Thursday, 2 September 2010

My Forecast

16:15GMT Something strange in players mind (at this moment sleeping alligator in 1HR charts) - No fireworks points to even biggest one for NFP t'mrrow. I've few SHORTs in EURUSD and some LONGs in GBPUSD. JPYs are all longs though I won't recommend it for EURJPY.
10:10GMT Get ready for EUR ECB rate & US Initial Claim ..from 11-15GMT all our pairs must rock. My indicators are showing EUR looking DOWN & GBPs another slide before the jump up. But ECB should give EURs an UP trend..
04:05GMT V.busy with Tweet API as they changed the Basic to Oauth.. needs some programming ..will update the levels soon meanwhile stick with Daily walls..and ready for t'mrrows NFP
01:30GMT Good Morning Friends, I think all our pairs needs a small slide to consolidate yesterday's climb and then climb up again. Caution on the levels; Friday is the D'Day NFP so don't get into big trades unless its a bargain. Reserve/Plan your big lots for t'mrrow's EU Session open. Yesterday's firework will continue today during US data releases. EURUSD will catch trend during PPI. So keep t'mrrow in mind for today -good luck ;D

2 comments:

  1. Hi J, well done for yesterday's calls when you were calling for shorts in gbpusd. I was skeptical. unfortunately, i didnt take them as i am now avoiding all shorts because of past problems. Excellent stuff. Medium term gbpusd must hit your ceiling of 1.5550 before another drop, what do you think? Thanks again.

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  2. If you look at daily chart shorts in any of our pair is bit of issue.. I think GBPUSD should do near 1.5350ish and then reverse to 1.55 ish Its a Up trend month

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