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Thursday, March 12, 2009

Mar 12/09 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 1.38055 We will hold this position until the 10 Tick System exits the position. As long as the 150 Tick remains long we will trade the 10 Tick long signals. This position netted 78 PIPS and was forecast in CTGFutures Weekly Trade Plan for March 9, 2009. You can download the PDF File for free.

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