11:25GMT I predicted bit early about GBPs DOWN & EURs UP; though EURs was held GBPs came down.It was predicted yesterday but they decided it for FOMC. Check the Pattern Wall and you will realize that GBPUSD will only stop at 1.56ish. Hope those who held GBPUSD Shorts for last -2 weeks made some money at the end.
07:50GMT Try this hedge with small lots - SELLLIMIT - 112.60 Target 112.30 [*****]BUYLIMIT 112.29 target 112.59 and tell me what happens.
05:45GMT FOMC will be the core factor for direction from later; players will enter in BIG at any time from now. Some already took position for JPYs 4 AM GMT data release.
04:15GMT Long-Term Caution: This drop (or next few weeks) may be the last chance to pick UP for next cycle. Take necessary thinking before SHORTs..

01:40GMT Good Morning Friends, More than forecasts, today I'm into panic Buying :-) in GBPs & JPYs. GBPs almost did 50% and JPYs Buys are always a good choice. GBPUSD bought at 1.5830 though I was thinking at 1.56ish for LONGs. But if you are holding SHORTs not problem at all and book profit when it falls further. EURUSD is certainly unstable as it was held longer than I thought. It may do stop hunts for JPY & EUR data releases so take some caution on lots you risk.

No comments:
Post a Comment