Practical Exercise 2

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  • November 16, 2015 at 9:34 am #1833
    Michael Triggs
    Participant

    After drawing in the MOR’s for the EURUSD & GBPUSD for Nov it becomes clear that the bias has been on the seller side for both markets.

    Examples of strong sell signals can be seen for the EURUSD on 3/11 @ 9.00, 4/11 @ 13.00 and 10/11 @11.00. There were weak sell signals on 9/11 @ 2.00, 10/11 @ 18.00 and 12/11 @ 14.00.

    On the GBPUSD strong sell signals on 3/11 @9.00, 4/11 @ 13.00 and 5/11 @ 12.00. There were weak sell signals on 3/11 @ 16.00, 9/11 @ 11.00 and 11/11 @13.00/

    November 16, 2015 at 10:00 am #1843
    Rich FittonRich Fitton
    Keymaster

    Hi Michael,

    Can you try posting your charts again and I’ll take a look with you.

    (Use the ‘choose file’ button below the typing box to select a screenshot you’ve saved)

    All the best,
    Rich

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