Friday 20 August 2010

Normally on Friday are great not to open any trades, because its end day of the week, we dont want to carry any trade to Mondays. Scared gap happen on Monday then we can loss more than we expect. So its better no trade or better way wait for the right signal and closed before market closed.

* nothing can do today when my internet connection are not stable today since morning till now. Now have connection a few minutes later lost connection so i decide no trade for today because i already loss before because of connection trouble when cannot closed the trade, make me loss more than 500usd 3 time.

Will see on Monday to continues my trading.

Just quick analysis, Euro/usd break the fibo line at 100.00 price 1.2733 from top range fibo at price 1.3334. What i know the best support are at 1.2600.

While GPB/USD, already break the low 1.5496, just wanna confirm with open candle below that line. From top GBP/USD already 4 time failed to attempt break EMA 72 line this show down-trend are to strong. So watch out if you wanna long/buy. Only FA support GBP from fall down heavily.