Saturday, September 6, 2008

Disclaimer:

The information contained herein are my personal opinions and are subject to change without notice. These forecasts are for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any product referred to herein. Please consult your financial advisor before trading. There is a risk of loss in trading any financial intrument.
Results: 5/9/2008: Intraday Time Forecast for USDCHF

USDCHF was a little more straight forward in its move. It prepared itself for a launch at the forecasted 15:00 gmt then on the next hour it "took off" - a total of about 80 pips from A to B.

Results: 5/9/2008: Intraday Time Forecast for EURUSD

The EURUSD came down from A to B for about 50 pips and experienced a pullback to C during the forecasted 15:00 gmt. Then continuing its journey, it went down for about another 50 pips to D.

Friday, September 5, 2008

5/9/2008: Intraday Time Forecast for EURUSD, USDCHF
Today's forecasted time for a highly probable reversal or breakout is around:

1. 15:00 gmt (+/- 1hr)

“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Update: Andrew's Pitchfork on EURUSD Weekly chart

EURUSD penetrated sharply the lower parallel support area this morning and the question now is "Will this level hold?".

Looking at the strength of the indicators, I think its probably heading further south to 1.3800 and then to 1.3400 area...hmmm...let's see how it turns out to be.

By the way, this is just for fun...I don't trade the weekly : )

Thursday, September 4, 2008

Results: 3/9/2008: Intraday Time Forecast for USDJPY

Price made a small reversal - more of a pullback I should say, from the forecasted 12:00 gmt (+/- 1hr), a total of 32 pips from A to B. A more outstanding action followed from point B onwards when price continued its southward journey to point C - for a cool 60+ pips move.

As we can see from this scenario, forecasted timing bars may not always be a mega reversal or a breakout but also show up as a pullback - an opportunity to re-enter.

Wednesday, September 3, 2008

3/9/2008: Intraday Time Forecast for USDJPY
Today's forecasted time for a highly probable change in direction (reversal) or a breakout is at:

1. 12:00 gmt (+/- 1hr)

Best Wishes & Happy Trading.
Results: 2/9/2008: Intraday Time Forecast for EURUSD

From the forecasted 9.00 gmt yesterday, EURUSD made an 80 pips reversal. Capturing even 1/4 of this is still an adequate profit.

Tuesday, September 2, 2008

2/9/2008: Intraday Time Forecast for EURUSD
Today's forecasted time for a highly probable change in direction or a breakout is at:

1. 9:00 GMT (+/- 1hr)

Happy Trading.
Results: 1/9/2008: Intraday Time Forecast for EURUSD


The EURUSD made about 10-20 pips move upwards from the forecasted 16:00 gmt - hmmm...nothing much to shout about... but again, not too bad for a US Holiday session. Have to admit that it was not an easy one to trade.

Monday, September 1, 2008

1/9/2008: Intraday Time Forecast for EURUSD
Today's forecasted time for a highly probable change in direction or a breakout is:

1. 16:00 GMT (+/- 1hr)

Wishing you many pips.