Hope you all had a great weekend.

And, now we’re back to the Euro to continue our study of intraday markets and the Euro in particular this evening.

After opening and going upward in price, I stepped back like I described last week to wait for opportunities to arise to go short this market.

You’d think by the way prices went upward after the rate hike on Friday that the European financial crisis was over.

That’s not the way I’m prepared to bet however.

I think this is a Euro fake-out trade designed to trap traders on the wrong side of an upcoming move.

Only an opinion, but, backed up a little by trend change detected at the 15-minute and 30-minute level.

I see and (more importantly) Excalibur (the trading approach we use to evaluate markets) sees another moment of potential weakness just starting.

Here's the 30 minute view as of the posting

The rest of this trade set-up description is just below but for Members only to view as this is not a public advisory service. You can become a member at no cost right now and read the rest of this post without delay.

[If you wonder what members are seeing that you aren't, just click on the 'Golden Ticket' over on the  right margin and Join right now.

There's no obligation and it's completely FREE.

That's right, FREE.]

Member Only access begins here:

What follows is for MONEY TIGER GROUP MEMBERS EYES ONLY: [Content protected for members only]One of the problems with writing this blog and posting it after working on the charts manually is that I’m a bit behind on the actual trading movement, but, I think it’s important to give you some working examples of how this market could be approached using our method of analysis.

It’s a built-in delay so, by the time this is posted, things may have progressed or been stopped out.

The risk is worth the potential in my opinion on this one, so, let’s see how it progresses throughout the next hours.]

I’ll post again later. – George

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Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis

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