Recommended & Trusted Broker

Recommended & Trusted Broker
Trading account from as low as $100; Low spreads starting from 1.8 pips; 24 Hrs Multilingual Live Customer Support; Financial news from industry leaders; Flexible funding options; Plus more benefits

Just A Reminder...

Dear All,

I personally urges you to scrutinize any "super "trading system by providing fast rich method or all-in-one signal to realize your dream, before paying fee to them. As we all undertand, the way to fortune is a painstaking process, much due to your hard efforts and practice, do you think people now can produce any super machine better than human brain? Please do not fall victime of "impulsive buying", cool down yourself for some days first before giving your most precious asset: "Money".

Wednesday, August 6, 2008

USDJPY Break resistance, entry developed

By referring to the above 30-min chart, the pair broke my marked resistance point, and thus created some good opportunity for an entry today. The price broke the marked blue line resistance point earlier, and while I was busy doing by day business task. If I have the spare time, I would had entered a trade and take at least 18 pips (108.59) based on my risk & profit probability calculation. The most will be at 108.79 as take profit level, where from the attach chart is still not hit.

I am now looking & analyzing the EURUSD chart for any possible trade. But I guess the best entry will be tomorrow just after ECB release its rate decision.

Until then happy trading ;)

No comments: