Tuesday, 9 March 2010

My Forecasts

10:20GMT We are hitting today's low - say bottoms for JPYs crosses, EURs & GBPs.
08:40GMT SOS: EURUSD abt to sink..
07:50GMT With current momentum EURJPY Longs below 121.70s target back to 122.50s.
03:45GMT My Strategy for today: Take LONGs in GBPUSD 1.5015, EURJPY 122.66 & EURUSD 1.3627 for 40-50 pips target and book pending Shorts above 1.5080, 122.99, 1.3683 for 80-90 pips. I'll stick to this unless a new alert for direction change is generated.[The Uptrend never took the hook so we sank today - managed to book longs for 07:50 alerts]
00:00GMT Good Morning Friends, My Expectation for today is that EURUSD will drop to complete all pairs drop for profit bookings. JPY Crosses drops are complete it should make bottom-out soon i.e during japanses session close. For GBPUSD its almost completed the fall, it should lookup sooner with resistence at 1.5.

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