Hourly Forex Trading Strategy for GBP, Sep 9th, 2010 22gmt Videos

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Agregado: Sep 9, 2010

De: marketvisiontv

Duracion: 1:0

There is an outside chance the dip to 1.5295 was a B wave low and the rally to 1.5530 completed the C wave exhaustive rally. Howver, in that the initial decline to 1.5375 appears a 3 wave drop the odds favor the test of the 1.5295 low over the next couple of sessions will hold for more1.5295 to 1.5530 range trade. While the s/t risk remains lower, as the 1.5295 base holds we would expect more range trade and a new attempt at 1.5530 and possibly even 1.5650 before the downside correction to the eventual 1.5125 target resumes in earnest.

Channel: Education

Tags: forex trading strategy  free forex video  forex signals  forex charting video 


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There is an outside chance the dip to 1.5295 was a B wave low and the rally to 1.5530 completed the C wave exhaustive rally. Howver, in that the initial decline to 1.5375 appears a 3 wave drop the odds favor the test of the 1.5295 low over the next couple of sessions will hold for more1.5295 to 1.5530 range trade. While the s/t risk remains lower, as the 1.5295 base holds we would expect more range trade and a new attempt at 1.5530 and possibly even 1.5650 before the downside correction to the eventual 1.5125 target resumes in earnest.

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