Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Tuesday, May 26, 2009

GBP-USD Trade Results (26 May 2009)

Trade results for Pound-Dollar pair as of today and yesterday trade observation. Taking some chances from the minor correction. It is currently moving at the support resistance level on hourly time frame. I expected the market to make correction further to 1.5743 but it did not happen today. So this is what we got for today's scalping trade

GBP-USD trade resultsGBP-USD Technical Analysis (19 May 2009) - READ | GBP-USD Technical Analysis (6 May 2009) - READ

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