8 MAY 2009
GBPUSD
We got 2 sell order yesterday; 1 at pivot level and another one around 1.5110 area. I never thought price can go higher than yesterday (should be downtrend), this is because of news from NonFarm Payroll (NFP). The analysis predicted usd might go strong yesterday but it didnt happen. Is it because of swine flu? haha
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Weekly Conclusion
This week price didnt cross weekly pivot level (1.4795). Looks like my experimental technique didnt make it nicely. Will see it next week.
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