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Holygrail

I've been looking for the Holygrail in forex for the rest of my life. Recently I really found it.

"The real holygrail in forex is to understand there is no holygrail."

That's it. The one who are able to understand what's that mean will really find the holygrail.

- BlueDreamFx-


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Friday, April 25, 2008

GBPJPY : Looking for new high ???

8:48 PM GMT +8

H4 : The overall pattern shows Down Trend and the market current state was correction phase and waiting for truly breakout for BEARISH continuation....

However, the system generate 'violet floor' and i'm afraid if the price tend to make new high above 205.50 or above 206.03, before continue BEARISH on major trend. The last ripple unable to broke the 'violet floor' at 204.10. That support level considered strong.

Today i learnt something from series of candlestick pattern (two gray ellipses on the above chart) on how to determine the sideways market. This could be enhancement for BlueDream System.
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Posted by BlueDream at 10:48 AM
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