Wednesday, 4 August 2010

My Forecasts

14:15GMT No Major updates as I suspect the levels we are seeing is temp and T'mrrows data release like Interest rate may hold some bigger momentum. I'm still holding SHORTs in GBPUSD & EURUSD while LONGs (risky ones) in JPYs
08:05GMT JPYs

08:00GMT I was waiting for GBPUSD to make-up its mind; still showing mixed signal. EURUSD is still pointing down but as I said we are looking at slide. JPYs surely into a role but my guess is that it will do stop hunts either side to make traders nervous.
01:20GMT Good Morning Friends, GBPUSD & EURUSD is going UP and might try to stay in same range. JPYs testing new lows. Waiting for PMI data release.. will update if the current trend thinks about reverse.
Posted by Jeeson Augustine

2 comments:

  1. Richard Ruskin4 August 2010 at 09:21

    Love the new pattern wall. Is it yours or is it available to us regular folks?
    FYI, the last 2 weeks have not been as easy for the 1 min strat (for me) as the month or two before. I seem to have to hold for much longer to get back to positive. It is however, "helping" me to hold for larger targets. (I always want to see the positive).

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  2. Jeeson Augustine4 August 2010 at 13:29

    I tried these walls for 3 months and it certainly helps, I'm not sure whether it is available as it is. But the levels are available as Fibo Support/Resistence. I'm working on 1 min & 5 min fibo since last month but no major success yet - some tweaking needed..

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