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What is Spread in Forex and how to Calculate it?
3 years ago
Wednesday, November 4, 2009
Tuesday, November 3, 2009
RESULT OF SIGNAL - GBP/USD 30 OCT 2009 & 3 NOV 2009
GBP/USD TICKET 1795186 I made pending order on 30 oct 2009 closed it on the same day but not hit the target but gain 145 pips.
GBP/USD TICKET 18127119 I made pending order on 2 Nov 2009 close it 3 Nov 2009 after hit the target - gain 80pips
GBP/USD-WAVE-UPDATE
As predicted before, the trend bearish until the lowest price 1.6268! Now, i am doing analysis the small correction C(ii).
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GBP/USD-WAVE-UPDATE
My prediction before, the the progression of wave C will be bullish in its correction until the area 1.6461, but the price until 1.6483. Anyway it is still under range price to start bearish again for this coming Tuesday(most probably) until the point C(i) as I predicted before. The point C i target is 1.6303 according to the fibo level 123.0. So I made decision sell stop at 1.6390 and target exit at 1.6310.
LATEST SIGNAL
GBP/USD SELL STOP 1.6390 TARGET = 1.6310 STOP LOST = 1.6430
GBP/JPY SELL LIMIT 149.00 TARGET = 145.60 STOP LOST = 151.20
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GJ-WAVE-UPDATE
TOKYO OPEN MARKET AGGRESSIVELY! On the monday(2nov2009) morning, Tokyo open market aggresively and made my profit GBP/JPY and GBP/USD. I will show you later my result for monday morning and floating position that I closed yesterday. Meanwhile LONDON market open follow the previous trend (bearish), US market open making some correction. As discussed before, (In the bigger picture at the TFH1, achieve the price at area 151.99 (fibo 78.6), will give another indication that this coming trend will be BULLISH.
Any movement in other direction down below to the price or point "a" and break the yellow trendline, will deny the assumption above), we can see the trend moving bearish. Through my observation, the lowest point (I indicate c3) 145.71 in this week, will be the support S1 to confirm that this bearish continous trend will be end 123.0 fibo(144.30) from the top 0.0 fibo(151.69). Anyway the momentum of this pair sometimes will be end at 138.2 fibo(143.34).please refer to the chart GJTF H1 above and myfocus at the blue area. So happy trading for all of you.
Read more...
Any movement in other direction down below to the price or point "a" and break the yellow trendline, will deny the assumption above), we can see the trend moving bearish. Through my observation, the lowest point (I indicate c3) 145.71 in this week, will be the support S1 to confirm that this bearish continous trend will be end 123.0 fibo(144.30) from the top 0.0 fibo(151.69). Anyway the momentum of this pair sometimes will be end at 138.2 fibo(143.34).please refer to the chart GJTF H1 above and myfocus at the blue area. So happy trading for all of you.
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