FOREX INFO FOR 10.26.2009

Crude Oil 80.22

-0.28 -0.35%

Gold 1053.54

-1.99 -0.19%

CRB Index 280.44

+0.10 +0.03%

US Dollar 75.379

-0.096 -0.12%

With the USD still down, I am looking hard for another trade on the GBPUSD to the downside. It doesn't correlate well with Oil being down, however. I will just use proper trend lines on a 1 hour chart for entry into my 15 min chart. Today's calendar offers no real barriers to trading. On the 1 hr. chart I am watching the 1.6325 area very closely. (click on the chart to enlarge.) If the triangle is broken to the downside, go short.