Mei 08, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))
17:20 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 !
Friday May 9, 2008
EUR-USD
It should test 1.5453 area after which a sell off down to 1.5305 or extended to 1.5217 area is expected.
GBP-USD
It is likely to attempt to below 1.9437 while below 1.9541 - 1.9555 area. Rise above 1.9607 would dampen this bearish expectation.
USD-JPY
Market should meet resistance at 104.03. We expect then an extended move down to 103.28 -102.82 area.
USD-CHF
While below 1.0539 - 1.0568 it might drop to 1.0454 or below 1.0396 zone.
