BUY Area - 1.4411 ( my target 1.4500 after that possiblely up to 1.4600 area)
SELL Area - 1.4375 (my target 1.4250 - break this level will drop to test support at 1.4187.)
If you read my last predictions on saturday January 1st (blog date Friday 30th January 2009) you should follow my tips and gain at least 100 pips today. All my 4 sell positions on Bearish that I located on Friday close this morning. Because I have to belive my indicator to gain profit. So the moral of this predictions is Trade On What You See, not on what you Think. Be a discipline trader and join small trader group to discuss each other.
What next today. I will put it in a while and please wait. Until then read my latest predictions on friday/saturday.
Remember this the market is still on Consolidations on Bullish mood, continues from Friday move.
Allah Hu.
H4 CHART AT 12.50 PM (MALAYSIA):
Look at the H4 chart - the candle is between MA white line and MA Aqua line. The candle 4 hours before perform inverted hammer and try to reach middle line of Band. It should try to break the middle line. But if the candle penetrate the middle line and open below middle band, the market should be Bearish. But if it fail the candle will go further up to meet 1.4500 area.
RSI 14 is flat and so do Marker switcher. ATR is going down, look is very strong to support the candle. Anyway the market is ranging righ now and better look and see or doing others thing... better dont go in the market right now.
For me it is not confirm yet and the market is still in Bullish mood continues from last week consolidations move. Try to be more discipline today and confirm all the indi.
InsyaAllah.
ps - This is for Educations Purpose Only for me and to all my friends. I'm not responsible on all my preditions and if you choose to follow me it up to you. Your money is your responsible not me. All the relevan indicator I've used from my experienced trading in 3 years and on all my forex courses that I've attended. Few people enquiry that I used thier Indicator for my forex clases. It up to you to think it man, I've paid all the relevan fees and the knowledge is mine after I attended your courses. Most of them are from my reading sources that I've got it from the Internet. Allah Hu.
