Dukascopy. Swiss ECN forex company offers best spreads, marketplace and highest liquidity for on-line forex trading.

Thursday, October 22, 2009

avoid from nightmare.

This quater make me remember about last year. I dont want to speculate anything about this end of year but what we can see in higher timeframe (weekly) the trend doesnt stick at their own way.


In technical analysis most of us still expect this is only retracement in wave 4 but how good the accuration according to our technical analysis. Is it a new engagement will come. So what is your mind set now ? bullish or bearish ?.

trader in bullish site always waiting a good oppurtinity for Buy / Long.
trader in bearish site always waiting a good time for Selling / short.

So what site you are ?

Important to us determine the current trend. Are sure there is no trend in Correction mode ? then what happen to smaller timeframe. the trend is there.. only what mind set u programe in your mind.

Here i wanna share some Technical analysis from my opinion about GBPUSD.


the formula is buying > selling. ( buying is greater then selling.) for this moment. so you should know what mind set for trading u should programme in ur mind.

No comments: