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www.trading-strategies.info A short Foroex video showing when to stay out of the market and wait until trading conditions are more favourable to trade with.

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www.trading-strategies.info Today’s video shows the scenarios that I’m anticipating for Mondays trading prior to the session. Thinking about several scenario’s that could develop so that I’m prepared to take action. Updating those scenario’s Monday morning will aid me to see which of those scenarios is most likely to refine my days trading plan Buy the dips and breaks of resistance in an up trend Sell the rallies and breads of support in a down trend Have fun trading Phil

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After yesterday’s break on the GBP/USD of the Daily chart channel top, and subsequent hit of the Daily 200 ema, we were poised for possible short trade setups after a 15m lower high developed. We were anticipating a retest of the Daily 5ema zone, channel top retest, as well as the 4hr 21ema, and 38.2 Fibonacci pullback, before any possible larger rise. As technical as we were set up to be, we were slapped with some surprise Fundamental news, when S&P downgraded GBP, citing debt was nearing …

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