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01-08-2008, 06:54 AM
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Member
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Join Date: Nov 2007
Location: Moldova, Chisinau
Posts: 95
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Hello everybody!
Here is the trade plan
Quote:
GBPSD Orthodox Christmas, but still have to work...
Hello!
Happy Christmas to all of you, who celebrates it on this day. Today is Orthodox Christmas, but of course it is workin day at the Forex.
Today I want to introduce you trading plan from one of my friends from the Academy, Dimitry.
Take a look at the picture first
http://i025.radikal.ru/0801/b8/b01f21a2a8e1.gif
On GBPUSD situation is quite clear.
On the news, that were mush worse than prognosis, GBPUSD had made an impulse wave upwards (it is wave A on H1).
The 1st variant with breakdown 1,9670 – support on the levels
* 1.9642/50 = 50% w1 1.8088-2.1160 + 1.9650 powerful buy limits and Oanda stops
* 1.9625
* 1.9593/1.9600 = buy limits and Oanda stops + 38% of w1 correction
* 1.9551 = 200% А D1.0353-2.1160
It is possible to make wave C today, if to suggest that now we have wave B (don't forget that it may cross wave A minimum).
But Only breakin of 1,9850 will confirm our targets higher.
Put fibo grid on wave A н1 1.9673-1.9850 to watch the main movement.
I want only to add, that bullish correction may be already finished, and right now we are in the 5th subwave.
It is all for now.
Best Regards,
Anthony Schneider.
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Anthony where can I read about the Oanda orders, or can you tell me anything about them?
Thank you!
Good Luck!
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