GBP/USD Pair @ 01.15 pm (Malaysia)

SELL Area - Free Fall Today - please use your relevan indicator that mean High To sell Low To Buy. My target is 1.3500 area.

Initial resistance is at 1.4305. As long 1.3950 not broken candle may drop to 1.3600 area and the major support to test is 1.3500.

That mean today is a Bearish day. Let see this happen and please use all the relevan indicator and be more discipline. Good Luck.

Allah Hu.... Allah Hu... Allah Hu.

GBP/USD Pair @ 11.55 am (Malaysia)

SELL Area - 1.3883 ( My target is 1.3700. Possiblely to test 1.3500 area)

BUY Area - 1.3923 ( My target is 1.4065. After that 1.4305)

Salam and Hi......

Trading Range is between 1.3500 to 1.4305.

1. SELL Area - Break 1.3700 candle will test 1.3600 and if success candle will test 2009 Low at 1.3500. This will happen as long as 1.3950 area not broken.

2. BUY Area - Break 1.4305 candle will test 1.4606. This only will happen if 1.3950 area broken.

ALLAH HU... ALLAH HU... ALLAH HU...

ps : this predictions is only for the use of my student and relevan to some indicator such like RSI, Stoch, MA, BB on H4 chart. I'm not responsible to any results you get by using my predictions.For some Forex gurus who been criticise my predictions thanks to you. This is my technic to teach people - and I just dont care wether this predictions is good or not. Because what I knew this guaranteed at least 60 pips a day make good result for somebody name Mr Syarbainy from Malacca who manage got 380 pips on yesterday predictions. Hehehe... my way is my way not yours.

kepada yang cemburu dengan saya seperti Haji Azmi dari Taman U, Johor ingat tuan Haji Azmi @ gedik @ Jakun - Fitnah yang tuan lemparkan kepada saya mengenai Farflex Commerce tidak akan saya maafkan. Kecuali anda memohon maaf secara terbuka di forum itu dan menyesal memfitnah saya. Kalau tidak Tuan Haji tanggunglah dosa fitnah itu dan saya tidak akan pedulikannya lagi.

Salam.

GBP/USD Pair @ 11.55 am (Malaysia)

1. SELL Area - 1.4117 (my target is 1.3950. May drop further to 1.3850).

2. BUY Area - 1.4157 (my target is 1.4236.Possibility to test 1.4383).

Salam and Hi.....

Trading Range is between 1.3950 to 1.4383:

1. Break 1.3950 candle will drop to test 1.3850.

2. Break 1.4383 candle will test 1.4606 area.

Allah Hu.

Euro in Freefall as European Monetary Union Faces Collapse

Bryan Rich writes: The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. Having just celebrated its 10th birthday in a free-fall, the euro is being exposed for all of its structural weaknesses.

The euro is managed with a common monetary policy. But a fractured fiscal and political structure has left it without a full toolbox to fight hard times. And this chink in the armor is threatening to make the euro's life-span short.

The U.S., China, the UK, Japan, and Australia have made aggressive, downward adjustments in interest rates. Some have boosted their money supply to fight the economic crisis and have formulated specific fiscal stimulus plans to inject growth into their economies.

Meanwhile, members of the European Union's monetary system (the single currency) are left frozen in a rigid, inflexible and arguably faulty regime.

But lack of flexibility is not even the most dangerous problem the euro member countries are facing. Even more dangerous to the euro's future existence is the death-spiraling plunge of neighboring eastern and central European “non-euro” countries.

The New Iron Curtain …

For the outliers in emerging Europe, many of whom are ex-communist economies, the impenetrable curtain is membership into the European Union's monetary system, the euro. Most importantly, membership in the common currency gives these countries refuge from speculators launching attacks on their currencies.

Keep in mind that it's hard enough for even the most powerful countries in the world to sustain through the biggest economic downturn since World War II. But economies that are highly dependent upon exports and foreign direct investment — both of which have dried up — plus debt obligations that increase in value by the day, have even more obstacles to overcome.

