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I have written my conditions for going long in the GBP based on the formation of a low at 1.9958 as earlier pointed out and can be seen clearly from the spike on the near-Doji candle on the 4 hourly charts end of last week.
The post regarding this idea can be found at http://fast-track-forex.blogspot.com
A break below this level means I would be looking for a low to form somewhere below that. I will not be going short during the Asian session because I have already shorted today at the top of a 100 point move and do not want to get in at the bottom of it if that is where we are having so elegantly got in at the top.
I am using the following forex forum websites at the present moment:
http://www.forexfactory.com
http://www.forexvibes.com
I am also frequenting several blogs some of which can probably be found in the partners resources section of this blog on the bottom right.
That’s all the news for now.
Sam
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