Thursday, January 8, 2009
GBP/USD @ 6.00 am - 08th. January 2009 (Malaysia)
BUY Area - 1.5081 ( My Target is 1.5125 - then if possiblely up to 1.5289)
SELL Area - 1.5031 ( My Target is 1.4925 - then if possiblely down to 1.4822)
MAJOR IMPACT FOR TODAY - Please be aware - chances to get more pips tonight.
1. 08.00 PM (Malaysia) - Interest Rate For BOE/GBP - Increase rate better for GBP.
2. 09.30 PM (MALAYSIA) - Actual smaller from forecast better for USD.
But becarefull because if BOE decrease interest rate, bang-bang you will see GBP/USD charts will drop sharply and maybe will meet the bottom line or year low for the first time.
For me better dont trade at that time. Let it be and trade after the market back to normal and then just follow the trend and indicator. Anyway it up to you man, your money your responsiblity and I just give my opinion.
Congrate for those who got more 300 pips yesterday.
Becarefull again on reversal candle. Let take more pips today.
Allah Hu.
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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...
2 comments:
at 01.30 pm Malaysia -
The market is ranging and already confirm for bearish for m30 charts. The candle is moving inside the M5 bolingger area. If you want to trade just follow the RSI on M5 charts and within the bolinger up and down.
happy Trading 2u.
Prediction for 9 Jan 2009
Buy 1.5229 target 1.5287 next 1.5579
Sell 1.5171 target 1.5004 next 1.4896
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