October 8, 2010

EURUSD : Trend is your friend

CLICK THE CHART TO ENLARGE
  • EUR/USD Currency pair has been respecting this trend line drawn in 4 hour chart for quite some time now.
  • It started from 1.26 and the pair crossed 1.40. The trend line is yet to be violated.
  • This shows the effectiveness of a Trend following trading system.
  • USD/JPY VIOLATES THE WEEKLY SUPPORT LINE

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