Wudang Tao


July 31, 2010

An in depth introduction to the future of trading at no cost to you!

Filed under: — Admin @ 12:46 pm

An in depth introduction to the future of trading at no cost to you!

Remember, I talked about watching the market come up, break to the upside and then give a little dipper, before looking for any kind of trend, or breaking to the downside and coming up before making any kind of trendforex trading system . Based on where the market closed today, we have a double top forming here, and so we’re going to need to pay attention to this for counter trend trades and capitalizing on the market breaking to the downside.
And so you’re going to take at least a cautious look at the market, as far as breakouts to the upside.
Having said that, looking for long trades above the resistance here at 6,600forextrading . On the downside, that’s going to be below support, at 6,837.
Remember, on the short trade, you’re really looking at 6,300 as a floor, with possibly a little bit more.

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