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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Monday, July 26, 2010
SELL EXPECTED - GBPJPY
Sell pressure from my daily timeframe of the GBPJPY and i can see a negative divergence in this 30min timeframe also. A sell may be a quality trade from 134.460 for a 40-50 pips and stoploss around 135.60
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