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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, August 1, 2008

GBPJPY : My price action analysis




10:30AM GMT +8

H4 : Area 213.24 - 213.39 considered strong support
H1 - M15 : Price possibly up if bull candle could break 213.78
M5 : The market most likely sideways for a while. After bull broke 213.66 the market went up for only 12 pips... but then price went back to the sideways area 213.39-213.66

Preference :
RSI signal BEARISH
Waiting price to pass through support level.
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Posted by BlueDream at 10:26 AM
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