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Thursday, June 02, 2005

Forex forecast for USD/JPY

other majors are expected to swing and firm up during trend reversal time.....wait for the rise and initiate shorting in them........

SELL OTHER MAJORS ONLY DURING FIRMING UP MOVES NEAR HIGH SET FOR THE DAY USING ADVANCE HEDGING OR TRAILING STOP AND BUY NEAR THE LOW SET FOR THE DAY TO BOOK PROFIT AS DIRECTIONAL SWING TRADES ........

SESSION WISE SWINGS:

Early Japanese session - USD will be highly volatile with spike*
Late Japanese session - highly volatile with spike* (00:30 - 07:00 GMT)

Early European session - USD will become highly volatile with spike
Late European session highly volatile with spike (07:30 - 13:00 GMT)

Early US session - USD will become highly volatile with spike
Late US session highly volatile with spike ( 13:30 - 20:30 GMT)

each session is of 7 hrs and 30 duration and they can be divided as early, mid and late each of 2 hrs and 30 min
USD/JPY predicted yearly trend chart - 2005 will rise



And for daily forecast forex

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