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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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Tuesday, April 15, 2008

GBPJPY : Overview

01:05PM GMT8
At the moment market price play around
Low : 198.42
High : 199.66

M5-H1 : It seems like correction phase and waiting for bearish continuation
H4 : There are 2 critical point .... strong support level
Last Thursday's Low198.04
Last Friday's Low 198.42

BlueDream system preferred to wait for BULLISH signal... only if bull candle break 199.66.
The BULLISH prediction of where the price could go in long term is at least must break 201.88.

How ever... if price could break Last Thursday's Low 198.04 from this current point, it could mean... major BEARISH continuation.... and I expect price would play between 198.04 and 192.54

There are still 2 possibilities...

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