Mei 06, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))
14:50 GBP/USD down (Sell)
19:00 GBP/USD up (buy)
ALWAYS put a Stop Loss (SL) MAX 40 pips, and Target Profit (TP) starting from 10 to 70 pips, you can use a trailing stop too.
USE AT YOUR OWN RISK !
Tuesday May 6, 2008
EUR-USD
Currently uptrend should end around 1.5516 - 1.5536 area. A correction down to below 1.5440 is expected. A rise above 1.5575 will abort the expected correction.
GBP-USD
One more dip to 1.9656 is likely followed by a grind higher to above 1.9753. After which it can resume his downtrend.
USD-JPY
There are initial signs of a good corrective recovery towards 105.40 or even 105.95. Supports at 104.80 and 104.52 zone.
USD-CHF
There are initial signs of a good corrective recovery towards 1.0567 or even 1.0585. Supports at 1.0524 and 1.0499 zone.
