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Sunday, April 16, 2006

Intra-day forecast EURO / USD - 17th Apr 2006

Intra-day forecast EURO / USD - 17th Apr 2006
USD will become strong against other majors. EURO/USD will gradually become weak - Long term downward phase.
Early trading Hrs, EURO/USD will be weak and volatility expected, will become moderate during late GMT trading Hrs. EURO/USD shows support at 1.2112 closing will be moderate.

spot- trade- clues
Buy EURO/USD during 01:00-02:00 GMT trading Hrs below 1.2112 level and sell EURO/USD during 23:00-24:00 GMT trading Hrs above 1.2323 level

Trade Signal - Trend and Timings
Trend for the day: Upward till 11:30 GMT and further upward till day end with intermediary swing of 35-45 Pips
Buy/Sell Time level/limit Stop
Buy 01:30 PM 22-26 pips below
Sell 07:00 PM
Buy 08:30 PM 22-26 pips below
Sell 15:30 PM
Buy 16:30 PM 22-26 pips below
Sell 23:30 PM
Time - GMT Hrs , PM- Prevailing Market


Anonymous fxkingg said...

interesting comments. which methods do u use to come up with these kind of predictions like -buy 20 pips below PM?
Is it a time strategy of some kind?
A brakeout strategy? Pls tell us more.

Tnx for the recommendations.

Monday, April 17, 2006 3:53:00 PM  

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