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.
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Thursday, March 18, 2010
GBPUSD - I BELIEVE A DOWNTURN
Good morning today, I believe the GBPUSD may go down with this close below my SMAs - MACD in good position in support of this so lets shoot from 1.5276 for 40pips. Resistant area at 1.5392 a good stoploss. Let's watch!
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