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, June 24, 2010

AUD/USD --THE BEST TRADE OF THE DAY ---SELL DOWN

If you follow my blog on last Sunday posting, or this link:-
http://millionaireclub88.blogspot.com/2010/06/anaalysis-on-audusd-and-its-trade-setup.html

You do see right now that the price action has broken the 0.8728(50%  Retr) and heading south toward the 0.8582 (38.2% Fibo Retr) very rapidly, which is our immediate target. Below this support will expose 0.8066.
This is a fantastic opportunity for traders.

Near term Technicals is very Bearish.



Guppy with trend lines
Happy trading
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