Tuesday, March 3, 2009

GBP/USD Pair @ 10.15 am (malaysia


SELL Area - 1.4077 ( First Target : 1.3950 Second Target 1.3850)

BUY Area - 1.4117 ( My target is : 1.4160 Second Target : 1.4287)

Trading Range is between 1.3950 - 1.4383 :

Salam and Hi,

Yesterday candle break 1.4090 and drop until 1.3956 but fail to break my second target at 1.3850. So candle move back up but fail to find Mr. Pivot. So what next for today :

1. SELL Area : Break 1.3950 candle will test 1.3850. If success candle may drop to 1.3700 area within few days.

2. BUY Area : Break 1.4383 candle will test 1.4661 level in couple of days.

Allah Hu.

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