29th October -2009 - Chaos outlook for Gbp/usd
You can access the result of yesterda
recommendations from here:
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
You can access same result from here
Previous Day Pips = 36
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Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Before market opens we have reckless and quick pushing up of price.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, hits back below -100% levels and price moved back to areas around 1.6338/ or 6363
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.6338
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64648.
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
Have a nice day, you won't hear from me till late afternoon, it is time to trade
You can access the result of yesterda
recommendations from here:
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
You can access same result from here
Previous Day Pips = 36
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Before market opens we have reckless and quick pushing up of price.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, hits back below -100% levels and price moved back to areas around 1.6338/ or 6363
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.6338
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64648.
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
Have a nice day, you won't hear from me till late afternoon, it is time to trade
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