Here is the current morning position with GBPUSD...A possible short on the aqua blue UMLP looks good in the 240min and the daily and the sliding parallel 1 works a treat but what about the mess in the 1hr with price way over the line. ...not so clear now is it? Certainly not a high prob trade but worth watching.
The difference with using P2 as per the daily charts
Tuesday, 27 April 2010
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