I did not execute any trade as the indicators does not agrees with one another on the currency pairs that I monitored. Moreover I am too tired to continue trading all nights, and there's no point to trade the forex market with such great fatigue. So I end up asleep at about 11pm Brunei time.
However for those of your guys able to stay awake until the early mornings after 2 am, I am sure you can get some good trades with profits around the region of 30 - 60 pips. This early morning at about 8:30am (7 Jan 2009) for those of you guys that a free to trade the forex, you may catch AUDUSD with Retails Sales Trend coming out at about that time. Looking at my 30-minute chart of the AUDUSD, it seems ok for a Long trade. But the other remaining chart, i.e. the 5-minute and 1-minute still in the red zone. If I were to trade I will be looking for both chart to turn into blue. My target will be either R1 or R2 for this pair.
Happy trading guys...
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