Tuesday 27 October 2009

FOREX Trading Review Video 23 OCT 09 GBP/USD (+ 215 pips)

Lack of momentum to the upside with key candle patterns showing a reversal was due

Reasons for Trade:
- Small 4H spinners
- High risk / reward trade to take on
- Daily showing strong resistance around price action area.
- 1st wave to the down direction

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