Wednesday, February 4, 2009
4th February 2009 @ 11.15 am (Malaysia) For GBP/USD Pair
BUY Area - 1.4375 ( my target is 1.4500 area and if break this level will possiblely go further up to 1.4650 area)
SELL Area - 1.4333 (my target is 1.4250 and if break will drop further down to 1.3900 area).
Trading range is between 1.4050 to 1.4500 - if braek this level the candle will move further.
Yesterday both Buy and Sell Area met and Buy area met at my target 1.4050 but fail to break 1.4500 and close at 1.4483. From here the price drop to 1.4300 area at this moment. Look like is still in consolidations mood from the Bullish movement on monday at 1.4050.
So this consolidations look like will continues today to test 1.4600 area. If break 1.4600 area it possiblely in favor to further rise to break 1.4800 area. This resumption movement might happen today. Please dont belive me because if you open Monthly Chart, Inverted Head And Shoulder is still there and everybody is hopping this Chart Pattern movement will happen this month.
But if this not happen and price brake again try to break 1.4050 area or further.
Look at H4 chart - there is double bottom pattern from 1.4050 movement. That why candle go further up Yesterday but fail to test 1.4500 area and drop back to find Mr. Pivot again and will test middle line of BB. If next candle happen to break below middle line today, the candle will drop further down to test 1.4050 area.
Let see this happen today. Happy Trading for more pip and remember the discipline. Congrate who manage to get more 200 pip yesterday. But setting your target is better, because you will get your daily target. Dont hope to get hundreds of pips, because it will make you suffer sooner or later. Think of it.
For Malaysian Only.
Tuan/Puan blog ini adalah untuk kegunaan student-student saya bagi memantapkan lagi pemahaman mereka keatas indicator dan penggunaan indicator yang saya ajarkan kepada mereka. Penggunaan blog ini adalah tertakluk kepada Discipline yang tinggi kepada indicator yang kami gunakan, saya tidak kata predictions saya ini betul atau tidak.
Oleh itu tanpa penggunaan indicator kami, anda dinasihatkan tidak menggunakan predictions saya. INGAT ITU. INGAT ITU. Jadi jika anda menggunakan BUY/SELL area saya dan gagal dalam trading anda, nasiblah sebab predictions ini bukan untuk anda. Hehehehehe... jangan marah.
Yang memberi komen itu di forum-forum, saya ucapkan terima kasih. Ada kawan dan ada lawan dan saya memang perlukan feed back sebegini bagi menilai pemahaman saya keatas pengetahuan saya selama 3 tahun dibidang Forex. Sebahagian dari anda saya kenal termasuk yang sedang tersangat promote Instaforex IB tu, hehehehe. Saya ikhlas beri kelas terbaik kepada orang Melayu di Malaysia. Kalau anak murid anda sendiri cari saya, kan bagus mereka boleh mendapat lebih pengetahuan dan pandai trade. Ini akan menguntungkan anda juga sebagai IB instaforex. Tak gitu.
AKU HIDUP, AKU TERBAIK, AKU PASTI BERJAYA.
THINK POSITIVE, BE POSITIVE, SET YOUR GOAL.
GOAL REMAIN, METHODE CHANGE. I'LL REPEAT THIS - GOAL REMAIN 100% AND METHODE CHANGE.
I HAVE A MILLIONAIRE MIND - I BELIVE IN YOU. I DO. INSYAALLAH.
Allah Hu.
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