Monday, April 20, 2009

Forex Signal : buy GJ 20 apr 09



GJ analysis :
price try to go up and attemp to break upper bb weekly.(see analysis last week). enter buy when BB daily flat at lower BB. ma 4h n 8h already going up. the only resisstant at ma daily if break price can going to upper bb weekly.
i set tp at lower bb daily tp upper bb daily.
lock +1 ( after 20 pips up),
my prediction :
GJ will try to break middle bb daily but i look ma daily/middle bb daily line still strong down. I will cut loss if ma 4h below ma 8h. and open sell.
if price cant break upper bb weekly I strong recommand to put sell at upper bb weekly.
well see .. prediction for human .. only God knows.
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edit :
loss 45 pips ..2 trade total 90 pips (re buy at lower bb)
the fact that i miss :
trully price is at lower bb daily cant break bb line average and should bi consideration that ma daily still strong bearish and its lower bb weekly.
price going deep down ..till 400 pips around. I already put pending order sell at my sl and tp at middle bb mothly.
win 54 pips ..
look the pic. enter sell after confirmation ma 4h cross ma 8h.
enjoy