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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
The flattening stochastics are on the DAILY GBPUSD...confirming the negative crossover on the WEEKLY chart.
When I posted the chart this afternoon in the Premium "Intermarket Insight", the DAILY stochastic was NOT flat but turning UPWARDS. Yet, I still warned that could later turn lower if it failed to take out the right shoulder.
The question is: WHICH stochastic configuration did i use? click on today's Premium piece titled :
"Euro Breaks Below Key MA, GBP Fake out"
http://www.ashraflaidi.com/products/sub01/access/?a=423
Ashraf