Thursday, May 28, 2009

Forex Trade Result (28 May 2009)

Trading at support and resistance level is as difficult as ever because the expectation of the market moving towards overbought oversold position is always around to haunt your psychological stability. By following the indicators signals such slow stochastic, macd, and the bollinger bands in short-term trades all you need is none other than a little bit of luck on your side to earn the green pips.

Anyway below is the trade result tested on support resistance level.

forex trade resultJust a short recap from all the previous analysis as long as the month of May not yet ended the bullish sentiments for GBP-USD, EUR-USD, AUD-USD, GBP-JPY is still steaming high. So 4 hourly time frame support is believe to be strong.

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