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

Friday, May 7, 2010

USD/NOK (+1026, pip value 0.17, actual +171 )


just couple of days after the Norges bank raised it's interest by 0.25% to 2.00% pair moved sharply higher against the high yielder as it is understandable in "risk aversion" mode. Now that risk is receding in intensity it is expected for the pair to move sharply lower, because there is no many people that believe that USD raised in value after Norges bank just raising it's outlook for the future. Stop should be placed well above recent highs and first targets should be placed just above 6.1000
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