Wednesday, June 10, 2009

GBP/USD @ 05.45 am (Malaysia)

Salam and hi..... Trading Range is between 1.5900 to 1.6700.

1. BUY Area : 1.6227 (First Target : 1.6361 Next : 1.6448 ) Possibility to test 1.6600 area. If fail CS may drop deeper to test 1.6200 area again.

2. SELL Area : 1.6197 (First Target : 1.6129 Next : 1.6074 Next : 1.5986) possibility to rebound if fail to drop deeper and back to test at 1.6500 area again.

Allah Hu.

Tuesday, June 9, 2009

GBP/USD @ 05.45 am (Malaysia)

Salam and hi..... Trading Range is between 1.5700 to 1.6350

BUY Area : 1.6003 (First Target : 1.6103 Next : 1.6167 Next : 1.6241) If fail CS will drop back to 1.5983 area.

SELL Area : 1.5963 (First Target " 1.5905 Next : 1.5863 Next : 1.5800) May drop deeper at 1.5700 area. As long as 1.5777 area hold, CS may test back 1.6200 area.

Allah Hu.

Monday, June 8, 2009

GBP/USD @ 11.15 pm (Malaysia)

Salam and hi ....... Trading Range is between 1.5372 to 1.6250.

SELL Area : 1.6031 (First Target : 1.5863 Next : 1.5732) If fail to drop deeper CS may test back 1.6052 area. That mean as long as 1.5777 hold CS may rebound back anytime today. But if success to break 1.5777 CS may test 1.5500 area.

BUY Area : 1.6071 (First Target : 1.6164 Next : 1.6240)

As I told last week, CS fail to test 1.6700 area and lost it gas at 1.6661 (2009 High Price) Candle now is on retracement from the bullish movement and is testing the initial support at 1.5777. Please be alert on all reverse signal. Gold price is dropping and so do the oil price pluss the bad data from GBP.

Please use yellow line on H4 and also use Blue line. The CS is testing the blue line. Please use Fibonaci Retracement to confirm the target.

Let look what will happen next today. Until then good luck.

Allah Hu.

Friday, June 5, 2009

GBP/USD @ 12.45 pm (Malaysia)

Salam and hi..... Trading Range is between 1.5800 to 1.6450.

SELL Area : 1.6189 (First Target : 1.6082 Next : 1.5984) If fail CS may bounce back to 1.6200 area.

BUY Area : 1.6229 (First Target : 1.6340 Next : 1.6432)

Looks like new 2009 top already performed at 1.6661 and the CS lost it gas have to test the support area and more deeper drop will be at 1.6000 to 1.5800 area. But as long as 1.5800 area hold CS may bouncing back to test again 1.6700 area.

Please be alert on:

1. All continuitions pattern

2. Reversal signal

3. Candlestick it self

4. Support and Resistance

5. M30, M5 and H1 chart.

6. Reffer every 4 hours on H4 chart.

Until then good luck to all of you.

Allah Hu.

Thursday, June 4, 2009

GBP/USD Pair @ 08.10 am (Malaysia)

Salam and Hi...... Trading Range today is 1.6100 to 1.6700 area.

SELL Area : 1.6381 (First Target : 1.6243 Next : 1.6139)

If fail CS may test back 1.6400 area.

BUY Area : 1.6421 (First Target : 1.6479 Next : 1.6556 Next : 1.6661 Next : 1.6750)

As expected yesterday in the morning CS is testing wednesday high and after that try to test 1.6700 but fail and only reach 1.6661. After performed a reverse signal on H1 CS drop back slowly to met Mr. Pivot at 1.6500 and entering sell area at 1.6481. At this moment the market is in consolidations from yesterday drop and looks like more deeper to 1.6100 area later this afternoon. For this please be alert on all reverse signal and Bearish continuition pattern on H1 and H4. Please used the Aqua discipline on M30 and confirm it on H1. The Gold Price is droping and so do the Oil Price.

Until then I hope you will set the target and if you achived it just stop and trade only if there is a confirm signal.

Allah Hu.

Wednesday, June 3, 2009

GBP/USD Pair @ 07.10 am (Malaysia)

Salam and hi..... Trading Range is between 1.6100 to 1.6700 area.

BUY Area : 1.6521 (First Target : 1.6600 Next : 1.6650 Next : 1.6708)
If fail CS may drop back at 1.6500 area.

SELL Area : 1.6481 (First Target : 1.6406 Next : 1.6369 Next : 1.6322)

Anyway the market is still Bullish. May test 2009 new High today at 1.6700. There already performed big flag at H1. Please use Yellow Line at weekly chart and look like CS may test 1.6900 area within few days. Anyway indicator is OB and CS may make some corections this morning, before testing back yesterday high at 1.6595. Don't forget to reffer H4 chart at relevan time before make a buy or sell decisions.

Until then I hope you will be more discipline and be alert on all reverse signal and continuition pattern.

Allah Hu.

Tuesday, June 2, 2009

GBP/USD Pair @ 08.10 am (Malaysia)

Salam and Hi........

Trading Range is between 1.6100 to 1.6700.

1. BUY Area : 1.6391 (Target 1 : 1.6500 Next : 1.6584 Next : 1.6708) If fail candle may drop back 1.6300 area.

2. SELL Area : 1.6351 (Target 1 : 1.6309 Next : 1.6246 Next : 1.6160)

As I told yesterday, please be alert on all Bullish continuition. At this moment there is already Bearish continuition pattern on M30 and H1 chart. On H4 there is still big flag, might CS will test back yesterday high at 1.6495 late afternoon. Please dont belive me but please trade what you see on all relevan indicator given to you before. Please be alert on all Bullish and Bearish reverse signal. The most important is set your target and please dont chase hundreds pips because it is not shure. Anyway it up to you guys, your money is your responsibility not me... hehehe.
Until then let see what will happen today and happy trading.

Allah Hu.

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