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quinta-feira, 8 de maio de 2008

Forex

Has the GBP/USD found a base now?
I went long today in GBP/USD and found a really good trade. When the market has finally found a potential bottom (note the corrections above 1.9330) risk is offset to trade long when there is a pattern such as the monthly and weekly double bottom that has formed.
This could be the turnaround many traders have been waiting for now the January blues have worn off.

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