Posted by millionaire | Wednesday, January 28, 2009 | , | 0 comments »


hello trader,

Look like cable chart above show a strong rebound toward 1.4355 resistance,while the major trend still down,i favor to sell cable toward 1.3530 as a first target and 1.30 2nd target,we have a risk toward 1.4355,every movement toward this resistance should seen as a chance to sell.We could not deny a breakout above 1.4355.Do not forget to minimize our risk,stop loss should be in place around 1.44 to 1.4500.



Euro above show the same pattern like cable before,they bounce as a correction to collect some energy for rolling to downward again^^.

While this bouncing should limited below 1.3385 i favor to sell euro toward 1.2770 as a 1st target and 1.2330 as a 2nd target.don't forget to put our stop loss around 1.3500.

ok enuz for this time..good luck everybody.set up your trade and close your chart,see the next days or after to collect your reward^^.

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