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Photons Flux Blogs

GBP/JPY Forex Analysis.

Monday, 25 February 2008

Closed my Longs at 212.3. Signs of reversal are increasing. But still believe the up trend is not over yet. As mentioned earlier, the retrace will be good to load more skyrockets.

The QQE 15min, 30min and 60min were in the overbought area, which sould be followed by a reversal.
Posted by photon at 15:20
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Recommended Forex Books

  • Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
  • Technical Analysis: The Complete Resource for Financial Market Technicians
  • Schwager on Futures: Technical Analysis

Blog Archive

  • ▼  2008 (12)
    • ►  March (3)
    • ▼  February (9)
      • "Markam" is a respected fundamental analyst in For...
      • we set now at Fib 61.8%, and 4H QQE is at the 50 l...
      • Wednesday, 27 February 2008
      • Good morning (or may be...)It seems that 213 is a ...
      • No real chance yet for today, still waiting the re...
      • Tuesday, 26 February 2008
      • Closed my Longs at 212.3. Signs of reversal are in...
      • Feb 25, 2008
      • Mon the 24th of Feb, 2008