My earlier analysis was correct and has held true. It was just a temporary spike in prices that stopped me out.
Yesterday I placed three additional short trades on GBP/USD and today I am now up net of 600+ pips making up for my losses.
Watch the video that shows the simple technical analysis that demonstrates how this has been achieved using Fibonacci, Candlestick Patterns, Support and resistance.
Best of all this was done in just 7 trades this month !! That's about 1.25 trades a week. I do not overtrade and still one can make decent profits.
Wednesday, February 25, 2009
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