Thursday, 4 February 2010

My Forecast

09:35GMT Take extra care for GBPs (Interest Rate decision) - chances of GBP whacking is high if QE is not stopped. Chances of GBPUSD to hit 1.5700s are high. If QE is stopped then expect a small Uptrend as market is already expecting it.
09:30GMT Just making aware of the latest drop - US China trade war concerns grow with Toyota and other car makers shares are dropping.
09:20GMT BUYs in many JPY crosses (4 hrs charts are for intra-day levels)

8hrs Chart (overnight levels - good for daily trades - not intraday)

09:05GMT BUY EURJPY 125.59 now target 35 pips UP[****]
05:40GMT Expecting GBPJPY & EURJPY to go UP later; now 144.50 & 126.24 keep an eye on Liquidity table
01:40GMT Jeeson's intraday range (4 hours) valid for 24hrs
BUY below the middle line to lower line (larger lots closer to upper/lower lines)
SELL above the middle line to upper line
General trend direction by channel will help to lower the risk.
Posted by Jeeson Augustine
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8 comments:

  1. Richard Ruskin4 February 2010 at 12:00

    I got dumped off.:-(

    ReplyDelete
  2. Richard Ruskin4 February 2010 at 12:51

    its 720 gmt right now. What time does your 4 hr bar, (on a 4 hr chart) that has 7gmt in it start.

    ReplyDelete
  3. Jeeson Augustine4 February 2010 at 14:42

    Rich I think there was blog server problem during chat time;
    Regarding 4 hr chart is from fxstreet netdania which is web-based the time is 4GMT & then 8GMT bars

    ReplyDelete
  4. Jeeson Augustine4 February 2010 at 14:46

    Adding the latest 4 hrs chart

    ReplyDelete
  5. Richard Ruskin4 February 2010 at 14:47

    I thought that was an issue, mine is 5 then 9.

    ReplyDelete
  6. Jeeson Augustine4 February 2010 at 15:04

    don't worry - as far as you get the boundaries correct then it doesn't matter
    I did post same config for 8 hrs and that too works for overnight. So you can preset ur trades before sleep.

    ReplyDelete
  7. Richard Ruskin4 February 2010 at 22:44

    I hate unforseen events.

    ReplyDelete
  8. Unknown5 February 2010 at 00:54

    Jeeson, I have noticed both gu and eu hit your and players buy level. What are you expecting? Thanks and regards

    ReplyDelete

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