Friday, Apr 3, 2009 - 11:30AM ( GMT +8 )
Congratulation for yesterday profits and all our targets have been reached. Then, price moved higher until reached R3 and make all together about 290 PIPs.
Today is Friday, earlier month! Tonight is critical time for NFP. Don't trade if you're not making any good plan for that!
Anyway, for prediction today as normal, market already make almost 700 PIPS for only this week without any large retracement or reversal. Be aware for this situation! What we can see here is GBPUSD on the way to make bullish trend referring to daily timeframe last months candle was spinning top.
Today, again price open at 1.4741 above the Pivot(1.4647) and this moments, moving down looking for Pivot wheather make retracement or break the Pivot.
So, for today predict buy/long position after retracement has been make at 61.8% or Pivot level and the price can not break the Pivot :
BUY AREA : 1.4645
TP1: 1.4747
TP2: 1.4839
TP3: 1.4939
But, if Pivot can be break and market move down, we can take our short/sell position at:
SELL AREA : 1.4625
TP1: 1.4547
TP2: 1.4455
TP3: 1.4355
GOOD LUCK FOR TODAY
Alert! Today is Friday, always be careful with market movement!
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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