Tuesday, August 12, 2008

The Trend is Down So Far

Breaking the 1.9000 will cause a serious problem to the sterling, pending order sell at 1.9000 looks nice with 30 pips SL. Otherwise if the 1.9050-1.9000 support area are guarded well, we should look for a long. Use Stoch533 on M15 TF to go long only if the support level are holds. So far the trend is down.

Happy Trending,

             :-)

down down down

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