TheLFB-Forex.com A Forex Trader PortalTheLFB-Forex.com A Forex Trader Portal
The Trader Advantage: Cable Snapping Lower- A Technician's Perspective
Excerpts taken from The Trader Advantage Program
Overall View: Looking for a near-term down-trend continuation
4 Hour Chart Flows: Short. Price Points: 1.4783, and 1.5194 Looking for: Near-term bearish price actionMomentum: The cable trend went Short on 3rd December, and has meandered sideways since then. The pair can be just as easily bought as sold.
Elliott Wave: Cable is trading lower, after the 1.5194 top was established on Monday. The start of an impulsive decline is underway, which should reach new lows over the coming days, while the 1.5194 top holds.
A black sub-wave 2 of a red wave 5) looks to be complete, which should put a Short, powerful wave 3 in play if 1.5015 intra-day resistance can hold.
TheLFB Charting: Gbp/Usd 4 Hour View
Join TheLFB Trade Team For Live Online Forex Training With The Pros!
Timing The Forex Trade- A Former Central Banker Reveals All
Course: Detail and Content
Sign-Up for Sat March 13th or Sun Mar 21st 2010
Earn Full Credit On Your Tuition Fee!Course attendees who sign-up for the Trader Advantage Program (TAP) receive the 3rd month of TheLFB Trader Advantage Program free* Get an advantage and subscribe to TheLFB Trader Advantage Program. Enhance your MT4 platform with LFB data and analysis. Put the training course to work long after the course concludes! Save $197! Ask Us How
Trade Signals and Plans Straight Off The Meta 4 Charts- Get TheLFB Trader Advantage
Provided by TheLFB Trade Team, © 2007-2010 LFB Services, LLC. All rights reserved.