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.
Tuesday, 27 April 2010
GBP USD
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
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