Friday, August 13, 2010

H4 is the key 4 day traders


This is what I discussed earlier about H4 and its advanced notice. After the last signal it gave, it is currently preparing to give another signal. If you missed the last signal for your short term trade, wait for another signal from M15. Furthermore, look at where price is currently sitting on D1 - a crucial point! This is where I am currently watching for the medium term/long term. Will it hold or will it break? Only time will tell.

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