Tuesday, February 10, 2009

GBP/USD Pair @ (Malaysia)


BUY Area - 1.4865 (my target is 1.4985. Can possiblely break 1.5200 area or furthur)

SELL Area - 1.4825 (my target is at 1.4702. After that 1.4350 area)

Salam....

Congratulations to all my student and thanks who send all the predictions. Some of you already confident and gain more 200 pips yesterday. All our target met handsomely make some forex gurus in Malaysia envi for this blog achivement. Keep your good job. I've feel that you already understand how the market move and how to use the relevan indicator. Some of you already expert by using more signal and indicator itself and some of you still trying to find the momentum. It not the 60 pips you've got. but more than that. But remember this - it not hundreds of pips is our target, but what is your target. 60 pips or 100 pips for shure. If the market is going for 300 pips, just take 60 pips and close all positions. That is for shure - there is a lot of thing we can do other's than forex. Get's your target and get your daily income to achive your own goal.

LOOK At The H4 Chart @ 10.15 am (Malaysia Clock):

There are double doji Pattern before and made a good reversal signal and candle try to drop to middle line BB at 1.4702. At this moment candle try to penetrate the middle line of the channel line. If candle fail to break this level, candle will test back yesterday high at 1.4985. If this happen candle will go up furthur to test 1.5200 level or break this year high at 1.5372. Fail to do so, candle may find Mr. Pivot again and may drop furthur to 1.4702.

But if candle break the 1.4702 and open below middle line area, it may drop sharply to 1.4350 area. This consolidations move may continues from yesterday Bullish move. Please be alert on all reversing signal and confirm the indicator and all the discipline of M30/M5 chart. Trade on what you see and not on what you think.

Remember this trading range is still from 1.4050 to 1.5000. If break the 1.5000 the candle will test this year high at 1.5372 area. But fail to break it, candle will drop and find Mr. pivot and test 1.4300 area in few days.

Allah Hu (Ada yang cemburu saya guna ayat ini - dia kata saya salah guna ayat Allah Hu) - terserahlah kepadanya.

at 12.30 pm (Malaysia):

H4 chart already performed bigger flag - see the forex analysis given to you before. If fail to penetrate BB middle band - the candle will rebound to find upper band of BB. If happen it break the candle will drop back to test 1.4702 area or furthur.

Good Luck.

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