Above is 4h gbp/usd chart,im still view the upside progress like my previous analysis,the immediate target should be place around 1.9850 to 1.9962 zone,2nd target around 1.9962 to 2.0145 zone.and my maximum target around 2.0145 to 2.0450 zone.stop loss below 1.9680 to 1.9620 zone.


Above is gbp/yen 4h chart,i dont want to get in with this pair,since the pattern still not complete and still in overbought zone.If this pattern complete the top should be in place around 211.50,this action should confirm when 1candle open above gathering resistance zone around 209.0 level.

weekly cable above show morning star candlestick pattern,it means reversal.A closing above 23.6% indicate the bounce is strong.I am looking next potential target around 2.0034.if 1daily candle closing above that level the price could extend further toward 2.0457.while pullback should happen anytime,1.9619 minor support should hold the price and bring another rise.if price fail to hold 1.9619 the price have a risk toward 1.9500.Buy limit 1.9660,1.9740 stop loss 1.9600 and buy stop 1.9925 stop loss 1.9810.minima target 2.0025 and max target around 2.0450.


4h chart gbp/yen above show bearish gartley pattern,im looking again for gj to breach 202.65 again,current price still supported with sma 100 hold the price and the lower trendline still strong,but the bearish gartley pattern is one of the reversal harmonic pattern, the adx show early step to falling again.while the price located below 205.80 i prefer to test 203.29,1candle closing below that level should push gj toward 202.65 support,if strong gj should sink further toward 200.61 and bring retest toward 197.23,in case price breakout 206.60.its posibble to challenge 209.00.sell limit below 205.80 to 205.00 zone,stop loss 207 minimum target 203.29 max 197.23.sell stop 204.05..

Makes money with forex

Is it easy,hee...i guess some of you just wasting your money..maybe me too..hahah
erm,I want to share something about trading base on pivot range.I'm like a simple,nor a various indicator in my chart,its makes horror,the more i put,the worse i got..huhu..I think everyone knows about pivot trading.It's simple and easy,i dont want to talk much about pivot,so we continue with pivot range rite,more fun and profitable,easy to learn and i think newbie could understanding it easily,the pivot range really works with me...hee

The rules is simple,4eg,we look at pair gbp/usd weekly

1. first,calculate pivot value,high+low+close/3=pivot,refer candle 24/6/2007,so 2.0084+1.9928+2.0080/3=2.0030
2. Then count a second value,the formula is high+low/2=2nd value,so 2.0084+1.9928/2=2.0006
3. Ok now count different each others,2.0030-2.0006=0.0024
4. Last we could count pivot range,just (-+) a pivot with the differ value,2.0030-0.0024=2.0006 dan 2.0030+0.0024=2.0054..

The conclusion from the calculation above i got the weekly pivot range for gbp/usd is 2. 0006 to 2.0054,means market bias up when price trading above the pivot range,and bias down istead of that.The pivot range not suitable for weekly only,you could do with what you prefer,even daily range,3days range,monthly or 60days.There are so many style trading with pivot,i will post more soon.Knowledge about candlestick give u more sensible about market,more accuracy when u combine candslestick pattern,pivot,suport and ressitant..

My strategy for gbp/usd this week

Buy limit 2.0064,sl 2.0006 take profit =2.0205 or trailing after gain 75pips.