My forecast 04-November-2009

[PROFITABLE/SUCCESS-*****] Please note I never hedge.

16:30GMT As predicted today morning EURGBP directions are wild and hope those who held LONGs on any EUR from yesterday should have booked 100 pips
16:00GMT Expect fireworks in all crosses not sure about majors but I feel two levels of target tp be achieved before consolidation - good luck with data release.
11:30GMT GBPUSD Targets in descending -1.6458,1.6365,1.6316,1.6175
11:30GMT EURJPY Targets in descending - 133.22,131.28, 129.33
11:30GMT GBPJPY Targets in descending - 148.97, 148.28, 147.30, 146.34
10:30GMT GBPJPY to hit slide trend strong resistence line @150.51 then reverse to 148.87
09:20GMT All GBPs are 33K feets above sea level with BOE QE statement due t'mrrow
09:10GMT Players pushing for Fibo long-term levels in GBPs -1.6562 & 150.31
08:40GMT Close all Longs on GBPs now - GBPs are capped check the market rumours [reaching fxtratosphere]
08:30GMT Now GU@1.6480,GJ@149.44,EJ@133.80- target 80 PIPS down
06:20GMT GBPs now 1.6434 & 148.44 targets 1.6355 and 147.85 enter when 20-30 pips UP
05:10GMT Asian markets +ve but near to flat
05:00GMT UK Market Clues - Govt injected another 37bn GBP into RBS & lloyds banks shows bailout banks are sinking. Pretty bad news for GBPs
04:10GMT Trading subdued actions expected during start of Euro session
04:00GMT GBPUSD now at 1.6410 target 1.6355
03:40GMT GBPJPY now 148.04 target 148.40 & EURJPY 132.91 target 133.30[*****]PERFECT!!!
02:40GMT Expecting an UP trend for booking SELL entries in all JPYs expecting 40pips up from current (02:40GMT) levels before/during 07:30 GMT[*****]PERFECT!!!
02:10GMT FX Wall "24hrs intentions" GU -weak bear, EU-good bear, EG - wild bear, GJ - Strong bear, EJ - Strong bear
01:30GMT As promised - all EURs points to 150-200 pips down- Bearish outlook check the patterns
01:20GMT Major Players are sitting on fence; expected to jump in before FOMC
01:20GMT Market rumours GBPJPY may hit 149 today and then drop to 146 level[***]HALFWAY THERE!!!
01:10GMT EURUSD in UP trend - try SELL>1.4740 target 1.4680 in next 8 hours (I'll wait for 4780 level but I may miss the SELL opportunity)
01:00GMT all JPYs are going to make good pips EURs direction is risky; GBP tried support walls yesterday but failed expected to try again later (US ADP employment data/Fed Rate Decision)
01:00GMT Trade when my call & your strategy confirms the same plus only when needed
00:50GMT EURGBP now @0.8960 low to 0.8955 target 0.8980[***]vice-versa
00:38GMT EURJPY now @132.66 target 133.00 [*****] PERFECT
00:30GMT huge BUYs into EURs in yesterday's european session expect europeans to profit from those trades. Probability of EURs going UP on early/late (based on day's data) european session is high.
00:30GMT some experts claimed huge drop in EURs late in US session - I said BUY in late European session; question is who booked profit!!!
00:30GMT Based on Harmonic pattern JPY crosses will go UP first and then FALL. I'll investigate how EURs going to behave. Prices will be extreme, a jump/fall of 20 pips or so in 2-5 minute frame will confirm the entry.

00:00GMT Today is data day = you should go with market; I'll try my best to get some forecasts with caution.
00:00GMT EURs BUY call was good at levels EU 1.4690-50s & EJ 132-131; hope you booked some profit.
My PIPS Target for today is very low as I'll be focusing on long-term strategy for risk & money management.