Wednesday, March 4, 2009

GBP/USD Pair @ 3.30 pm (Malaysia)


BUY Area - 1.4075 (my target is 1.4156 and after that 1.4350 area).

SELL Area - 1.4035 (my target is 1.3950 and after that 1.3850 area).

Trading Range is between 1.3850 to 1.4350

Salam..... and Hi.

Candle is on consolidations move from 1.4660 drop and furthur drop is possible to 1.3850 and may drop to 1.3700 area in few days.

The nearest resistance is at 1.4156 and if break candle may go up furthur to test 1.4350. If this happen candle will test 1.4660 area. If fail candle will find Mr. pivot again at 1.4054 and from here will test 1.3850 area.

Please be aware on all reversal signal like Harami, doji, inverted hammer or hangging man.

Let see this happen and happy trading.

Allah Hu.

H4 Charts At 06.30 pm (Malaysia):

Look at H4 chart - candle is trying to break 61.80% Fibonaci and is on going to test 50% Fibo. If success candle will try to break my target at 1.4156. If success candle will try to test R3 at 1.4263. If fail candle will drop back to Mr. Pivot at 1.4054 and deffinately will test 1.3850 area.

Let we see this happen and please be more discipline on all the relevan indicator.

Allah Hu.

Tuesday, March 3, 2009

GBP/USD Pair @ 10.15 am (malaysia


SELL Area - 1.4077 ( First Target : 1.3950 Second Target 1.3850)

BUY Area - 1.4117 ( My target is : 1.4160 Second Target : 1.4287)

Trading Range is between 1.3950 - 1.4383 :

Salam and Hi,

Yesterday candle break 1.4090 and drop until 1.3956 but fail to break my second target at 1.3850. So candle move back up but fail to find Mr. Pivot. So what next for today :

1. SELL Area : Break 1.3950 candle will test 1.3850. If success candle may drop to 1.3700 area within few days.

2. BUY Area : Break 1.4383 candle will test 1.4661 level in couple of days.

Allah Hu.

Monday, March 2, 2009

GBP/USD Pair @ 11.55 am (malaysia

SELL Area - 1.4241 (My target is 1.4161)

BUY Area - 1.4281 (My target is 1.4383)

Trading range is between 1.4090 to 1.4383.

1. SELL Area - Break 1.4090 candle in favor to test 1.3850. Fail to break candle will bounce back to 1.4262.

2. BUY Area - Break 1.4383 candle will test 1.4660 area.

Saturday, February 28, 2009

GBP/USD Pair What Next Next Week/Month - My Predictions !!!


What Happen On February 2009:

Trading Range is between 1.4050 (02 February 2009 Low) to 1.4985 (09 February 2009 High Level). Both are used as:

1. Initial Support - 1.4050

2. Initial Resistance - 1.4985

The move from 1.3500 (2009 year Low and 23 year record Low) is a consolidations from 2.1144 (01 November 2007 record high for GBP/USD)sharply drop and bounce back to met 1.5372 (2009 High Level)on 08th January 2009. Please reffer the Daily Chart attached to get more view on this statement.

So What Next Will Happen On Mach 2009 - Please Dont Belive me:

Yes please don't belive me because this is only my view and my predictions for my student only. For them please use these predictions for your own predictions using all the relevan indicator on H4 chart and M30/M5 and H1 charts.

As I've told on friday 27th Febraury 2009, trading range is between 1.4050 and 1.4660. If breaks any level candle will drop or go further. Fail to do so candle will find Mr. Pivot again at 1.4277 and if break, candle will move further.

But both movement candle fail to break those intial support and resistance. Candle bounce back to Mr. Pivot and move further up but fail to meet my first target at 1.4416 that end at level 1.4363. But Sell area met my first target at 1.4150 and drop until met 1.4109 fail to break my second target at 1.4050 - a different of 59 pips only.

On Daily chart candle stop at 1.4314 area on IBFX chart. Already performed the continuations of the Harami movement as I mention on Friday predictions. So do weekly chart that also performed Harami pattern and look like candle will move furthur up on monday morning and maybe a gap will commenced. The BB are flat and candle on next week will move between middle band.

The nearest Resistance is 1.4660 but if break this level candle will test 1.4985 level. From here it will test 2009 record high at 1.5372.

On H4 chart candle already above Middle of BB and support by the RSI 7 that is on the way to go up. Anyway candle before close at high and suppose next candle must drop first before make a continuations on Bullish move.

So for me let just see what will happen on monday morning when Asia Market open at 07.00 am Malaysia clock. Until then please read all the analysis statement given to you before.

Salam and Allah Hu.

Friday, February 27, 2009

GBP/USD Pair @ 08.00 am (Malaysia)


BUY Area - 1.4297 (My target is 1.4416. Possibility to Break 1.4660).

SELL Area - 1.4257 (My target is 1.4150. After that 1.4050).

Salam and Hi,

What Next For Today :

Trading Range is between 1.4050 to 1.4660.

Please refer to H4 chart at 08.00 am Malaysia Clock. Candle open below middle of BB. RSI 7 is going down. Candle try to test Mr. Pivot at 1.4277 and yesterday Low at 1.4160. If success candle will test Initial support at 1.4050 again.

If fail candle will rebound back to test yesterday high at 1.4382. If success candle will try Initial Resistance at 1.4660.

Anyway please refer to daily chart and weekly chart. Candle yesterday end and left Bullish Harami Pattern and deffinately will reverse up further Late Today. Maybe after 09.00 pm Malaysia Clock or earlier at 04.30 pm.

Until then let see this happen and Good Luck.


Allah Hu.

ps : Congratulations to those who got more than 100 pips yesterday and welcome to the club to all new members.

Thursday, February 26, 2009

GBP/USD Pair @ 12.20 pm (Malaysia)

SELL Area - 1.4311 (My target is 1.4178. Then 1.4050)

BUY Area - 1.4351 (My target is 1.4405. Then 1.4487)

Both my Buy and Sell Area met and only sell area met the first target at 1.4250. On Sell area candle stop at 1.4173 amd rebound back this morning.

So what next :


Salam. Allah Hu.

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.

Supply And Demand On TD: Join Me at Super Forex

Join Me At Super Forex