NOTE OF THE DAY : 8 APRIL 09

GBP/USD

Price looks ranging today (too close to EMA25) so it's quite dangerous to trade, maybe if u wanna enter market better enter during london open til new york open.

My prediction : 50% up, 50% down today...if price break yesterday's high (1.4775) there's high chances price will go up. However if price reach support1 line (1.4620), chances price will go down. :)

SIGNAL ALERT!

1.GBP/USD going down and down...better put sell stop at yesterday's low (1.4577)..take profit
whereever you want :D i suggest minimum 10pips

2. sell stop at 1.4630 (london breakout) and see wat happen, tp 10-12 pips

3. GBP/JPY also has touched yesterday's low, so we put sell at 146.10 and see wat happen, tp 15-20 pips

good luck!


MY EXPERIMENTAL TRADING TECHNIQUE

Coming Soon !