Wednesday, July 1, 2009

GBP/USD Pair @ 05.30 am (Malaysia)

Salam and hi.....

Trading Range is between 1.6178 to 1.6750 area.


1. SELL Area : 1.6521

a. T1: 1.6450

b. T2: 1.6361

c. T3: 1.6250


If fail to drop deeper CS may rebound at 1.6500 area. Also as long as 1.6187 hold CS may rebound back to test 1.6742.


2. BUY Area : 1.6561

a. T1 : 1.6650

b. T2 : 1.6700

c. T3 : 1.6750

Yesterday CS met my first and second target and nearly meet my third target at 1.6750 and stop at 1.6742 - different of only 8 pips. Congratulations who got it. Then CS drop to 1.6522 and drop deeper and stop at 1.6423 - met my first target.

At this moment CS is testing 100 scale of Fibonachi Retracement. On H4 chart there already a reverse signal of doji CS. Looks like anytime CS may reverse to test 61.80 of Fibonachi. On H1 all indicator is OB and looks like CS may spike anytime now.

Let see what will happen today. Be more discipline trader and please don't forget the basic before you enter your positions. Until then be happy alway's.

Allah Hu.

ps: hi Dr Harveen when are you going back to Malaysia. Mokzani miss you a lot and I've already sold your car hehehehehe... good price you know. Hope everything is ok in Bangalore and please send my regards to your family and beautifull wife.

2 comments:

Anonymous said...

boleh tunjuk tak performance signal2 yang u beri.. berapa yg hit, brapa lost...
tq

Unknown said...

Crude Oil Momentum to Rise Further

Crude Oil rose above $70 a barrel after an industry report showed the biggest decline in crude inventories since September in the U.S., the world's largest user of the fuel. Also today, the Energy Information Administration (EIA) report will probably give a better direction to the market. A U.S. Energy Department report today will likely show Crude Oil stockpiles declined 2 million barrels, according to economists' estimations. A fall in crude inventories may cause the commodities market to move higher, and will reinforce Crude to stay at or go above current levels. Oil prices yesterday spiked above $73 a barrel, which stood as the June high for more than 2 weeks, as the Dollar declined and escalating militant attacks in Nigeria raised concern that supplies may be disrupted. Crude Oil is set to extend gains amid this week's volatility and may reach the $76 a barrel level.

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