2010 profit + 1179, 2011 + 971

2010 January +236, February +22, March +190, April +198, May +607, June +63, July 0, August -50, September +62, October -240, November +114, December 0,


2011 January +388, February - 80, March 0, April -114, May 0, June -15, July +433, August 0, September +260, October +253, December -154


2012 January +365, February 0, March +236, April +203, May 0, June 0, July





TRADING FOREX MARKET

The fact is that pattern exist is evidence of price manipulation, which in turn creates predictability that produces profitability for those who can see the patterns.

Greggory L. Morris

Thursday, March 18, 2010

GBP/USD (-59)


after a good news for GBP (Public Sector Net Borrowing) building up on a yesterday shocker of Claimant Account Change GBP is paving a way to move up from consolidation and recover some of the previous weeks losses. On a technical level trade is supported by Slow Stochastic that are pointing upward and 50 SMA. Stops should be placed bellow recent lows of 1.5251 and profit targets should start at 1.5350 with keeping in mind that this is potentially start of the big move for GBP.
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