FOREX Trading Review Video 06 JUL 09 GBP/USD 4H Bearish Belt Holding Engulfing

Posted by - 15/07/09 at 06:07 am

GBP/USD short trade based on the 4 hour closing of strong belt holding engulfing candle: – Very Strong 4H close below previous support at the 1.6220 zone. – Large bearish engulfing candle which shows strong momtenum to the downside. – 4H arrgessive close outside of the large box range / consolidation period we have been in for just over a month. – 1D placed a bearish engulfing pattern off the new highs. – 1H showing a lower high and lower low, with good angle and seperation of the 8 / 21 …

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FOREX Trading Review Video 06 JUL 09 GBP/USD 4H Bearish Belt Holding Engulfing

This entry was posted on Wednesday, July 15th, 2009 at 6:23 am and is filed under Currency Trading, Forex Trading, Forex Trading Software, Forex Training. The entry is tagged under , , , , , , , , , . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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