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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