Senin, 12 November 2012

A Clear Scalping Path for Today (2012.11.12)

Today we have a clear scalping path in M5. Seems the support line is strong enough for this moment and the white resistance line is almost parallel to its support and also looks like strong enough for me.
If gold can break the red resistance line, I think we will have a little bit more uptrending for scalping.
The width of the path is only around 220 pips. If we deduct the spread about 60 pips, we still have around 150-160 pips
GG - 2012.11.12

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