My first trade for 2011. Let us look at the analysis of the chart first - the signals/positive aspects.
This is where I like to see the 3 little sisters - the second and the third sister just below the 50MA or within the war zone. Great example of the 3 little sisters that are formed in line with Phillip's rules for his system. Just too bad the price went through the war zone and broke the 21MA.
See the comments on the chart
This is where I like to see the 3 little sisters - the second and the third sister just below the 50MA or within the war zone. Great example of the 3 little sisters that are formed in line with Phillip's rules for his system. Just too bad the price went through the war zone and broke the 21MA.
See the comments on the chart
Willem
Forex recipe for success = Patience, discipline & hard work.