Friday 8 June 2012

Week 20120604 Review (No Entry)







No entry for any LONG position this week. The anchor and market trends showed LONG week but I have chosen not to enter as T101 emphasizes on market trend. Overall the past 3-4 weeks are SHORT trending market. For T101 Tallman variant, I have specific rule for weekly market trend. In general, great market movement such as what we have seen in the last week (which I have gained +2800 pips by 14 SELL pairs), I have avoided LONG entry. 

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