Thursday, 3 December 2009

My Forecast


13:20GMT Cesar's GBPUSD work


12:10GMT Big volumes in for GBPJPY & EURJPY expecting big moves
11:40GMT expecting GBPUSD big move in few bars (15mins chart) now 1.6654 - RSI shows drop
11:30GMT Today morning GBPUSD completed 88.6% of retracement (Bat bearish patten) old chart with 78.6% was

Once again Upside strengthens then next stops (Butterfly bearish pattern) are 127% near to 1.6870 or 161.8% near to 1.7034. With USD data due today & t'mrrow big moves are expected so book quick profits.
08:20GMT Offload major part of GBPJPY around 145.70s and the let the remaining part do 145.00 target. A short-stop hunt is possible after 145.70s [**]
07:50GMT Hold onto the SELLs based on yesterday's & today's SELL levels; when volume increases you will see all +ve pips.[**]
04:50GMT GBPJPY is ready for the drop from 24 hrs SELL levels - now 146.32 first target 145.00
[**][----] doing highs again - will stick with my 24hrs level
03:00GMT Last 2 hrs I was admiring our 1min chart BLUE & GREEN channels in GBPJPY & EURJPY. The U_GREEN lines were acting as trend support - fantastic result.
00:00GMT GBPUSD liquidity ratio says it is almost about to drop - hold onto your Shorts.
00:00GMT Good Morning Friends, Still recovering from my lost trading days and the worst part is that the problems are not sorted-out yet. I know the updates are not happening but will try my best as it is part of my life now. I hope the strategy we worked out is giving you the best pips. Yesterday's call for GBPs drop was delayed later as players decided to hold on for longer. They played with USDJPY a bit today. Most of the JPYs hitting SELL levels but please check 8 hrs charts in weekly outlook before taking any shorts on those pairs. There will be another drop in JPY but it will be a technical one not drived by liquidity. From 3:00 GMT today we will see another trend start in all JPY.[*****] EURO GDP is due careful with EURGBP is still selling and sinking.

1 comment:

  1. Rich - if u have noticed GBPUSD reached near +65% in provider ratio & then started to fall a bit. We need to montior this indicator to test what happens every 30 mins

    ReplyDelete

Followers