Monday August 30, 2004 - 05:29:21 GMT
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I-Knowindices - i-knowindices.com
EURO and GBP are expected to make lower level consolidation for 2 days before the reverse move to firm up...
the next trend reversal phase is expected to commence from 02 Sep.......
avoid bullish or bearish feel in any pair - they are tradable......
operators are expected to make lower level swings in other majors for 2 days in the week beginning......hence wait for the full drop and initiate taking long positions to sell towards week end.....if you are interested in small swing trades then sell during quick stop hunt moves near high set for the day and cover during drops...... or wait to do buy and sell position trading......
Understanding the operators intention alone can make us to win in this game of forex trading....... the forecast gives the signals much in advance for you to understand the operators intention....
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