This blog is created to show market analysis based on our Power Trend Strategy. The strategy was designed with intra-day traders and part-time traders in mind. I will do all it takes to make it simple and explicit as possible. PLEASE REVIEW THE FIRST POST (Risk Warning)! Please enjoy. TRADE ALERT HERE: http://bondfx-tradealert.blogspot.com
Tuesday, December 15, 2009
EUR/USD - NICE DIP
Lowers of Peter Bain 15min strategy of trendlines will have a good run today on the EURUSD but with my CCI i was able to spot the DIP. After the trendline break, just wait for the CCI to rally then the crash down. Same setup with GBPUSD today, but the effect was much on the EURUSD.
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