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.
Wednesday, February 25, 2009
Tuesday, February 24, 2009
GBP/USD Pair @ 10.50 am (Malaysia)
BUY Area - 1.4513 ( MY Target is 1.4660. After that 1.4790).
SELL Area - 1.4471 (My target is 1.4300. After that is 1.4194).
Yesterday my Buy Area met at 1.4373 and met my first and second target at 1.4606 and reach as far as 1.4661. After that it rebound to find Mr. Pivot again as aspected (1.4355) after fail to break R2, but only manage to drop at 1.4451.
So what next:
Trading Range is between 1.4090 to 1.4661.
1. If Candle Break 1.4661 today, candle will deffinately test 1.4790 area and may go up furthur to test 1.4985 area.
2. If Break 1.4090 candle will test 1.4050 and may drop at 1.3850. From here it will again test this year Low at 1.3500 within Few Days.
Looks at H4 chart and seems it open on middle line of BB and open on 61.80% of Fibo, candle deffinately will test yesterday high at 1.4661. If open above this level, candle will test purpple MA area. If fail at 1.4661, then candle will perform double top and will drop sharply to find Mr. Pivot at 1.4392.
RSI 7 days is going up and stoch is going up to.
Let see what will happen and please indicate all your relevan indicator.
Until then salam.
ALLAH HU.... ALLAH HU.... ALLAH HU
Monday, February 23, 2009
GBP/USD Pair @ 08.45 am (Malaysia)
Salam....
BUY Area - 1.4373 (my Target is 1.4481. After that 1.4606)
SELL Area = 1.4333 (my Target is 1.4223. After that 1.4114. Then possibility to drop at 1.4050)
Trading Range still maintain at 1.4050 to 1.4606.
1. Breaking 1.4606 - candle will test 1.4985 in few days.
2. Breaking 1.4050 - candle will test 1.3850.
Allah Hu.
BUY Area - 1.4373 (my Target is 1.4481. After that 1.4606)
SELL Area = 1.4333 (my Target is 1.4223. After that 1.4114. Then possibility to drop at 1.4050)
Trading Range still maintain at 1.4050 to 1.4606.
1. Breaking 1.4606 - candle will test 1.4985 in few days.
2. Breaking 1.4050 - candle will test 1.3850.
Allah Hu.
Friday, February 20, 2009
GBP/USD Pair @ 11.30 am (Malaysia)
SELL Area - 1.4295 (My target is 1.4090. Next - 1.3850).
BUY Area - 1.4315 (My Target is 1.4450. Next - 1.4606).
Trading Range Still Maintain At 1.4050 to 1.4606.
What Next For Today:
Initial support is at 1.4050 and if break candle will drop sharply at 1.3850. Then possiblility to drop furthur down to 1.3500 next week.
Initial Resistance is at 1.4606 and if break will go furthur up to 1.4985. After that posiblely will test 1.5372 at 2009 High.
Yesterday my Buy area met and candle easyly break my first target at 1.4350 and rebound back after reached 1.4445 to find Mr. Pivot at 1.4211.
Now look at the H4 chart attached for your refferences. Early morning at 8.00 am Malaysia Clock, candle drop furthur and is testing yesterday Low at 1.4090. If happen candle break this level, no doubt candle will drop sharply to test 1.3850. If fail again, candle will rebound back to find Mr. Pivot today at 1.4315.
Let see this happen and please becarefull and be alert on all reversal signal like Harami (Abandoned Baby), Mr. Doji, Inverted Hammer and etc. Until then Good Luck.
Salam and Allah Hu.
Thursday, February 19, 2009
GBP/USD Pair @ 11.55 am (Malaysia)
BUY Area - 1.4231 ( My Target 1.4350. Next 1.4606)
SELL Area - 1.4191 (MY Target is 1.4050. Next 1.3850)
Yesterday both my Sell and BUY area met:
SELL area met at 1.4203 and drop at 1.4090 but fail to break 1.4050. As aspected if not broken that level, candle rebound back to find Mr. Pivot again. After that candle reach my BUY area at 1.4243 but fail to meet my target at 1.4350.
So What Next:
Trading range is between 1.4050 to 1.4606 maintain and yet Initial Support is not broken after tried three time this week. Look like candle fail and must test back 1.4350 and if success will test Initial Resistance again at 1.4606. If this 1.4600 area broken no doubt, candle will try to break 1.5000 area within a few days. If this happen that mean the drop from 1.4985 already accomplish and make a new consolidations move from 1.4090.
Let see together this happen or not. For me if 1.4050 hold after three tried the candle may test back 1.4350 again. But please dont belive me this because it is only my predictions. I've belive candle will try again to break this support next week and will try to break 2009 Low at 1.3500.
Until then good luck. Salam.
