SAPIREX IN ANOTHER WORLD

I have no idea to write at this blog, because a lot of work that I have to finished with another blog. Maybe at next month, I will try to post some article at here in forex, ptc or another else topic that inspired me.

I am sorry for this happen, and I will pay at next month or soon. Now, my concentrate to analyze forex has been done and I need some rest from chart and news.

You may have read my previous writing, that the JPY appreciated against the Poundsterling. And in fact, the strengthening continues until the level 132.xx. This incident is not presumed by economists who see the economic development of the world’s currency especially Yen, Pound sterling, and U.S. Dollar. Estimates issued at the time, the Japanese Yen will only be able to press the Pound sterling to the level of 175.xx

JPY against the USD also had a very good strengthening and development, for now this pairs of currency at the position 87.xx Meanwhile, JPY against the EUR on the normal level positions, at the range of 123.xx-126.xx EUR also started strengthening against the USD, after previously was oppressive to the level 1.18xx

In the event such as this, then the carefully traders can take an advantage of the opportunities that will generate large profits or a green pips, while for traders who continue to ensure that the Japanese Yen will stop pressing on 175.xx will have more losses or red pips on their faces.

In the forex trading, when a pairs of currency board or alight, a trader can take a very big advantage when see an opportunity and able to take advantage of them. Open your eyes, continuous review of graph and open your ears for all news about the development of the world that in the economic’s crisis.

USD is very strong at close market last week. I still don’t sure, it will be continue for this week or just a temporary condition. Looking for the chart with technical analyze, this down trend will continue to 1.4500 for EUR/USD pairs, just my prediction as newbie trader.

At close market last week, I have got 185 green pips. That is very good, but at my open position before that I have got 146 red pips. My lost happens because my all indicators says that EUR/USD pairs has reach oversold position, so I take a risk to open buy position. My analyze for read indicators is false at all, and got very much loss. Fortunately, I change to sell position and green pips has come true, and a little dollar has flow to my funds.

For today until Thursday, I think EUR/USD pairs will be sideway, and at Friday it will be down again. That my prediction, but I wish it will continue go down fast and faster starting from tomorrow.

Yesterday, the position of GBP/JPY pairsis very high, at 208.96 That is very high position for GBP/JPY pairs for this month, after May 2, 2008 GBP/JPY pairs up to 209.06 and become down at 199.82 From 199.82 GBP/JPY pairs continuing the step to take a high posistion until yesterday.

EUR/USD pairs become continuously down after reach 1.5818 at May 27, 2008 and yesterday I think the most low for this month at 1.5484

Now, GBP/JPY pairs is starting to slow down, and EUR/USD pairs slow up. I don’t brave to predict the move average for later, cause foreign exchange is very fluctuative and mostly confuse about moving. All indicators that I use say that EUR/USD pairs become up and GBP/JPY pairs become down, but I am not sure.