Pinoy is an informal demonym referring to the Filipino people. A pip is the smallest price increment in forex trading – pip stands for percentage in point. This is my pursuit to become a full time Pinoy forex trader. You can read here stories, experiences, profiles and trading strategies of successful Pinoy forex Traders. This blog will help you get those pips, keep it and repeat it over and over again!
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Thursday, December 16, 2010
GBPUSD long trade signal
Daily chart of GBPUSD seems to be trading at the May uptrend line, seems to be a very good position to go long. I've entered long with a little bit of long term bias that it will bounce off this uptrend line.
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