Tuesday, 28 September 2010

My Forecast

14:05GMT I hope everybody is safe after some volatile wave ride - I warned about it since yesterday's calm.GBPs looks pretty good for Longs but I'll try small and bigger on 50-80 pips down..
09:40GMT GBPs worked as per my script EURs are shy..probably volume was the factor.
01:00GMT Good Morning Friends, Based on my indicators, we saw consolidation and there will be some more slide and then we are going for a reversal in GBPUSD & EURUSD. JPYs are showing mix-signal. My instinct says it will follow the majors. I still feel that yesterday's triangle formation duration was longer thus the momentum is yet to raise its head.

5 comments:

  1. Hi J, the calender you put in, is incomplete. I noticed uk gdp etc due at 930gmt is missing. I noticed that for something else on the other day as well.

    ReplyDelete
  2. I did mentioned about same last time we had this issue that I look into both FXstreet & DUKAs. Few days FXstreet miss so I combined both. But today we had 8:30GMT release..based on FXstreet & on Dukas (when I saw around 1GMT it was there but now its missing).. I guess some issues with Dukas calendar management.

    ReplyDelete
  3. Rich I hope u avoided 1 min channels as you can see the wild rides can take some big money of your purse. I sticke with tweet entries for month-end/begin weeks.

    ReplyDelete
  4. My accounts will be brought back to the US in mid Oct.
    No more stop or limit orders and FIFO is the rule.
    I am looking into becoming a citizen of "somewhere else" or I am screwed.
    Yes, I avoided 1 min channels and am still holding higher level longs.

    ReplyDelete
  5. I moved from US to AUssie - that problem sorted..

    ReplyDelete

Followers