January 23, 2010
Text book British Pound trade example
Hello Everyone,
This past week had a handful of great opportunites off of my forex market reversal levels. I am going to go over a video that shows a text book setup off of a 15 minute GBP/USD chart. It was good for around 200 pips if you road all the way from one level to another.
VIDEO OF THE WEEK:
To watch video highlights of trades from last week, simply click here:
Please note that the video could take a few minutes to play depending on you internet conection speed. If you are still having trouble please go to www.adobe.com and install the latest vesrion of their "Flash Player".
Until next week, peace and prosperity,
Jeff Wilde
Looking for a no-nonsense strategy that doesn't take years to master and that actually works as promised?
If you don't already own this one, then I would highly reccommend that you check it out as I have had many unsolicited thank you letters for mentioning this program. It is a must have in every traders "Bag Of Tricks", Anyway… To read more click here…
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Key Market Reversal Levels for |
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GBP/USD |
EUR/USD |
USD/JPY |
GBP/JPY |
EUR/JPY |
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| Turning Point Down #3 | 1.6653 | 1.4623 | 93.77 | 151.67 | 132.50 |
| Turning Point Down #2 | 1.6457 | 1.4454 | 92.37 | 149.20 | 130.70 |
| Turning Point Down #1 | 1.6283 | 1.4259 | 91.19 | 147.18 | 128.64 |
| Turning Point Up #1 | 1.6000 | 1.3992 | 89.29 | 143.63 | 125.41 |
| Turning Point Up #2 | 1.5753 | 1.3809 | 87.93 | 141.07 | 121.90 |
| Turning Point Up #3 | 1.5502 | 1.3587 | 86.71 | 139.15 | 119.34 |
| Intermediate Trend Direction |
Up | Down | Up | Up | Down |
| Major Trend Direction | Up | Up | Down | Down | Down |
| Comments | |||||
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***VERY IMPORTANT: If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it. This will also explain what the abbreviations I use mean. To get all the details click this link: Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE: |
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Filed under Blog by Jeffrey Wilde
Comments on Text book British Pound trade example »
Hi Jeff-I'm an American and I'm actually physically sickened with this proposal about lowering leverage to 10:1. Do you have any suggestions for brokers outside of the US? A lot of Americans are looking for this info now. Thanks for everything….Susan~