Monday, January 26, 2009

26 January 2009 @ 11.30 am (Malaysia) - GBP/USD Pair


SELL Area - 1.3707 (my target is 1.3500. Then possiblely may go deeper to 1.3200 area)

BUY Area - 1.3750 (my target is 1.4025 then if break 1.4500 area the market will confirm on bullish trend).

As I've told to you on 24th January 2009 here, the market is still Bearish and as we expected there will be a gap today. The candle still in consolidations mood continues from Friday move and try to break the pivot on the first place.

On H4 Chart candle still below red MA line and the market will still BEARISH this morning Malaysian time. Please be aware on all reversal signal and please confirm all m5 and m30 discipline. Without discipline you are a failure trader and please put stop lost for 60 pips and do mathematical plan on loosing positions.

Allah Hu.

ps --- dont bother about the Gap just confirm your indicator before enter positions.

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