Forex Results Yesterday 21 Nov 2008

Congratulations my friends who met the point on yesterday trading:

Buy area @ 1.4830

Sell Area @ 1.4790

See You Next Week pal.

All The Best to You InsyaAllah.

Allah Hu.

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Forex - Tip For Today @ 1.00 PM (Malaysia)

BUY Area - 1.4830

PIVOT - 1.4814

SELL Area - 1.4790

Good Luck.

Forex @ 01.20 pm (Malaysia)

Tips For Today :

GBP/USD :

SELL Area : 1.5013

BUY Area : 1.5053

PIVOT : 1.5040

Good Luck.

Yesterday Report For GBP:

The Sterling (GBP) had a very interesting day with heavy middle eastern buying early in the day pushing the recovery up to 1.5250 before crashing back to below 1.5000 as US stocks extended their losses into the close. UK data beat expectations with CBI trends at -38 beating -41 expected. Overall the GDP/USD traded with a low of 1.4905 and a high of 1.5248 before closing the day at 1.4960 in the New York session. Looking ahead, October Retails Sales are seen -0.9% in October vs. -0.4% last month.

Forex At 3.30 pm (Malaysia)

Tip For Today:

SELL Area : 1.4961

BUY AREA : 1.5001

PIVOT : 1.4981

Tried to Break First Time PIVOT at 1.4981 and reach 1.4994 at 3.30 pm (Malaysia), then the candle back below PIVOT.

Major Impact is at 5.00 pm (Malaysia), good luck everybody.

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