Wednesday, February 25, 2009

GBP/USD Pair @ 11.20 am (Malaysia)

BUY Area - 1.4501 (my target is 1.4661. Then 1.4750 Area)

SELL Area - 1.4471 (my target is 1.4250. Then 1.4090 Area)

Trading Range is Between 1.4250 to 1.4661.

1. Breaking 1.4250 candle will test 1.4050 and if success candle will drop to 1.3850 area. If fail candle will find back Mr. Pivot at 1.4491.

2. Breaking 1.4661 candle will test 1.4985. If fail candle will find Mr. Pivot again at 1.4991.

Becarefull today on all reversal candle pattern like Mr. Doji and Abandoned baby or Harami. Any big reversal signal candle will drop sharply and please be more discipline.

Until then good luck and be healthy.

Salam ....

Allah Hu.

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