21 July 2009 @ 9.00 AM (Malaysia)
Fun-The-Mental...
Tonite - Uncle Ben testifies...
Technical....
4Hr Trend - Still Up.. Price In Rangebound....
Daily suggest price may retrace to 154.6xx - 155.0xx..
I will wait for sign of retracement is over today before decide any trade... Bias is Up...
Updated @ 12.10 Noon
4Hr Trend Still Up.. Price in rangebound... Waiting for sign of retracement is over..
Bias still up....
Updated @ 5.30 PM..
4Hr Trend Up.. Price In rangebound...
If price closed below 154.40... 4Hr Trend Change To Bear...
If price closed above 155.20... Retracement is Over...
So i will play with last 4hr candle... Look like pin bar reject fibbo 50%... My entry may not hit as momentum do not suggest for new high on current 4hr candle...
Update @ 8.00 PM
New Pin Bar.. Price still in rangebound... Uncle Ben Testimonial in 2Hrs..
The Best Strategy.. Stay away from market until the event... Since this morning; fundamental sentiment suggest on US Dollar Strong.. Now, that sentiment may change (based what im seeing now on my technical chart) So better wait for news fully digested...
By Owner of Caripips Blog
W: OP: 154.40 RG:150.38 RS:154.43 M:Ab0Up... T: Up
T: OP: 155.54 RG: :151.67 RS: 154.7x M:Ab0Ret.. T:Up
Fun-The-Mental...
Tonite - Uncle Ben testifies...
Technical....
4Hr Trend - Still Up.. Price In Rangebound....
Daily suggest price may retrace to 154.6xx - 155.0xx..
I will wait for sign of retracement is over today before decide any trade... Bias is Up...
Updated @ 12.10 Noon
4Hr Trend Still Up.. Price in rangebound... Waiting for sign of retracement is over..
Bias still up....
Updated @ 5.30 PM..
4Hr Trend Up.. Price In rangebound...
If price closed below 154.40... 4Hr Trend Change To Bear...
If price closed above 155.20... Retracement is Over...
So i will play with last 4hr candle... Look like pin bar reject fibbo 50%... My entry may not hit as momentum do not suggest for new high on current 4hr candle...
Update @ 8.00 PM
New Pin Bar.. Price still in rangebound... Uncle Ben Testimonial in 2Hrs..
The Best Strategy.. Stay away from market until the event... Since this morning; fundamental sentiment suggest on US Dollar Strong.. Now, that sentiment may change (based what im seeing now on my technical chart) So better wait for news fully digested...
By Owner of Caripips Blog
W: OP: 154.40 RG:150.38 RS:154.43 M:Ab0Up... T: Up
T: OP: 155.54 RG: :151.67 RS: 154.7x M:Ab0Ret.. T:Up
2 comments:
@admin
gempak ke uncle ben tu ckp ??
@kuchai
Bila uncle Ben bagi testimonial.. masa QA tu unpredictable.. Salah jawap; orang ingat bagi clue untuk naik interest rate... USD akan strong... Kalau bagi klu interest rate down.. USD akan weak.... So Uncle Ben nie orang penting untuk tunjuk halatuju interest rate... sebab tu penting...
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