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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 8, 2008

GBPJPY : Retracement Phase

10:26 am gmt +8

The candles condition from H4 to M5 indicates sideways market between 212.47 and 211.87.
This could be retracement phase for BEARISH.

And moreover, the RSI, Stoch and MACD in H4 indicates BEARISH. I guess it's not suggested to enter LONG position... just wait for best entry to SHORT
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Posted by BlueDream at 10:25 AM
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