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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Wednesday, July 28, 2010
EURUSD - UPTREND PREVAILED
I am in a long EURUSD, based on 30min divergence when 4hrs and Daily BUY Pressure is up. Buy good at 1.29986 for a 50-100pips Stoploss should not be more than 50pips. Charts below:
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