Jumaat, Mac 28, 2008

Pipkeeper's Trading Journal

Pending Order has been put to Long Euro at 1.5905 with an initial stop-loss at 1.5800. We are waiting for a breakout of 1.5903, which is the recent high level - initial resistance. Technically and Fundamentally, the Euro is still Bullish. Just sit back, monitor and wait for the pending order to be triggered.

Recent statement from Bank Negara Governor, Tan Sri Dr. Zeti Akhtar that Bank Negara has no immediate plan to remove the ban on offshore trading of Ringgit. Gee, i'm patiently waiting for our Ringgit to be available for trading as other currencies. Just imagine, how many profit would be gain in this recent months by just long Ringgit and short USD.

* This analysis is only for Pipkeeper and not for public usage.

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