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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".

Thursday, July 31, 2008

Pre-NFP Friday Outlook


Based on today’s price range where the high (resistance) is 1.56991 and the low (support) is 1.55688, and the current price trends seems to head low, I would expect the EURUSD will be dipping lower again.

I will trade after the release of US NFP at 8:30 pm (Brunei) and will observe the market condition by as early as 8:00 pm (Brunei). Shall the EURUSD penetrate or trading below 1.55688 I will focus on short trade. Alternatively, if the EURUSD trading above 1.56991 I will focus on long trade. Subject to trend line confirmation and the development of the candle bars between the support and resistance line of today.

See you tomorrow for the great wave. Happy trading guys ;)

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