12:00GMT GBPUSD about to reverse the trend now at 1.6230
10:10GMT {testing Liquidity} +64% GBPUSD now 1.6250 Sell [40pips success]
09:40GMT Caution - Some of the trends can be longer and larger as we are waiting for very important data for today & t'mrrow. Some players may take their positions now for UK unemployment & US PPI + Fed Rate.
09:00GMT Both GBPUSD & EURUSD with EURJPY achieved Close targets and below [***]
02:20GMT As predicted 4 pairs are making their way down - very slow [***] Book your +ve pips 1.6240s, 143.98, 129.40s and 1.4590s
00:00GMT Good Morning Friends, It will be a boring day with low volume and no significant data releases. But its tuesday the busy day of the week. GBPUSD, GBPJPY, EURJPY and EURUSD 1 hr RSIs' are above 70s. This is identifies that we are going to see fall from this point-on. "When" is the question. Hope you earn some good pips today!!!
Just a small note that my target for today is zero pips as my trading is blocked by broker during account transfer - so my work is minimal for this week. I'll be back with full energy and usual 2000+pips from 3rd week of Jan'2010. Till then I'll be doing 100-500 per week.
Tuesday, 15 December 2009
Subscribe to:
Post Comments (Atom)
Just wanted to check my understanding of your stratergy. Your prediction that EU would test lower blue line and go down to 1450,s has now been achieved. With the lower blue line being tested and RSI 8hr 17 4hr 17 and 1hr at 21 is this now a good point to enter or is there another confirmation you would wait for?
ReplyDeleteThough 8 hr channel lines are achieved I'll stick with 12/24 hrs BUY Levels for big Longs; you can try small lots now or 1min blue channels
ReplyDelete1min L_BLUEs are safest bets - once it reaches 12 hrs level then go for bigger lots. There is no doubt that EURUSD must achieve 8 hrs U_GREEN Line soon.
ReplyDeleteOne more aspect - b'cus market volumes are thin 1 or 2 big players can drive market crazy during data releases - i.e going 423% levels in a flash. This will be one big reason I'll try to avoid alerts at this moment or till early Jan.
ReplyDeleteThanks for your help. Do you use the same setting for 1m with eu as we do for gj?
ReplyDeleteyes at this moment..
ReplyDeleteWhich broker did you decided to transfer to?
ReplyDeleteSame FXPro but my account transfer from current broker was delayed as my open trades must close. Now I'm running on very thin trading - right time to transfer.
ReplyDelete