Monday, Feb 23, 2009 - 01:50PM ( GMT +8 )
Congratulations! Friday market make profits from short and long position when ever market moved down and touched target 1 for short at 1.4185 and moved little bit down almost touched target 2 at 1.4135. However, market just make reversal at 1.4150 and change direction to bullish. Long position gave us about 118 pips from entry post and reached target 1 and target 2 at 1.4366 and 1.4445 each.
Today, Monday, market open at 1.4368 above the Pivot(1.4352) and this morning already make active movement bullish, make about 186 pips already.
Market still bullish for this week and we can take long position but always use our confirmation, low to buy. This moments, market moving down to Pivot for retracement or reversal? Use our confirmaion then take your position.
Market for long today are :
BUY AREA : 1.4364
TP1: 1.4559
TP2: 1.4686
TP3: 1.4812
But, if the Pivot break out at 1.4352, price move down to change direction to bearish. So, our target today for short are :
SELL AREA : 1.4344
TP1: 1.4276
TP2: 1.4150
TP3: 1.3986
Anyway, trade what you can see and understand from the chart, not what you think!
GOOD LUCK FOR TODAY
Always trust yourself, trade what u see from the chart, don't trade what u think and use your own prediction and compare with my prediction......
Save Palestine For Allah.....
THIS MARKET PREDICTION BROUGHT TO YOU BY : Sifu WA
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