KLBF - opportunity for BOW

There's an opportunity in KLBF, at 26 Jan 2011, it broke downtrend line but the next day retrace again and the downtrend line became support. I taught we could enter at the low candle (2875 - mini lot) and let the price kiss goodbye to its downtrend line and if it break 3000 as confirmation of bull, we add position with full power with the target price in short term is around 3350-3400. Stop loss set at 2750. If the trend is still powerful, it could be back to 3600-3825.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

CPIN - fibonacci

Interesting fibonacci!! We have opportunity to trading based on fibonacci retracement, as if tomorrow's candle can close > fibo 23.6% (1540) with target price fibo 50% (1700). Stop loss if candle close below 1540 (false break). Want to try? But, tomorrow is Friday, so be very careful, put your order near 4:00 pm to make sure the form of the candle at close.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~