Wed, Aug 20, 2008
Let’s have a look at the GBP symbol in the Forex today on the 15 minute chart, and see how the Forex Model software delivered yet another winner in the London session (and for those early risers in the New York Market!)
The day started off with a sell signal (divergence and structure resistance were present to back up the signal) and then the software was searching for a breakout trade buy or sell because of market congestion. The market moved south and a cool +160 pips were put in the bank…
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