By mike on April 8, 2010
GBPUSD has been trading inside a triangle for 3days. we are seeing bearish BAT at 1.5260
stop shd be at 1.5290
target at 1.5050
stop shd be moved to break even when price hit 1.5210
PLEASE CONFIRM ENTRY WITH BEARISH CANDLE STICK FORMATION

Posted in Pending Trades
My name is Fowope A. Mike, a mathematician and teacher, who has worked in one of the leading banks in Nigeria for 8 years. I started trading the Forex two and half years ago. I am a chartist, who vehemently believes in 'Trading what you see on the chart'. My trading concept is looking for convergences at important levels. I employ harmonic patterns, multi time frame analysis, trendlines and fibonacci retracements as my trading tools. I am a contributing editor for currency market column of stock watch magazine in Nigeria.