Here is a trade that I took earlier on today based on a few different reasons, but primarily on Market Cycle. Judging from the levels of GBP/JPY at the time of entry and combining with my overall long-term outlook for this pair, and just the general fundamental outlook for the Sterling (GBP) this week, I felt very confident in taking this trade and seeing it to profit in less than 2 hours.
If you have a couple of minutes to spare, make sure you watch the video below as I show you the basics of Market Cycle trading.
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thanks
Hi Henry
Please i like to know what will be the strategy for GBP claimant change for wednesday 14 july 2010 news release
looking forward to hearing from you
Gody
I don’t really trade this release being that Claimant count does not have a reliable track record.
Hello Henry,
Are the blue lines that u place on ur charts in your video pivot points?What about the orange and red lines?
How do you use ‘em?
Thanks.