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Monday, March 16, 2009

Mar 16/09 Long GBPUSD

Recommended FOREX Trade:
Buy GBPUSD with CTGFutures Nested Trading Systems.
GBPUSD - CTGFutures Nested Trading Systems

In the upper chart (150 Tick) note the system is in Buy or Long mode. We then trade Buy/Long signals only on the 10 Tick chart below. Note that the 10 Tick went long at 1.40250 and was quickly closed out for a 6 PIP loss as the market turned against us. As long as the 150 Tick remains long we will trade the 10 Tick long signals. This position was forecast in CTGFutures Weekly Trade Plan for March 16, 2009. You can download the PDF File for free.

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