Monday, September 14, 2009

No surprises there...


Just waiting for a develop wave three, by now is in progress... for me anyway.

I attached a DMA. One mechanical trading method says that a order signal could be trigger at the crossover. Should I wait or enter already?


The second graph is 1H gbpusd chart. Just for a glimpse about how technical analysis works in any timeframe. The fibonacci level 1.618 and 2.618 reached... coincidence?
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