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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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Wednesday, April 23, 2008

GBPJPY : Probabilities Trading Style Vs BlueDream System

9:11 PM GMT +8


The price finally reached 203.34. This level considered strong support.

If i follow the signal generated by BlueDream system...
The price will Up for a while around Low 203.34 and High 208.10.
The price won't able to break the highest peak 208.97.
The price at least must break 203.34 during BEARISH continuation to complete the Down Trend.

But then if i come back to the 'PROBABILITIES TRADING STYLE'.... i will assume that everything is possible where some occurance considered high probable while the other occurance considered low probable.
Area between 208.10 and 208.97 would be BUY zone...
Area between 204.82 and 203.34 would be SELL zone...
Major resistance 208.97 would be the critical point for BULLISH
Support level 203.34 would be confirmation level for BEARISH to find the lowest price.

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