Friday, May 06, 2011

Forex Predictions: trading forex during 8am -12 pm EST /12-4pm GMTonly

Prediction for may 6 2011: Experimental predictions

Valid for Power trading hours 12-4 pm GMT

 

Currency pairs

Reference price/Last  price around 12 noon GMT

Prediction/ Strategy-all time in GMT

,

EURUSD

Refer to 12 noon exchange rates

Sharp correction.hence first sell euro.buy after 100 or more pips correction. euro mostly bearish except in last hours

JPYUSD

-

Yen may appreciate. buy yen

CHFUSD

-

Yen may appreciate except in last 2 hours. High risk predictions. overall G BP  to depreciate

CADUSD

-

Buy CAD after 20-40 pip correction.sharp down spike in last hour

GBPJPY

 

Buy chf after 30 -40 pip correction.choppy

 

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