11:50GMT All the way down - Yes, DOWN in 4 Hours chart My target is 1.6490
11:40GMT Last 3 hours players are holding most of the pairs high and EURGBP low - NFP should very interesting. Keep Big sells at 261% & 423 levels. Players game can test 261% levels.
09:00GMT EURGBP completed 78.6% reversal and now for the next part of pattern should go UP and test the range 0.9136-61 for 127% to 161.8% target. This points to EUR is held and GBPs dropped - useful clue I guess.
09:00GMT USDJPY triangle formation in 15 mins chart testing both directions -NOT stable
04:30GMT My forecast for GBPUSD is to first small hunt UP i.e 1.6560s and then during NFP test near 1.6430s. Not advising you to take trades on this forecast as I'm only checking my forecast indicators.
04:00GMT EURUSD triangle formation in 5 mins Big move expected in Euro session start; RSI points it down - fingers crossed.
03:30GMT GBPJPY Down trend may be over BUY at 145.50ish for 50 pips UP.[*****]
02:00GMT Cesar at his best:
00:00GMT Good Morning Friends, I hope its "very good" morning for those who made GBPs shorts for last 2-3 days. 95% of forecast worked and GBPJPY surprised me when it made a reverse after doing 145.50s; it was in my forecast. Hope you offloaded big lots. Today we are staring at NFP big day. I was looking into Daily charts of most of the JPYs and GBPs and for some reason I felt like we are standing at a very important technical place. We finished a cyclic event today; if you check my BUY/SELL levels it is almost in similar range as that of 26-Nov-2009 when dubai debt issue was raised. Market took that bullet and still running smooth. Before 26-Nov-2009 there was a small down-trend and suppose to start Up-trend when bullet hit the market. The aspect I'm trying to highlight here is that we are at the base of a mountain in some pairs and at the edge of a cliff. But both are small i.e the height & depth as we are running into christmas. With big holidays and shopping days ahead; if china and india buys more gold then we know what will be the reaction. Hope we can achieve more spot-on forecast like this week - everyday!!!
thanks for your buy/sell levels they have been great. As you have included the 261 and the 423 in todays are you expecting massive moves with the NFP coming out today?
ReplyDeletejust being on safer side. I expect bigger volume for today and players might easeout plus many traders may close their long-term trades. Must move 200-300 pips either way.
ReplyDeleteHope it was useful - atleast 100 pips minimum - I think we beat players twice every week
ReplyDeleteyour system works wonders. still in the gj at 148.68 which is break even so still some mileage in that one. Just got in on your eg tip but a lot further down 90059. Thanks for another great week. Still only operating on a very slow laptop so need to get a new pc to look further at the 1 and 5 min envelopes next week. Have a great weekend.
ReplyDeletecan you tell me what spec pc and the projector you used as i may consider using a projector?
ReplyDeleteUJ was perfect for my 8 hrs chart. Hold onto EG entry; there may be some more dip but not very deep. GBPUSD worked as planned. I think JPYs are at a small sells position. But players may push it to upper blue line in 8 hrs.
ReplyDeleteProjectors buy cheap ones as you need it working for long hours. My each one last 2 years with 4 or 5 bulb changes in its lifetime. But you can always earn that kind of money in FX.