You see, when companies and consumers in these small “periphery” European countries borrowed money, they borrowed in euros and Swiss francs, not their local currencies. In fact, the level of borrowing in foreign currencies by countries like Latvia represents as much as 90 percent of the bank loans made in that country.

And why not … After all, euro-denominated loans were cheaper and interest rates were more stable. What's more, these periphery countries assumed that they would be joining their rich neighbors in the euro in the near future.

That's why I see two black clouds threatening the euro's survival …

Black Cloud #1 — Pressures from Non-Euro Countries

When the economic engine of your economy stalls (i.e. global demand for your exports evaporates) and the fragility of your financial system is glaring, investors flee and speculators wage an attack on your currency.

And this is precisely what's taking place in the currency markets right now …

Emerging market economies in Europe have been hammered, driving DOWN the value of their currencies and driving UP the value of the foreign-currency denominated debt that consumers and institutions in these countries are holding.

When a currency devalues, foreign-currency denominated debts become more and more expensive. For a perspective on how much these debts are escalating, here is an indication of the sharp decline these at-risk currencies have made.

So how does this affect Europe as a whole and more specifically the future of the euro?

The aggressive lending practices in the global, credit-led boom were just that — aggressive. Now, add into the equation:

The slowing (if not collapsing) economies in this emerging European region,
Plus the increasingly unstable political environments,
Plus the currency-driven debt inflation …
… and the likely outcome is indeed bleak.

So how much are the rich, Western European banks, that made these loans to emerging Europe, on the hook for?

It's in the $3.6 trillion range. And add to that, European banks on whole have debt levels that dwarf every other developed market country, even that of the United States.

Black Cloud #2 — Vulnerability of the Euro Concept

Aside from the pressures being cooked up on the periphery, the euro member countries are in trouble for all of the reasons Milton Friedman, one of the most influential economists of the 20th century, cited prior to the euro's inception 10 years ago.

I'll paraphrase four of Friedman's statements and follow each with what is going on now:

A one-size fits all monetary policy doesn't give the member countries the flexibility needed to stimulate their economies.
The European Central Bank has been behind the curve on lowering interest rates because of mandated benchmarks on inflation and without attention to growth.

A fractured fiscal policy forced to adhere to rigid EU rules doesn't enable member governments to navigate their country-specific problems, such as deficit spending and public works projects.
France, Spain, Malta, Greece and Ireland have disregarded the EU's Stability and Growth Pact by running excessive deficits.

Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors.
Hungary has walked into the latest EU summit, hat-in-hand, asking for a mere 190 billion euros; Germany has rejected the notion of big spending to bail-out countries, and German citizens are in protectionist mode.

A common currency can act as handcuffs in perilous times. Exchange rates can be used as a tool to revalue debt and improve competitiveness of one's economy.
Under the euro, weak member countries are helpless. Italy has a history of competitive devaluations of the lira during sour times. Now, in the euro regime, its economy is left flapping in the wind.


Milton Friedman predicted that the euro would collapse within 10 years of its inception.
As Jack has written in past Money and Markets columns, Milton Friedman saw the vulnerability of this concept coming and predicted the euro's demise within a decade.

Today, the most challenging issue facing the euro might be addressed in this statement:

“Political unity can pave the way for monetary unity. Monetary unity imposed under unfavorable conditions will prove a barrier to the achievement of political unity.”

Germany, the core of the euro and the rich uncle to its euro-member partners, appears increasingly intolerant of the less responsible, less viable partners. Could they make an unexpected departure from the currency union?

Is the next target for the euro the 2000 lows?

In late 2000, just short of two years following its launch, the euro hit an all-time low of 0.8230 — off 30 percent from its January 1999 opening level.

The chart above suggests the euro could soon revisit that level. And with the events unfolding as I've laid out today, it could be sooner rather than later.

Regards,

Bryan Rich

What Is Forex !!!

