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Mr Phil Newton or on LinkedIn Phil Newton trader

FurQuad | 15 March '10 | Standard TA inerpretation & expectation of movement

Phil Newton's picture

Hi Folks,

Something a little bit different for us this morning. One thing that we focused on a last last week was a standard TA interpretation to figure out an expectation of movement for deployment of the FurQuad Strategy.

This Video Focuses on GBPUSD and as I type this price starting to move down to second target zone and expected move of the 1.5050 level. If we see price get there we could well see price stall for a short while. After that its a case of will it or wont it continue. if not then a reaction back to 1.52 could be anticipated



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