RISK WARNING: FOREX Trading carry a high degree of risk to your capital and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. This notice cannot and does not disclose or explain all of the risks and other significant aspects involved in dealing in such products. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering into and, the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

Friday, July 6, 2007

GBP/USD update



its hard to say that top is in place but we are able to count five wave up from 1.9621 and its telling us that the risk is now shifting to the downside. Favor to the downside, price will rally to the 2.0007 - 1.9930 area in three wave from 2.0200

Trading Idea:
Still wait for wave c
Posted by at