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, August 5, 2010
GBPUSD - MAY BUY
15min MACD positive divergence and a break above my UPPER range Line with the 4hr BUY PRessure I will prefer a buy. So a low risk BUY at 1.5921 for 60pips and a 50pips SL will do.
THE STOPLOSS SHOULD BE 1.5853
ReplyDeleteJAMES