Monday, March 9, 2009

03/09/09 Forex Market Comments

GBP/USD: Last Friday formed downside pin bar, if market breakdown Friday low, we have a short swing setup. Around 4:15am, pound broke trend line and Friday low, the downside momentum is decisive. A very nice trending day for pound. Today is a WS7 day and made a new low in 20 trading days (L20).

1 comments:

adawdp said...

Hi!
Computers nearly KILLED
Point & Figure Trading..
But I love P&F!
See my chart.
http://iticsoftware.com/postimages/2009-Jun-19/1440dxy090619.jpg
http://iticsoftware.com/postimages/2009-Jun-19/eurusd240.JPG

Post a Comment