Forex Trading Strategy for GBPUSD Aug 20th, 2010
Arriving at an accurate short term forecast for Cable revolves around having a clear understanding of the decline from 1.5995 to the initial 1.5500 double bottom. In that there was no 4th wave overlap in the correction from the initial 1.5535 low with the rally back to 1.5700 we have to assume the first decline to 1.5500 ended a 5 wave trend
Saturday, August 21, 2010
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