Thursday, May 12, 2011

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

Only one forex prediction EURUSD being posted as others are deemed
risky or too volatile

EURUSD at 12 noon GMT at 1.4176.

EURUSD likely to see two clear patters- first a depreciation of euro
and reversal after 1.30 -2 hrs.

1.Sell euro at 1.4176-14195 for sharp correction/rise in dollar

2. buy Euro after stop loss is triggered after a gain of 60-80 pips
from selling euro in part 1 as euro will gain in late afternoon (GMT)

no other prediction to be posted today

No comments: