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 5, 2009

Trade Results - May 06, 2009

Trade Results for the day!


Based on candlestick counting methods, there is high possibility that GBP-USD will formed a white candlestick in the month until the end month of May. This is will give us an advantage to foresee the future movement of Pound-Dollar pair that the entire month of may is going up and up. Any minors and major retracement will only add to the fuel for the pair to go up. We will see this in the end of May.

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