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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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Monday, July 5, 2010

No Call Wait till post Holiday move

No volume or any impulse to do anything since Friday has been seen. What with the poor USD news and no movement this week, I am inclined to let things sit until resumption close to ATR.

Of caution is the VERY tight SAR.

The Euro is set for a nice breakout out one way or the other.  The VTN Foresight shows the Daily wanting to turn over, Yet the 4 Hour time frame is just now showing a possibility for early week long.  This can easily turn into a bounce and play short since we are on the VTN Foresight oscillator neutral.

I am going to try and get another good night rest.  For me I want to see the lower time-frame Bollinger bands come to a new synchronized pinch.  Notice how the 4 Hour Bollinger is pinching, this needs to complete before the next move will occur.

The Major technical to come into dominance hopefully by the end of the week will be the VTN Trigger on the Daily chart.  Once this completes the consolidation for the Euro will be complete and we can get back to predictive business for the beginning week[s] of July.
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