Thursday, Apr 2, 2009 - 11:00AM ( GMT +8 )
Congratulation for yesterday market make very good trending in bullish position. All may terget have been reached from target 1,2 and 3. Market make more than 200 PIPs.
Today, market open at price 1.4465 above the Pivot(1.4406) and continues bullish looking for R1. Pls remembers, without any retracement market normally can not move further up. So, any position taken must wait until price make retracement for today.
So, price will make retracement at 61.8% or more at 38.2%, then if Pivot can not be break, price can continues bullish and our long and target position for today are :
BUY AREA : 1.4411
TP1 : 1.4481
TP2: 1.4540
TP3 : 1.4611
Anyway, retracement also possible at 38.2%, meaning that Pivot for sure break out at this time. So, for short and target position are :
SELL AREA : 1.4391
TP1: 1.4321
TP2: 1.4272
TP3: 1.4197
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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