Thursday, 12 November 2009
My Forecast
15:30GMT GBPJPY looking to touch the 24hrs BUY level - fingers-crossed
12:20GMT No major forecast - waiting for data release & then look into forecasts (as usual)
08:20GMT BUY GU 1.6540 & GJ 148.40 for 70 pips[***]
06:50GMT SELL GBPJPY @148.91 target 50 pips (High risk - chances of hitting 149.30)[*****]
05:50GMT SELL EURUSD @1.5005-10 target 70 pips (allow 12 hrs time) [*****]
05:40GMT UP hunt before/during Euro session Open in GBPs
05:20GMT Triangle formation in EURJPY testing support - a free fall high possibility
05:00GMT Any brokers offering EURGBP 0.9012 I'll BUY 10 lots for next 1 hr target 9064 [**]
03:50GMT Most of the big banks saying JPY will drop (not sure abt time & depth); just a precaution for JPY crosses - if majors & JPY drops then big drop is in radar for crosses. My 24hrs BUY level will be safe till t'mrrow as I mentioned before there are always "vertical limits"; wishing u safe trading!!!
03:50GMT A trend reversal from earlier this week is seen in GBPs now; whether this is for rest of the month will be confirmed by monday by all players. Still expecting a SELL order hunt for all GBPs i.e a brief UP trend soon.
03:50GMT I guess some big players are reading my blog - as soon as I post an uptrend they drop by 10-15 pips then raise.
00:50GMT EURGBP to go down 30pips from now 0.9036,GBPJPY to go up by 40pips from now 149.37, GBPUSD to go up by 30 pips from now 1.6599[*] only 15 pips
00:GMT Hope you understood the BUY/SELL level strategy yesterday. The levels were confirmed to be safe trading level for maximum PIPs. Last 3 days if you've followed this strategy the maximum PIPs available was around 850. 3 days 850 is not bad at all. Today its EUR & USD day though there will be some consolidation in GBP. I wish GBPs can touch 24hrs BUY level today and the go back to SELL level - getting greedy!!! hmmm
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