Tuesday, May 1, 2012

GBP/CHF 4H Update 3

Guess what? No close above the HHR, despite a lot of "threatening".

Like I said in a post at the Google group, the more times price tries to break beyond HHR/LLS levels and fails to do so, the stronger the HHR/LLS areas get. We now have a move down south.

Could this be a second pursuit to the 1.47? highly probable.

Not as neat a trade as I would have liked it to be, but you gotta take what the market gives you...of course within the parameters of your "rules".


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