Dec 01 , 2009

Hai Traders ,

How all of your trading ? Hopefully it will be great ... So, December onward I will post all the Daily Market Forecast for your guide ...

So Let us start with Economic Calender :

What's HOT today ??

USD ISM manufacturing Index

Pending Home Sales

Here I see that US gonna be bearish ..

So let we open chart using an custom indicator :

All chart as my forecast is using H1 chart

EUR / USD

Chart Pattern : Double-Bottom signal UP

MACD colored : Trend Continue on Bullish Movement

Stochastic Colored : OverBought , seems like have a little bit retracement for a while

So Trader , in H1 chartd, just drag a Fibo and a retracement level 61.8 , 50 or 38.2 level be your entry level for BUY !!

GBP / USD

Chart Pattern : Double-Bottom signal UP

MACD colored : Trend Continue on Bullish Movement

Stochastic Colored : OverBought , seems like have a little bit retracement for a while

So Trader , in H1 chartd, just drag a Fibo and a retracement level 61.8 , 50 or 38.2 level be your entry level for BUY !! - take care of your stop loss since Gbp/Usd are volatile