Tuesday, 6 April 2010

My Forecasts

03:00GMT Current lows are hitting 2 hour channels lower line. Must be a good point for small LONGs
00:00GMT Good Morning Friends, As expected yesterday - the DOWN started and we are seeing the lows today morning. GBPJPY showed some ignorance to DOWN but later gave-up.I'm not convinced that DOWN trend will be longterm. I'll see this as a BUYing Opportunity.

2 comments:

  1. J, what do u expect in gu now?

    ReplyDelete
  2. I guess GU already did what it has to do - DROP for election. My take is in next few days or probably mid month players will pump it up before the BIG DROP.

    ReplyDelete

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