Wednesday 20 October 2010

EurGbp- reaction line trade










This is how they should work- Double tops formation Plus a great RL and a trade with a nice tight stop of 5 pts and a perfect reaction downwards (plus a bit of help from UK government and it's current fiscal policy re todays spending review).
PS: look at the grid in the 15 min EurGbp chart---The WL's are just as valuable as the RL's.
and below a couple really superb RL's on EurUsd(auto RL Metatrader Indicator available as MQ4 file pls
ask)

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