Cable Daily Chart 12June09

Posted by Ivan at 10:41 AM Friday, June 12, 2009


Dear Graduates, GBP USD on daily chart, shows a potential of a triple top. Great potential for sellers. The immediate resistance on the daily chart is at around 1.6660.

Enjoy your weekend.
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EURUSD Bear Flag Breakout

Posted by Siwei at 3:13 PM Thursday, June 11, 2009

Dear Graduates,

EURUSD broke out of the bear flag and we expect some bearish continuation before encountering the supporting trendline at 1.3955. At this resistance level, we will book a quarter of the profits and maximise this trade towards a target profit of 1.3865 to 1.3855 upon a successful breakout.

As this is still an inside day, do take note of the increased volatility when placing and shifting your stop loss.

Regards,
Siwei.
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Cable 100609

Posted by Keat at 3:03 PM Wednesday, June 10, 2009


Hi All,
we are seeing GBPUSD on a channel up, with weak sell opportunity on the correction. There is possibility of some heat.
Be aware of the 4.30pm Manufacturing Production News
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Eur/Usd

Posted by asrin at 10:31 AM Tuesday, June 9, 2009

Hi everyone, this is what i forecast today. Hope it helps.
Trade with care.
Regards
Asrin.
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Small upclose for EURUSD

Posted by Siwei at 9:53 AM Monday, June 8, 2009

Dear Graduates,

EURUSD might form a smaller upclose candle body for today as it takes a little rest from Friday's big downclose. This would create another lower high area where we can take advantage of seller's strength and momentum and stretch our trades for maximum rewards.

For those trading in the AUD market, please note that today is a bank holiday and be aware of the reduced volume and irregular volatility.

Regards,
Siwei.
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