4/12/2012

GBP/USD

Possible end of correction move up and begin of new trend down:



Price reach possible max of wave (C) - there is another level marked on blue that can be last max if its just correction.


Enter after next sell signal on 15m 1 pips below signal candle.


Sell signal on  GBP/USD. 1.59495 sell stop. SLover the maximum. So it gives 25pips.

Its much bigger SL that i used but i want to follow Miner's rules for few weeks and take only strong signals with last bar + 1pips open. And i will try to stay in position longer. So if its end of correction for me i will try to be here with long term position for 5 waves.

Screen:


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