12:10GMT Risk in JPY crosses- extreme prices on USDJPY are high as volume has increased. 91.30s and 89.80s will be the key level for crosses to follow. If major breaks above or lower then expect wild 300-400 pips movement in crosses.
05:35GMT A big move is expected in EURUSD (as 1 hr Bollingers band is very narrow)
04:10GMT Trend indicates that GBPs are about to take off -UPtrend now @1.5661 & 142.43
00:00GMT Good Morning Friends, Players are kings again; Yesterday I said "I won't be as excited as you for longs EUR will slide but I'll see it at 1.3740-50s and will look like confused before players make next move" and perfect picture is here.
Less alert yesterday - due to panic market and players games, prices can go extremes. Those who made good calls while sticking to my BUY/SELL levels - congrats for 300 pips.
I didn't take 300 but I didn't go long either.:-)
ReplyDeleteI have long learned that your levels are quite good. Wanting to close the open trades clouds thinking as you well know.
I think today will be the day for EURUSD longs but there are chances that players may look for lowest point t'mrrow as a weekend position and booking more profit from yesterday's Shorts.
ReplyDeleteKeep the open clouds as EUR will soon rise from dead ;-) longterm view is that it should hit high
ReplyDeleteyou expecting gbp to hit 12 hr buy level?
ReplyDeleteChances are higher it may stay near to it.
ReplyDelete