Tuesday, February 6, 2007

6 february 2007

Sorry ..no update since 19/jan ..i have a lot work to do
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today signal

GBP / USD
stop order
1.9621 - buy lineDONE
remember to put SL(loss) or SL (profit)



this signal not guarantee make ur profit ...

be careful on FA like yesterday -Markets relatively quiet with GBP going lower on paper bomb explosion in the UK

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REVIEW YEN

The JPY crosses remain under heavy pressure both through today's Asian and European session, as market awaits the G7 meeting starting this upcoming weekend. The has been the usual talk of European policy makers telling the market that JPY weakness will be on the agenda with Japanese officials suggesting the opposite. All in all this is simply noise and we will have to wait and see, but we believe the fear is to the upside in USDJPY and especially in EURJPY. If no statement is made concerning the direction of EURJPY then we expect to see the pair trade above 160.00 in the near future

for e/j my own indicator show 3 stochastic already OS but market still waiting G7 meeting.My RSI 27.12-nearly OS.

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