15:50GMT Players closing their positions - this is significant levels may be longterm trends can be seen for next week
12:40GMT GBPJPY down trend -
12:20GMT Calm before the storm.
10:30GMT SEll EURUSD target 40 pips now 1.4769
09:50GMT waiting for action - no forecast as volumes are low
08:00GMT GBPJPY sell above 145.35 and EURJPY 131.32 for 80-100 pips down. now at 144.85 & 130.75
03:40GMT GBPJPY completed 38.2% reverse when it reached 144.65 now we are expecting a drop to 143.20-10 region for pattern's next stage. If players are holding this level for long then expect today's SELL levels as next stop.
01:00GMT My PendingOrder - EURJPY - Long 126.85 target 130.55 [ Cancelled] Price reached 130.55
01:00GMT Cesar says :{EURJPY as per yesterday's forecast}
00:00GMT Good Morning Friends, sorry for last 48 hours; in short - situation not in my control. Today its USD day starting with Retail sales to ex-Autos and ending with Consumer Index. Looking at last 72 hours 1 hr chart; I see players holding most of the pairs at low. They want traders to do LONGs and then try stop-hunts again. So when you see drops it will be stop-hunt not trends. As you can see 12hrs & 24hrs BUY levels was achieved for last 2-3 days my bets are on going to t'mrrow's (Friday-Monday) SELL levels.
with fx not being a centralised market how do you measure the volume?
ReplyDeleteI get volume function in MT4 ( I guess few providers), then bloomberg facility and I compare that of with liquidity ratio that I display in blog. 90% of chances that I've success in the entries.
ReplyDeletegreat call on eu I was too cautious and took 10pips just prior to the new.
ReplyDeletenews
ReplyDeleteIm now holding longs on gj which are from a few days ago and now im in short on the sell at 145,22 which is hedging my position so feeling comfortable with this but just to ask does this happen often with the buy sell levels?
ReplyDeleteAs mentioned before mid of December will be different from normal trading as big players/traders will book profit and go away for holidays. Longs are safe in JPYs it will book +ve pips and will cover the charges too.
ReplyDeleteJust to add on previous note - if you trace previous BUY/SELL levels when price touch 261% or 423% then you need to lower the expectation. Don't wait for 100 pips on 12 hrs BUY level of previous day; instead BUY one more near 261 or 423 with target 200 pips and then make 12 hrs level as 30 pips target; bit of management.
ReplyDeletethanks for your help you must be just about finished for the weekend so have a great weekend. I look forward to mystic megs predictions next week.
ReplyDelete