Wednesday, January 14, 2009
14 JANUARY 2009 @ 11.30 am (Malaysia) - GBP/USD Pair
SELL Area - 1.4577 (My target is 1.4372 and possiblely further)
BUY Area - 1.4621
Congratulations to all my frens who follow my tips yesterday. I've heard some of you got more 100 pips and some got 200 pips. Get more confident now using what discipline I've told you. Please Trade what you see, be discipline and trade a pair only not to many pair at a time. Be patient and not so confident oldo you made profit everytime you trade. Becarefull of the reversal signal and follow the news especially Oil/Gold price may effect the GBP.
The Market is still Bearish and the initial resistance is at 1.4600 to 1.4700. If this position hold today the price will go deeper at this year low at 1.4350 or down further.
If the price break above 1.4700 area, the short term downtrend already completed and left double bottom at H4 chart. From here the price will possiblely go further up to find 1.4900 area in few days.
Good Luck.
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Salam and hi fxworld, Trading Range is between 1.6187 to 1.6750 1. BUY Area : 1.6541 a. T1: 1.6600 b. T2: 1.6661 c. T3: 1.6750 ...
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Bryan Rich writes: The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. ...
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Salam and hi.... Trading Range is between 1.6100 to 1.6662 1. BUY Area : 1.6349 (TP1: 1.6479 TP2: 1.6515 TP3: 1.6629) If fail CS may d...
3 comments:
Current price = 1.4593
Market bullish now. My predict if break pivot 1.4600 it will go up first target 1.4665.
If market still hold under Pivot 1.4600, it will going down target fibo 100% = 1.4468 the lowest price yesterday.
Ok guys,
Good luck
Current price 1.4584
Pivot 1.4598
My prediction
Sell Area 1.4641 1st to 1.4470 next 1.4382
Buy Area 1.4559 target S1 1.4351 next 1.4251
Market will still bullish at this moment since it still open above blue line but unable to penetrate pivot yet after H1 4 attempt.
Other condition, fail to penetrate Pivot it will bearish to try lowest target 1.3695
Happy trading & G.Luck
May profit be yours
current price = 1.4667
My target price was break 1.4665..Next target R1 = 1.4732..but becareful reverse market..
Good luck
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