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Tuesday, November 18, 2008

FX talks #1

November coming to the ends.... be careful all trader, big Jaws in da house ....joking only....Normally, during this time, people in west prepare to go for long holiday, namely Christmas and New Year. So, they already start to pack their account for auditing..etc.....
so this will create uncertainty to the market......Fundamentally....better out of trade rather than got burnt in the ends...

Chart wise....we saw GU and GY made a rally of 400+ pips today to break the 1.5 psycho barrier and 145.00....whether this support can prolong or not...i dont know. We just follow where the market goes and try to catch the opportunity wherever it is....
sengihnampakgigiso cheers everybody.

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