Thursday, December 3, 2009

Dec 03, 2009




Hi fellow traders ..
So how your trading yesterday ? Hope that will be good, is just GBP/USD out of forecast, rite ?
Nevermind, aw what I was told before, pass is pass, forecast the future.That are circumstances being a trader...

So, what we have today in Fundamental Analysis ?


SO today gonna be high impact fundamental movement market price.
  • Min Bid Rate for EUR
  • ECB press conference
  • Unemployment claim for US resident
  • US Governor Ben Bernanke
As per conclusion, I can say that during the Bid rate and press conference since the prove on their current economic flow, movement gonna be Bullish for the EUR, it just a little Breakout Down once announcement released.
For the unemployment US resident, it show still weak for USD and gonna continue Bearish.
So, now let we see for the Chart Market movement

EUR/USD

So, in chart pattern : NONE
MACD : it show Trend continue BULLISH support by Signal Ball BLUE color
but in Stochastic : it have some contestant, since it was already on overbought- it will bring the market down 1st, afterall continue with their trend-Bullish
So, trader shud find the retracement level on bullish market now, and enter your position for buy, and dont forget to recheck while fundamental arrive.

GBP/USD

So in GBP/USD chart, not make too much different as EUR/USD
So, in chart pattern : NONE
MACD : it show Trend continue BULLISH support by Signal Ball BLUE color
but in Stochastic : it have some contestant, since it was already on overbought- it will bring the market down 1st, afterall continue with their trend-Bullish

So,what are you waiting for !!If you already learned all the technical indicator form me,you already know that I was told 9-types of entering the market.THE only one who will decide is your last fingure to become 10. Just do a little bit more analysis, and enter your trade.
This weekend, i'm gonna have a Technically Forex Classes as per announcement side. Dont hesitate to contact me

Happy Trading !! See you tomorrow with a VERY BIG EVENT OF EVERY MONTH!!

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