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, August 5, 2010
GBP/USD - LOW RISK BUY
GBPUSD Broke my upper RANGE line and i can see a positive divergence on my 15min MACD, so I want to consider a low risk BUY from 1.5921 till 1.5971 stop loss at the lower range. My Chart Below:
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