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, August 10, 2010
GBP/JPY - OVERNITE SETUP
This trade managed from yesterday till date. I noticed a negative divergence on my MACD and RSI with a sell pressure from 4hr. It was a nice dip.
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