Thursday, July 14, 2011

GBP/CAD trading strategy






I feel it is time i shall start writing to educate readers how to trade forex. Anyway, i am not an expert. What i wrote here is merely a suggestion. I am not responsible on profits or losses you made.

Look on the pictures above, you can see that i draw 2 trendlines. The one above is called resistance while the one below is called support.

I saw the price is near the edge of resistance line

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