Friday, 9 October 2009

GBPUSD – manual DP’s


Hi Everybody,

Yesterday I posted a 60min Chart of the GBPUSD, showing a “manual DP” as a profit target for a manual long trade. Well, here we are 24hrs later and that DP (posted “at the time”) nailed the high perfectly........... No hindsight there :-)

So this is what I am trying to show – The manual DP’s work very well on FOREX Charts, so should become part of your daily analysis as well as just the automatic setups.

Thanks

Steve