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Thursday 12 November 2009

ROC vs US$ vs IDR

US$ has led the world of economy for long time. It has become one of the strongest currency on earth, yet it's one of the most liquid & valid.

Since, the 2008 crisis, US' economy seemed to be a little bit slowing down, and it hasn't recovered yet, as it posted its unemployment is still high.

The latest issue of the strongest economic country, China, which has the most reserve which is around US$2 billion, is rumoured to do a great supply of US$ which might degrade the US$ value.

Will it be the next crisis??
As US$ is slowing down these days, people are selling US$. Will the great excess supply of US$ really happen??
 We just can wait & see the timed-bomb, enlarge your cash amount is better....

Happy Trading^^
Disclaimer ON!!!

Correction to CPIN

Yes, today it corrected it's position, but you can see the candle which is uptrending....
Very uptrending, eventhough tomorrow it might not go up, you can still wait, as this company is quite reliable.

I'll show you the chart. This chart is ambiguous, there's a long term uptrend. But today it created a bearish engulfing pattern, which is a reversal signal....
Beware!!!
^^
Happy Trading....^^
Disclaimer ON!!!




The Chick is sexy???

CPIN (PT Charoen Pokphand Indonesia Tbk) might be good technically cause it's said that it has just passed its resistant of 2200,but remember there might be a little bit of correction today....

So if you want to make profit, read the graph & let your profit run.

Happy Trading....^^
Disclaimer ON!!!