Tuesday, April 7, 2009

Daily Trade Idea (Day 5)

Trading platform: Meta Trader 4
Trading broker: InstaTrader

Trade Idea:
Short GBP/USD at 1.4690.
Take profits at 1.4570.
Gross pips: 120

Looking at 4H time frame, this pair is making a long bullish trend since last week. This week, moderate downtrend is expected. The result will be known in a few days.

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