(Technical
analysis done by Eric Lye in our Forex Trading Blog. The purpose is to
share how we analyze the market and put ourselves on the side of higher
probability of things happening.)
Looks
like it might be a slow start for the week (but I can change my stance
after 45 secs saying this... :-O). Anyway, technical trading is about
collecting information from the charts and decide course of actions. As
far as we could see, price might need some retracement but the flow is
generally still up for the dollar pairs.
 |
| GBPUSD 2010-09-20 |
2 comments:
Looks like market does not want to do any form of correction. There are signs to go long, let's see how things work itself out
Cheers,
Eric
The GBP did move down a little. :)
Dickson
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