yet to signal us into the 1 hour.

While the 1 hour Vampire Trading Network, Inc. Trigger does not have a completed predictive formation, the 30 minute shows that we have a trade that should get us up to 1.2233.  this just happens to be the 10 SMA on the 4 Hour.  Beyond that is the 1.2252 which also happens to be the bottom of the VTN VRZ caution zone.

The Trigger and other specialized proprietary indicators are available through subscription.
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