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Holygrail

I've been looking for the Holygrail in forex for the rest of my life. Recently I really found it.

"The real holygrail in forex is to understand there is no holygrail."

That's it. The one who are able to understand what's that mean will really find the holygrail.

- BlueDreamFx-


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Wednesday, April 16, 2008

GBPJPY : Which way?

9:19 AM GMT8



Price play around
low : 199.28
high : 200.11


M5 to M15 : Price might up for a while...

H4 to M30 : Strong support at 198.04 and it seems to form double bottom. As I usually said... wait price to break high to confirm...

At least if price break 200.11, the price will play around 200.11 - 200.75 where i defind this area as BUY zone...

And if price could break 200.75, it would be confirmation of BULLISH.... (i'm always talking about probabilities)


How ever... if price break low 199.28, price will play around 199.28 and 198.04... SELL zone.

And if break 198.04.... it could mean confirmation of BEARISH


P/S BlueDream Sistem Preferred to wait for BULLISH confirmation

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