Weekly Signal ! (2 May - 6 May 2011)

Forexhaha Weekly Signal :

GBPUSD :
Buy at : 1.6749(highest price last week), take profit 10-12pips, no stop loss.
Sell at : 1.6624, take profit 10-12pips, no stoploss. (hit +12pips)

EURUSD :
Buy at : 1.4885 (highest price last week), take profit 10-11pips, no stop loss. (hit +11pips)
Sell at : 1.4495, take profit 10-11pips, no stop loss.

* longterm : UCAD going to 0.9970.

Update 2 May : 1. EURJPY in neutral area.

Update 3 May : 1. GBPUSD could touch at least to 1.6600, nevertheless it has signal to go up later on, up until 1.6740. I suggest let it go down until we see it touch 1.6700 again, then we can focus buy order. (hit target at 1.6600)
2. If EURUSD continously sliding down, start sell at 1.4740, take profit 10-11pips.

update : GBPUSD will get up to 1.6650~ start buy at 1.6540

Update 4 May : 1. Last 2 weeks GBPUSD weekly pivot is 1.6427 and then price tried to touch it only to 1.6433, then moved back upwards to 1.6748. There is possibility GBPUSD trying to reach 1.6427 again. You can enter sell at 1.6426, take profit 10-12pips. But as yesterday i told you there is a signal GBPUSD going up, and it is still valid. So this morning we're not sure GBPUSD will touch 1.6427 or 1.6650.

update : if u like to take the risk, you can enter sell at GBPUSD 15sec before 2.00pm and 4:30pm (malaysia time). 2 major news forecast shows probably
pound weaken this afternoon. (hit +10pips at 2.00pm), (hit +30pips at 4.30pm)

Update 5 May : 1. if GBPUSD keep upbeat we can enter buy order at 1.6577. Since yesterday we aren;t sure GBPUSD moving up or down, but luckily we got 20pips.
2. EURUSD in neutral area, still playing around pivot line, no signal today.

update : if u like to take the risk, you can enter sell at GBPUSD 15sec before 8.30pm (malaysia time). Major news forecast shows probably dollar has momentum this afternoon. (hit +30pips after 3minutes)

Update 6 May : 1. sell EURUSD at 1.4455, take profit 10-11pips, no stoploss. (hit +11pips)
2. sell GBPUSD at 1.6324, take profit 10-12pips, SL at 1.6431
* GBPUSD has touched 1.6427 yesterday, now we only have 1 signal at the ceiling, our target 1.6650 (still valid)

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