Monday, January 5, 2009

GBPJPY looks like it's ready to rock!

Click on the chart below and you'll notice that GBPJPY has the longer of the two moving averages going through the last bar. This is the ideal time to turn on the AME Cross Trader on this chart.

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It doesn't matter if the price goes up or down. If it goes above both moving averages, eventually the EA will start placing buy orders. If it continues the downtrend and goes below both moving averages, then it will start placing sell orders. Either way, the outcome will likely be some serious profits. This is not 100% guaranteed, but the likelihood is very high.

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