Friday, January 23, 2009

EURUSD Friday, Jan 23

This morning EURUSD & GBPUSD already give me very nice pips hehehehehe. So, here is my new Buy on EURUSD. no target, it's friday and i will close my position just by price Action now....

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Have just hit my +1 SL and price look like continous down... Just waiting another moment and wait London Open.... dangerous


GBPUSD Friday, Jan 23

Actually this morning (Indonesian time) i've already open two Sell position too for GBPUSD and already lock at profit (1.3869). If i saw current condition 1.3722 could be the next target for GBPUSD. My Momentum and Relative Strength Currency tell me there is still have enough power to move down. We'll see then

EURUSD Friday, Jan 23

I have already lock my profit at 1.3007. No pressure now.. hehehehehehe... So, what i have to do now ? OK, currently EURUSD still in consolidation zone (price still in BB 24 SD 1 area). I'm waiting she could change her phase to Trending Down phase or not... and Lower BB 24 SD 1 will be my confirmation level now. If price play below Lower BB 24 SD 1 in the next hour.. i will keep my Sell open but if not, so i will close my position with profit heuheuheu....

The reason why i still hold my position is... if you check my chart (H1) you can see my RS Group & Momentum indicator tell me that down move still valid. We'll see then....

EURUSD Friday, Jan 23

I close my Buy position with +60 pips yesterday. I decided to close it because it's looks like EURUSD still in consolidation fase. I was not post my position after that, but i think you know what i did then hehehehehe a lot green.. huahahahahaha. Consolidation is the best fase to collect the pips, open long term position etc...

OK, D1 level set up still not change, I still use it. But, now we go to smaller TF because it's consolidation fase not trending. I made new KG Level there (White color), it's clear enough that price play in SD +0.5 (1.3021) to SD -0.5 (1.2890)area. I put BB 24 SD 1 too on my H1 TF, and it's show me too that consolidation fase really happened on Daily trend.

So, what i have to do ? hehehehehe I have already open two sell (1.3008 & 1.30017) on the top of consolidation fase. 1.3030 will be my SL and 1.2955 will be my first TP. I will watch this like an eagle...