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GBP - USD MAY 05 2009 ( RESULT LOSS )

Initiated short with S/R at 1.5081. While 1.5050 caps we will look for another dip towards 1.4760 where we will look to go long. Daily and weekly techs still overbought and daily momentum is failing. 5/15 daily MA crossover remains bullish and a continued hold above 1.4760 will see a decent break of 1.5050 eventually.

TODAY SIGNAL

TIME RELEASE : 2.31 PM ( M'SIA )

SELL : 1.4995 TARGET : 1.4984

* Don't forget to use stoploss


1 comment:

  1. Hi! Nice blog you have here. Thanks for visiting my blog. Take care friend!

    ReplyDelete

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