Metal procurement & cutting edge technical linear studies utilising reaction lines to provide high probability trade setups and create charts that reveal true organic support and resistance.
Monday, 2 August 2010
€£-
Long EurGbp at .8258 with a 5 pt stop. Reasons? 1. Long term RL support (dark red) 2. Daily support Pivot level 2 3. Bottom pattern after over extended sell-off. 4.Macd reg divergence. 5. Stochastic(multiple) divergence
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