Tuesday, July 31, 2012

Looking Down.

We have watched cautiously and have decided to take a dive into the waters of the GBPUSD - going down that is - . After the pair manged a slight cross below 1.5670, it appears we are set for a move to the down side hence have decided to join the ride. We set our stops at 150pips and out take profit at 250pips. Never forget to do so based on what your account size is and your risk appetite.
You may take a leap of faith and follow suite if you choose to but please do not blame us if things go wrong for any reason what so ever. We are only here to help be a guide and not to tell you what to do. You are your own master and no one should tell you how best to make money off the markets.
Take a look at the chart below and make sure you make a sound decisions of your own. Happy trading.
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