Friday, 27 November 2009

My Forecast


16:30GMT Not much action as the market is following Dow Jones; Meanwhile I completed my second best PIPs-haul today. 100 Pips less than the best in a day
10:40GMT We are waiting for GBPUSD thrashing - below 1.62-1.60 will be the range as Fin.Minister will make some bad statement soon.
10:00GMT GBPJPY is getting ready for another DOWN hunt
07:50GMT GBPUSD should do a cushion landing at 1.6250-00 below this is range will be a good buy zone for a small reversal - expecting another drop after FTSE starts its major fall [**] Still waiting for FTSE major fall
05:40GMT GBPJPY expected to drop again now at 141.53 may score 40 pips up then drop for lows. [*****]
04:40GMT Dubai sheiks wipped off 14bln GBPs in 1 day - OOps!! if you get it you will be listed in forbes ;D
04:30GMT EURJPY reversal targets T1 -128.92 T2 -130.21
04:30GMT USDJPY reversal targets T1 -86.48 T2 -88.21
04:20GMT GBPJPY reversal targets T1 - 142.38 T2 -144.27

03:00GMT Yesterday's was investor panic as Gulf government control companies was downgraded. So we know the reason now - this may impact our reversal plans. We will have to wait for Japan market close to check whether there is any reversal to 61.8%. I 'll call it Dubai-Mess nightmare.
00:00GMT Good Morning Friends, Since my claim of GBP & JPY bubble - GBPs was burst yesterday and hopeful about JPYs today or mid next week. JPYs are allowing importers to take advantage - sheer greed! Players first handled GBPs reverse & booked truck load of profit; now I guess they are planning ship load of profit. The story of the day will be GBPJPY as it is the cross handling both bubbles. Today morning we saw violence in GBPJPY dipped below 139.60s and then came back above 141.00. I hope all my friends booked big pips. 423% levels demand big pips reversal at this moment it will depend on governments to takecare.Today morning I missed the JPYs ride after data release - I think it was around 300-400 pips. Early part of november I felt I was climbing Alps now I feel that I'm in a submarine diving in pacific. I'm happy that my BUY/SELL levels are still holding on (with 261-423% that I warned); even when we are seeing 14 years lows & highs. I must call it "extreme vertical limits"!!!
As promised ENV4488 strategy:: What happens when Blue line run into Green channel?



2 comments:

  1. This is a little confusing.
    I think your saying, follow the green channel?
    Triangles are an available indicator or a "Jeesoncator" only?

    ReplyDelete
  2. Triangles are just a symbol I tried to identify the UP/DOWN position; triangles are formed by Green & blue lines "not as a indicator"

    ReplyDelete

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