Be a Millionaire via Forex Trading-A journey to Over 1 MILLION USD IN LESS THAN 3 YEARS: AUD/USD ---A potential GOOD trade set up is in the MAKING ??

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)

Sunday, June 13, 2010

AUD/USD ---A potential GOOD trade set up is in the MAKING ??

Do observe the below Chart, there is a beautiful DOUBLE Bottom Formation since 07 May,2010 till now.

The 38.2% Retr. Fibo Level is at 0.8572. ,,AND 0.8582 IS THE IMMEDIATE RESISTANCE,

So Traders be alert now, and be patient to wait for the next price action !!

NOTE:The currency pair AUD/USD is now traded at 0.8554 (GMT02:05 Mon;;,KL/SINGAPORE/BEIJING 10:05 Mon ;;, US PACIFIC 19:05,or 07:05 p.m.Sun )with Bullish divergence.

WAIT FOR THE NEXT PRICE ACTION NEAR THE ABOVE LEVELS BEFORE YOU EXECUTE YOUR TRADES ACCORDINGLY......

Shooting Star.after breaking 0.8570-0.8580................... Probability=80%
Falling like a stone from cliff near/from the above levels.. Probability=20%

HAPPY TRADING .......