This is yours and please read it:

What Is The Forex?

Profits are made from the difference in value between the two currencies (the exchange rate). Because currencies are no longer tied to the gold standard, exchange rates are constantly fluctuating. Speculators trade currencies with the expectation that one will gain in strength against the other. These trades are leveraged, with a small downpayment controlling a much larger sum, so even small changes in value can create large profits or losses.

The Forex is the mother of all markets, with trading of more than U.S. $1.5 trillion daily. That抯 more than one hundred times the size of the New York Stock Exchange. Because the market is so large, extremely liquid; there抯 always an immediate buyer or seller for any of the major currency pairs. Most of this trading is done for profit; only five percent of the trades made each day are for the purpose of changing currencies for business or travel.

The Forex market is also so large that it cannot be manipulated. Even powerful central banks can抰 force the market to do their bidding, as the Bank of England found out in 1992. When the BoE used reserves to support the pound against the Euro, investors traded against the pound and by sheer numbers overwhelmed the BoE. It抯 rumored that one investor, George Soros, made a profit of U.S. $1 billion overnight.

The Forex is a completely virtual marketplace. There抯 no building where buyers and sellers meet, or where brokers hang out looking for action. All trading takes place over the telephone or on the Internet. Small investors trade currency brokers, who in turn place their orders through large banks. Commissions are low and are built into the exchange rate.

It was once said that the sun never set on the British Empire. The same can be said for the Forex trading 揹ay,?which lasts roughly six days. It opens in Sydney with the local Monday morning, then moves with the sun to Tokyo, Frankfurt, London, and finally York, ten back around again to Sydney. It closes in New York on Friday evening. This means that, at any time of the day or night during each work week, some currency, somewhere around the world, is actively trading. The clock may say it抯 midnight, but there are still opportunities to make money on the Forex.

These long trading hours allow investors to speculate on the results of world events as they抮e happening. If a country has announced that it will release relating to its economic growth or decline, an investor can take advantage of the influence of that announcement on the country抯 currency梕ven if it抯 taking place during his night.

GBP/USD Pair @ 7.15 am (Malaysia)

SELL Area - 1.4111 (My Target is 1.3850)

BUY Area - 1.4151 (My Target is 1.4250)

If fail to break S1 candle my drop back at 1.4132.

Salam and Hi...

Yesterday my Buy and Sell area met but fail to reach my target. Congratulations who get them and hopping today will be much better. Set your target and the target must be reasonable. Let say your target is 60 pips a day oldo the market may go to 200 pips but please remember this, that the 200 pips is not confirm. But your target of 60 pips will be confirm and you should achive it asap if you take care of your discipline. Belive me, without a proper discipline you will be failure trader.

SO WHAT NEXT FOR TODAY????

Uwahhhhhh I have to go to bed now - have to get some sleep and hope to have a 4 hours rest to refresh my mind. I will send my predictions asap when I'm ready. Until then thanks for your reading here.

ALLAH HU.

My Predictions On 03.30 pm (Malaysia):

Trading Range Is Between 1.3957 to 1.4383.

1. Break 1.3957 candle may drop sharply to 1.3850.

2. Break 1.4383 candle may go up furthur to test 1.4606 area.

At this moment candle move from a rebound at 1.3957. This rebound are a consolidations movement from 1.4232 and look like more on corections from the drop. If fail to break 1.4383 area candle will drop back to 1.4132 area.

Let see this happen and be happy always. Please control your emosions and set the target.

AKU HIDUP AKU TERBAIK AKU PASTI BERJAYA.

ALLAH HU.... ALLAH HU.... ALLAH HU.

GBP/USD Pair @ 9.30 pm (Malaysia)

BUY Area : 1.4137 (My target is 1.4250)

SELL Area : 1.4097 (My target is 1.3950).

Salam....

Yesterday Buy Area met at 1.4075 and met my first target at 1.4156 and stop at 1.4198. Congratulations who got that and bank-in more 100 pips.

Allah Hu.