FOREX Training | FOREX Trading – December 12, 2006

The day started with forex USD dollar strength, confirmed with MACD and Stochastic Divergence. Even Fibonacci pointed down. All we had to do is break the Central Pivot Point. Alas, we didn’t and the thin market really exaggerated the response. A triangle gave us a clue about the “fake out”, but you don’t know until it happens.

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  • By jnevins, February 9, 2010 @ 1:57 am

    Thanks for the instruction in setting your stops and getting right out of the market.

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