Monday, 9 July 2012

An ABC trade based on Elliot waves and Fibo levels and 1 divergence between price and any of the 3 indicators

Went into another buy trade of H4 GBP/USD trade today....although there's also a valid sell signal on Daily NZD/USD, just that divergence is not all that outstanding. For every signal, there's always another conflicting equally good looking signal. But the market is always right as only IT can tell us which signal will come true...


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