Salam and Hi......... Trading Range is between 1.5777 to 1.6720.
1. SELL Area : 1.6431 (First Target: 1.6396 Next : 1.6300 Next : 1.6180)
If fail CS may rebound to test 1.6400 area.
2. BUY Area : 1.6471 (First Target : 1.6512 Next : 1.6597 Next : 1.6720).
Please see Daily Charts now, it is double top there.... you know what to do then. Just take the opportunity to enter the positions.
Happy journey to Dr. Harveen to Bangalore, India. Going back to home town and marriage a doctor in India. Be a happy husband please and take care and send my regards to your family.
Allah Hu.
Monday, June 15, 2009
Friday, June 12, 2009
GBP/USD @ 05.30 am (Malaysia)
Salam and Hi.... Trading Range is between 1.6200 to 1.6800.
1. BUY Area : 1.6537 (First Target: 1.6661 Next : 1.6694 Next 1.6798)
If fail CS may drop back to 1.6500 area.
2. SELL Area : 1.6497 (First Target : 1.6340 Next : 1.6236)
As aspected yesterday CS is testing 2009 high at 1.6661 but out of gas and stoped at 1.6621. At this moment the market is on retracement from yesterday bullish and at H1 already performed a small flag - so do at m30 chart already performed big flag. Any time the CS may spike to test yesterday high at 1.6621. If fail to move furthur up, CS may drop back at 1.6500 area, because everything is OB now. Anyway let see what will happen today and the Oil price is still moving up. Until then be more carefull today and please set your target and trade only on what you see - not on what you think to be.
Allah Hu.
1. BUY Area : 1.6537 (First Target: 1.6661 Next : 1.6694 Next 1.6798)
If fail CS may drop back to 1.6500 area.
2. SELL Area : 1.6497 (First Target : 1.6340 Next : 1.6236)
As aspected yesterday CS is testing 2009 high at 1.6661 but out of gas and stoped at 1.6621. At this moment the market is on retracement from yesterday bullish and at H1 already performed a small flag - so do at m30 chart already performed big flag. Any time the CS may spike to test yesterday high at 1.6621. If fail to move furthur up, CS may drop back at 1.6500 area, because everything is OB now. Anyway let see what will happen today and the Oil price is still moving up. Until then be more carefull today and please set your target and trade only on what you see - not on what you think to be.
Allah Hu.
Thursday, June 11, 2009
GBP/USD @ 11.00 am (Malaysia)
Salam and Hi...... Trading Range is between 1.6100 to 1.6600.
1. BUY Area - 1.6377 (First Target : 1.6431 Next : 1.6473 Next : 1.6530 Next 1.6588)
Possibility to test 1.6661 area. If fail CS may drop back to 1.6300 area.
2. SELL Area - 1.6337 (First Target : 1.6285 Next : 1.6241).
Allah Hu.
1. BUY Area - 1.6377 (First Target : 1.6431 Next : 1.6473 Next : 1.6530 Next 1.6588)
Possibility to test 1.6661 area. If fail CS may drop back to 1.6300 area.
2. SELL Area - 1.6337 (First Target : 1.6285 Next : 1.6241).
Allah Hu.
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.
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.
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.
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.
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.
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Salam ... BISMILLAH HIRR RAHHMAN NIRR RAHHIM Trading Range is between 1.6100 to 1.6500 area. 1. BUY Area : 1.6293 T1 : 1.632...