Allah Hu.
ps.. for all the gurus from other forum, please mind your own biz, because this predictions is only for my student. I dont care wether this stupid predictions is right or wrong, because many already call me and thanks me because of this stupid predictions. Very shame on you to tell me that I'm not doing good for the community. Because I'm really dont care that negetive words. Allah Hu. May Allah forgive then.
Wednesday, February 18, 2009
GBP/USD Pair @ 11.55 am (Malaysia)
BUY Area - 1.4243 - (My target is 1.4350. Next posibility to reach 1.4603)
SELL Area - 1.4203 - (My target is 1.4100. Next may drop to 1.4050).
Trading range is between 1.4050 - 1.4603.
Yesterday both BUY and SELL Area met but fail to reach my target.
1. SELL Area met at 1.4233 and stop at 1.4123 (Given 110 pips only). As I said if fail to break 1.4050, candle will rebound to find Mr. Pivot and met my BUY Area at 1.4273 after performed a doji signal. Who noticed this got more 180 pips and congratulations for those who got this opportunity. Same to my frens who used archi indicator and gain double profit... wow archi methode is marvelous and already got 140% in 5 trading days. I've been using it for scalping and harvesting pips in a busket every hours. But you have to know the trends and confirm it at M30/M5 charts before use it - becarefull.
2. BUY area met at 1.4273 and close at 1.4310 (my target is 1.4350 - different 40 pips only). But who ever used Archi indi got double profit.
So what next - my predictions today:
Remember that this is only my predictions and only use for my student to get at least guarenteed 60 pips. I am not responsibility for this predictions because it is use with a relevan indicators. If you use it for your trading tips and met your target, I wish you congratulations. But if you fail it your problems not me, because you are not my student.
Ok let see H4 chart at this moment:
At this very moment at 1.10 pm Malaysia clock all candle are below middle band of BB. Candle is trying to break Mr. Pivot at 1.4223. The Market is rangging and RSI7 is below 50% and looks like the pivot will be penetrate easyly. If fail candle will up back to find middle band. I'm not enter a positions right now because it is not confirm yet.
BB is already in flat conditions - better use archi methode to scalp that mean use M5 chart to scalp and use this sign on stoch and RSI.
1. Low To Buy
2. High To Sell
Take 10 - 30 pips a trade and dont wait for more pips.
On this H4 charts - the trend is still in Bearish configurations but still in consilidations from 1.4123 movement yesterday. If break 1.4050 candle will drop to test 1.3850. If this happen no doubt candle will test this year Low at 1.3500 area in few days. If 1.4050 not broken the candle will when back to find Mr. Pivot to test 1.4300 area or further up to test 1.4603.
Let see this happen today and please use the relevan indicator before you enter your positions.
Be a discipline trader not speculative trader. Remember this set your target 60 - 100 pips a day. Don't wait hundreds of pip, unless you sit infront of the computer 24 hours a day... i'm not doing that, because we have many thing to do beside trading FX.
Until then Good Luck and Allah Hu.
Tuesday, February 17, 2009
GBP/USD Pair @ 01.00 pm (Malaysia)
SELL Area - 1.4233 ( My target is 1.4051. Further Fall then to 1.3900 area if break and open below 1.4051 on H4 chart)
BUY Area - 1.4273 ( My target is 1.4350 area)
MY PREDICTIONS ALERT FOR TODAY: TODAY OR THIS WEEK WILL BE CRITICAL TRADE WETHER CANDLE WILL TEST 23 YEAR OLD LOW AT 1.3500 OR WILL REBOUND BACK TO TEST 1.4985 TO TEST THIS YEAR HIGH AT 1.5372 RESISTANCE.
Trading range is between 1.4051 - 1.4603. The price is still in a consolidations movement from downtrend move from 1.4985 resistance on 9th. February 2009. If this consolidations continue and break 1.4051, candle may test 1.3850 area and from here it may test this year Low at 1.3500 area in few days. If fail candle will test back 1.4600 area.
Look at H4 chart - seem like the candle open below middle band and drop sharply to broke Mr. Pivot at 1.4253. Candle is testing the channel line and if break will test 1.4150 and then will test 1.4050 area.
Let see this happen and please don't forget your discipline and please trade on what you see. The Major Impact is at 5.00 pm and 9.00 pm Malaysia Clock. The major impact will continues until 3.00 am. Please be alert on all news and remember to set your target and if achive please stop because more votality will happen today.
Until then good luck and salam.
ALLAH HU.
News to follow:
Story By:
Brewer Investment Group
The U.S. Dollar finished the week close to unchanged against most majors as speculators remained on the sidelines while waiting for more concrete details regarding the Obama Administration’s banking rescue plan. The Dollar was looking weaker at the start of the week as speculators anticipated that the combination of financial stimulus and banking rescue plans would help lead the U.S. out of a recession more quickly and increase demand for higher yielding assets.
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