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Wednesday, September 3, 2008

Interesting article.

sorry for not posting lately.

been rather busy with school work.

erm, actually, i shall not lie to you.

i was just lazy.



interesting article posted in forex factory.

http://www.forexfactory.com/news.php?do=news&id=104122



i also closed a trade based on a new strategy i discovered.

still testing it out.

see if u can spot the tools i used and what triggered me to open the position.



if u can see it, great.
if u don't too bad.
however, if u would like to know what is it exactly,
leave a comment.
the reason i'm not posting it is because i haven't tested it out properly.
i don't wish to introduce a strategy to you and make you lose money.
ok. the truth is, i don wish to be blamed for your loses.

4 comments:

Anonymous said...

Was it a candlestick formation after an ABC correction?

Benedict Chong said...

candlestick formation, yes.
elliot wave, though it was there, i din't take it into consideration. i find elliot wave useless on 15 min chart. it is very seldom that u see a proper elliot wave formation.
try again.

Anonymous said...

O.K. I give up please do tell.

Benedict Chong said...

i'll post it when i'm fully satisfied with it.

Risk Warning!!!

I shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by me that you will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations in an analysis, especially leveraged investments such as foreign exchange trading and investment in derivatives, can be very speculative and may result in losses as well as profits, in particular if the conditions mentioned in the analysis do not occur as anticipated.