Forex Calls Recap for 8/29/12

Another dull session. See EURUSD for trigger results below.

Here’s a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.

EURUSD:

You know you have the right triggers when the market basically addresses both of them overnight. At A on the chart, we went 2 pips under the trigger line, which would have been your first of three entries using our order staggering method, and that was it. That stopped (so a third of half size). Meanwhile, in the morning we triggered short at B, never hit the target or stop, and I closed at C as the 13 Seeker buy signal was forming:

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