My Next Week Calculation.

There are two important/interesting news will be happening next week on Thursday and Friday nights. By the word interesting, I mean traders will have some potential to gain decent profits. The ECB interest rate announcement, which is widely to raise rate to 3.75% at 8.45 p.m. Malaysian time, followed by the President Trichet statement at 9.30 p.m. also Malaysian time.

My trading strategies next week:
1-Buy at 1.3140-50 (4-H stochastic MUST be oversold, and 15-M MACD must be in negative zone)
2-Sell at around 1.3230-50 (4-H stochastic must be overbought, and 15-MACD must be in positive zone)

My trading method is simple, it's almost ridiculous. But for me, even the complicated thing needs a simple approach. The essential thing is always put your stop loss, because with the big-daddy NFP upon us, the breakout might be on the way..
See you soon...