GAP...

To all EU trader..be carefull trade on this Monday...mayb have some GAP that morning...
Be smarts, try to minimize our loss...GOOD LUCK all!!:))
p/s : EU still strong DOWNTREND at TF4 above,b carefull for post BUY...:))

Smiles For Sunday..

Ermm..I hv nice weekend this week...hv a SMILESS for every visitor..BIG THANK$$$...:))

Lucky Friday...

Thank to Allah..Friday is my lucky day...all day have make BIG profit...
"Alhamdulillah..."...Hopefully i will continuess make profit..
There r some funder want to "topup" my acc...Luck 1 again..:))

Friday November 21, 2008

EURO

Despite the volatile trading for the euro against the dollar yet it was restricted within the sideways triangular model, among the resistance level at 1.2625 and the support level at 1.2415, for that there is no defined intraday trend despite the short term downside trend which also prevails below 1.2745 levels. Today we expect the euro to continue to fluctuate over intraday basis which no clear direction while a clear move will be seen if either specified resistance or support levels were breached.
The trading range is among the key resistance level at 1.2745 and the key support level at 1.2275.
The general trend is to the downside as far as 1.5080 remains intact; targets are set at 1.2340 and 1.2225.

Support 1.2495 1.2450 1.2415 1.2385 1.2335
Resistance 1.2550 1.2575 1.2595 1.2625 1.2695
Recommendation Sell euro below 1.2575 with targets at 1.2350, stop loss with hourly closing above 1.2745


Great British Pound (GBP)
Sterling versus the dollar as expected entered a clear downside wave as it continues to trade below the major resistance level for the downside channel; now the pair is leading an upside move which is only correctional and will take the pair again to the downside as far as 1.4930 and 1.5055 remain intact.

The trading range is among the key resistance level at 1.5215 and the key support level at 1.4690.

The general trend is to the downside as far as 1.9400 remains intact; targets are set at 1.4435 and 1.4095.

Support 1.4810 1.4760 1.4725 1.4690 1.4625
Resistance 1.4915 1.4985 1.5050 1.5080 1.5150
Recommendation Sell sterling below 1.4915 with targets 1.4760, stop loss with four-hour closing above 1.5050

Thursday November 20, 2008

EUR-USD While below 1.2486 - 1.2595 it might drop to 1.2377 or below 1.2265 zone.
GBP-USD Preferred view is for a fall to below 1.4818 while 1.4951 - 1.5034 area resists. A clear break of 1.5167 would be bullish.
USD-JPY There is bearish potential for a fall to 95.21 or 94.68 while 96.45 - 96.71 resist. After this fall a recovery up to 96.45 or 96.71 is expected.
USD-CHF Market looks set for gains towards 1.2209 or above in extension. Dips should find support at 1.2076 - 1.2041 zone.