11:50GMT GBPUSD expected to land 100 pips downin next 6-8 hrs (stophunt is limited) now 1.6670
11:40GMT EURJPY to hit 130.90 now 131.55
08:30GMT GBPUSD drop is delayed again we are now going to see double top in 1hr chart.
07:40GMT AUDUSD dropped as mentioned during chat session [***]
07:30GMT USDJPY planning to drop don't know the depth yet but 40-50pips now 87.21
05:30GMT Any +ve pips GBPs LONGs close it before or during UK session OPEN time. Expecting Dip after UK session start if day is normal.[**] bit early than the deadline "euro session"
04:10GMT For those looking for my plan on GBPUSD - I do see harmonic Crab pattern so I'll sell near 1.6637 and then target 1.6446 [**] 180pips in next 12-30 hrs not bad at all. Second target if it really sinks is 1.6320
Butteryfly pattern 78.6% retracement in GBPUSD completed!!!
Now the last leg of retracement is start of inverse pattern i.e crab pattern
04:00GMT Today morning Gold breached new high 1,205/Oz - you know the direction we are heading. Previous chart targets post in my blog
03:20GMT Get ready for GBPs fishing friends; SHORT anywhere near 1.6700ish [****]and wait for 150 pips down. GBPJPY SELL levels is the best recommended levels. {12 hrs STRATEGY}
00:00GMT Good Morning friends, yesterday was an awful day for me. There will be no names left in my fustration on utility suppliers. I did a bump-and-run trading strategy i.e my emergency time trading strategy. I look into SELL/BUY levels place trades with 45-80 pips apart between those levels. I'm happy that it clicked with 280ish pips without me watching the market. Now coming back to the new day - today. GBPUSD looks oversold with -60% in ratio. But till it reaches -80% we can assume that it can test resistence. Today and t'mrrow watchout for EURs. It will be like a mad-dog; yes it can bite you and it can hurt your purse. T'mrrow EU's GDP will finish current sentiments. As IMF chief said EURO is most overvalued at this moment I do see it reversing recent trends.Timescale is not known; even delta strategy traders gave up on this pair. So careful with EURs; big players are betting for SHORT but I'm sure players are ready with folded sleeves.
With the ratio stratergy is this not the same as trading with the consumer index or am i missing something?
ReplyDeleteopposite to consumer index provider provides liquidity to consumer - i thought to highlight it in static section - nothing special.
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