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Friday, 05 February 2010 00:00
Trading Entry and Exit Analysis
The British Pound


Comment

GBP
Multi day lows should be near completion. It allow us counted the downside movement as 5 waves pattern. All momentum already reached its oversold zone coincidence with end of wave 5 target. Buying opportunity ahead.


 

System

Astronacci
ASTRONACCITM Trading System by Stocksforliving Indonesia,Ltd

Momentum

All oversold.

Pattern

End of Wave 5 in progress.

Price

Expected EOW 5 target at 1.5690-1.5695.

Time

GMT 1300 for the end of wave 5 – Feb 5,2010.

Trading Advises

Go long at that area with 50 pips Stop loss and 250 Take profit target.

 


Analyst Certification:
The views expressed in this research report accurately reflect the analyst’s personal views about any and all of the subject securities or issuers; and no part of the research analyst’s compensation was, is, or, will be, directly, indirectlyrelated to the specific recommendations or views expressed in the report.
Stocksforliving Indonesia,Ltd ©2008 All rights reserved. Except as specifically permitted, no part of this presentation may be reproduced or distributed in any manner without the prior written permission of Stocksforliving Indonesia,Ltd.

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Last Updated on Friday, 05 February 2010 12:35
 
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