Just Follow the signal

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Hi Walis,

Very nice statement! Did you get these results with manual trading or with a system?
Thanks...i do it totally by manual..and use all basic indicator including -Moving Average,Parabolic sar,Bolingger Band and the most helping me is Fibonacci...:-) , This combination really works like miracle.....
For GBP/USD -Market a heading to -1.4490-
Nearly target completed....sby for retracement-maybe uptrend started...
Nice interesting to watch.....
On the weekly chart the British currency consolidated, and the inability of the to strengthen above 1.4900 carries risks of further decline.
Yeasterday i read that the Great Britain is taking a beating for its over usage of debt as a tool to fix its economy, causing Moody's and Standard and Poor's to review England's 'AAA' rating. It is expected that at the rate they are going, Britain will have a debt that is 80% of their Gross Domestic Product. BOTH rating companies view debt that exceeds 60% of GDP to be the threshold at which a country can lose their perfect score and while England is not there quite yet, with the commitments they have made, they have placed themselves in a situation that will bring them there.

Looking at the daily FX updates the Pound closed on Friday down nearly 1.5% to the Swiss Franc to 1.6718 and down 2% to the Yen to 142.52.

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