Tuesday, April 14, 2009

Trade Results - 13 April 2009

As we having difficulty to foresee the market direction monday based on the previous analysis. I have decided to follow the market, and scalp it along the way. So below is the result from EUR-USD and GBP-USD pairs traded on monday. Roughly around 70+ pips.

What we have witness on Monday is GBP-USD continue its intermediate correction upside and EUR-USD also do a minor upside movement temporarily on Monday, and today Tues 14 it goes down again. Both pairs is expected to be volatile over the period of this month where 4 hours time frames indicators plays very important roles especially slow stochastic.

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