forex:traderexpert

governed by ForexTraderExpert

forex:traderexpert

governed by ForexTraderExpert

forex:traderexpert

governed by ForexTraderExpert

forex:traderexpert

governed by ForexTraderExpert

forex:traderexpert

governed by ForexTraderExpert

Thursday, July 5, 2012

Forex: Fibo "the leading indicator"

I updated my trading based on fibo early this week.its work pretty awesome. I closed my trading with 130pips++. Eventhough i saw EU will go down further, i decided to closed my trade earlier. Because at H4, got strong support there around 1.2510. And not to forget this week got NFP. Yet still vote for EU to continue for bearish, hehe..
just my 2 cent. Fibo is the best leading indicator. believe with it.

Monday, July 2, 2012

Forex: Eur/Usd prediction for this week

According to my analysis based on Fibo, EU already completed retracement for downtrend and tomorrow will continue its journey to the south area a.k.a Bearish mode. The reason i said so because lime fibo(major fibo - bearish mode) already completed at area 78% which is strong resistant whereby mid term Fibo (blue-bullish trend) on last friday already projected to 78% bullish area after retrace from 38%. If you noticed, at that area, there is also 78% for main fibo (lime) provide very strong resistant for EU to overcome.So, in my opinion, its time for EU to resume its downtrend tomorrow.
-just my 2cent opinion.-

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