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)

Friday, May 14, 2010

EURO/USD , below 1.2400 !! Beware , Potential Reversal signal given out by SSI position

Now The pair EURO/USD has  JUST traded below  1.2367,, near my next immediate Target  of 1.2350, matching the NOV,2008 low.. The 15 min. SSI chart LONG position IS  now RAPIDLY  diminishing,

You are advised to be cautious and take your PROFITS as much as possible now, and cut down your position IMMEDIATELY. or YOU MAY DECIDE TO CLEAR ALL YOUR POSITIONS  and to continue NEXT WEEK? I suggest that you give yourself a short break and have a nice REST Day, even though it is still in the EARLIER  MORNING !!

The reversal(re-bouncing may be a substantial one), considering the FIBO level, it may even break the level at 1.2900 !?

Happy Trading and God Bless !.

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