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Posts by forex_trader_172269
sPhantom Auto Trader
in
Trading Systems
Jan 17, 2014 at 08:12
It would be nice if sPhantom would share some insight about the recent trade. I'm fairly new to forex and trade myself only on demo account. Thats why I use sPhantom while learning and been very happy with my decision. Few things I've noticed today while looking at the charts (see attached):Market tested 38.2% Fibbonaci resistance level which held and later on formed a bearish hammer. From my personal knowledge this candle stick signals to short your positions. Next candle stick moved rapidly towards resistance and once hit a trade was opened. Most of the time rapid movement signals a...
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