Tuesday, May 26, 2009

Fantastic Day of Trading

It was a fantastic day for trading with all the expectations coming true. The price of all pairs moved down during the asian session. Then , as expected, there was a push up to catch people who wanted to go long. Once the longs were trapped, the price moved down again.

Then towards the beginning of the US session, there was a move up again and this was a fake move as was evident with the low volume associated with it. So, the low volume could not sustain the high price any longer and the price fell down again.

Then towards the middle of the US session, there was an up move again, but this time with higher volume which showed that there was something in this move. This is where we stand as i write and it would be interesting to see which way the price moves now.

The signals were given in my service accordingly and those who took all my calls made over 300 pips today. Many had to sleep during the London session but they too made more than 100 pips which made it a very satisfactory day for me and the subscribers.

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