Wednesday, December 24, 2008

Today note 24 Dec 08

Some big boy stop to trade today for the Christmas holiday,we are better to stay out the market.If you got any trade,remember to put stoploss!

Merry Chirstmas to all !

Tuesday, December 23, 2008

Eur,GBP and Jpy 23 Dec 08

Eur test short the same level yesterday or 1.4150
Cutloss above 1.4205 level
Short again 1.4305 level for hold position and move your stoploss.

Pound sell 1.4995 or 1.5080 level
Cutloss above 1.5160
Target 1.4705 and 1.4580

Jpy buy 89.80 or 90.05
cutloss below 8930
Target 90.85 or 91.30 for intraday trading

Please move the stoploss to protect your order

Dow Jones today 23 Dec 08

Still short Dj now or 8630-8660 level
Target 8250,8230 and 8210 level
Stoploss above 8710 level

Sunday, December 21, 2008

Nikkei for monday opening 22 Dec 08


Nikkei may have a gap down for Moday drop to 8420 and 8380 level when market already fill the gap then can drop more.Let me see the price move for the first day of week to confirm the trend.

Gold for monday 22 Dec 08

Gold also come together with Eur for once more down move.

The level 855 become the resistance to test short for target 815 if gold break down 830 level.

Forex trading for Monday 22 Dec 08

I do my commentary on Sunday.So my view for tomorrow now:

1. Eur/Usd will rebounds to 1.4180-1.4230 before drop again to 1.3650 if it never break up 1.4360,my view still wait to short for 1 dow move.

2 Pound follows Eur to rebound around 1.5115 and 1.5180 before drop.Big resistance now 1.5280

3. Usd/Jpy looks trade in range 88.50-92.60,still on downtrend

4. Aud/Usd is the same Eur and Pound,can short 0.6920 for Monday resistance then it can go down around 0.6680 level