Sunday, April 17, 2011

Week 15 GBPUSD - End of Week review

GBPUSD did not make any move for the week.  Trades have been done on intraday taking small profits.  Let's see if next week would have any opportunity.


Tuesday, April 12, 2011

Week 15 GBPUSD - Quick update

Possible retracement coming.

Sunday, April 10, 2011

Week 15 GBPUSD - New opportunity

Most USD pairs have given strong evidence that price might go higher in coming weeks (obviously not straight line up).  And one thing that we won't know is how high it can go.  As long as there are HH and HLs forming, buy on dips would be a good strategy from week to week till the market change its condition again.




Thursday, April 7, 2011

Week 14 GBPUSD - Thursday update

After coming from Malaysia over the weekend, had some hard time trying to catch up with the market.  Somehow, I think slower than the market than usual.

Anyway, with the rate news coming out tonight, I guess it's a waiting game now.