![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhO9a7XDuSPNm-PCo7B94IZCuKaJuSTsuswzZLH1hC8og9UIWR7M8IlXEVy0s6AJdaKE8yTrNtRWmDAxiXjhFq9uC8hDR6XQhvrV4yj_VLAc9Pt_6p-RfAcUcNN9D-Vr-upJge_hCfuPE7e/s320/eurusd+31+jan+2012+4.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhNQhTSL4C5TexrPdlVlHuRzbIH2vJqE87hr10YYCAfJeiPx5JAP5xcp2tC7P3sBSiMxk6xvNsGPbIJhO919PAXRFA25ZbQNBQqB6ZLS28e3CHA0sw5i2jYXgxkmJcoo4R4FIyFC2BiyRl-/s320/eurusd+31+jan+20125.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj36rjdcOqw2jRk00N_jYghsxLABkNaQGcYhdckZOKlrk6OEW5L4ILKHB9jHc725lUrbY5VNayzus5_JLJ6sRKMR_pEQIuKdndG0uGXQZAfHOOzGEXC-MXGP1Ocgphdo9ru4q8b7QUWYv4j/s400/eurusd+31+jan+2012+2.gif)
This is about as good as it gets and although there was no planned trade set-up here to share with you, I hope it illustrates the power of historical PF's/ML's and more importantly their reaction lines- a study of which has lead to the development of a encouragingly profitable system.
Price may well rally to gain enough energy to pass down through the line- so watch for an exhausted uptrend- or fundemantal news to take us lower.
No comments:
Post a Comment