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.
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Please enjoy.
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Thursday, March 25, 2010
EURUSD, GBPUSD - Market Update
The EURUSD and the GBPUSD made a nice profitable move in a downtrend this week with the minor sma going down the major sma. Clear triggers came from the RSI and at 1.5036 for the GBPUSD and 1.3514 for the EURUSD. The move worth over 100pips Each.
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