Friday, March 13, 2009

GBP/USD Pair @ 08.15 am (Malaysia)


Trading range is between 1.3645 to 1.4305:

BUY Area - 1.3887 (My target is 1.3985. Next target is 1.4090)

SELL Area - 1.3845 (MY target is 1.3780. Next target is 1.3645)

Salam and Hi.....

Yesterday both my Sell and Buy area met. Sell area fail to meet my first target at 1.3653, stop at 1.3698 and rebound to find Mr. Pivot again. My BUY area at 1.3827 met and also met my first target at 1.3955 and stop at 1.3982. After that the price drop back and stop at 1.3908.

So what Next for today :

Looks at H4 chart - there already performed Abandoned Baby pattern. No doubt candle will drop to find Mr. Pivot.

RSI7 is going down so do ATR is already down. Its Bearish at this moment 08.45 am Malaysia. Candle is already back in from outside UL BB.

Good Luck.

ALLAH HU... ALLAH HU... ALLAH HU

TIP from me at 03.10 pm (Malaysia):

salam.... doa umat Islam pada hari jumaat di makbulkan Allah - insyaAllah. Kalau tak pecah 1.4090 petang ini candle akan test 1.3645 hari ini - insyaAllah malam. Kalau gagal test di bawah dia rebound balik cari Mr. Pivot.

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