Welcome to my Trading Blog

Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Thursday, May 13, 2010

Both EURO/USD & GBP/USD in Extreme downward PRESSURE

1) EURO/USD
  This pair has just touched its low at 1.2539 approx. 65 minutes ago.. As predicted Four days earlier, It should hit below the 1.2500 psychological level which may be a very strong support Bar,. Falling below will expose 1.2000 ...  However,  my immediate Target is1.2500 , Right now it is traded at 1.2580. This pair is still in the severe Bearish zone.

2) GBP/USD
 The pair has just crossed the 1.4674 approx. 15 Minutes ago., As predicted  4 days earlier, its Bearish trend shall  continue, and it will NOW be heading SOUTH towards the psychological level at 1.4500. My Immediate Target is 1.4500. Right now it is at 1.4691.  Bearish.. Bearish.. is the KEY-WORDS NOW.

So wishing ALL Traders Happy Trading, and do take  your profits for Holidays shortly. . I think the past two weeks Forex trading are Interesting and very Rewarding indeed for ALL OF YOU !! Good Luck  & God Bless !

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