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Old 06-23-2007, 03:38 PM
leveragefx leveragefx is offline
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Join Date: Feb 2007
Posts: 60
In this Perfect Example of the power of our Trend Explosion system we have a VERY WEAK CHF on all time frames. We short 1.2400 and upper keltner channel and the market falls 10 pips. It double tops there and can't break through 1.2400 and then falls 60 pips! It then breaks the previous weeks low at 1.2350 and rallies back to our yellow balance point line (where most traders have positions over the last 3 hours). Any trader who tried to buy the CHF got KILLED so its a very high probability trade to short there and the market collapses another 55 pips.

The trend is SUPER weak so we would never recommend trying to buy a currency this weak but there were signs that it was losing weakness with the divergence on bottom 60 min Multimap. Some of our traders actually bought around 1.2300 and caught that 40 pip up move. The market stalled at 1.2340 and then fell back down 50 more pips which doesn't show on this chart.

The POWER of trading WITH the trend!

3 Trades - 3 Wins - 100% - 125 Pips Max Profit



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Last edited by leveragefx : 06-30-2007 at 07:19 PM.
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