Thursday, October 15, 2009

GBP/USD Pair @ 06.00 am (Malaysia)

Salam ....

As aspected yesterday CS met the buy area and manage to met my T2 at 1.6000 but fail to meet my T3 at 1.6060 and stop at 1.6023. After that CS retrace but fail to test 1.5900 and rebound to test again 1.6020.

At this moment CS is testing 1.6000 area and if fail CS may drop deeper at 1.5900 area. If fail CS should rebound back to test 1.6023 (UTL) again or up further. Please be alert on all reverse signal at M15 and H1. Be more discipline today and dont forget the BASIC.

If this happen what is my predictions for today.

Trading Range is between 1.5800 to 1.6200 area.

1. BUY Area : 1.5995


T1 : 1.6050.


T2 : 1.6127


2. SELL Area : 1.5955


T1 : 1.5900


T2 : 1.5853


T3 : 1.5800


Allah Hu

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