Results: 27/8/2008: Intraday Time Forecast for USDJPY

The forecasted 16:00 gmt for USDJPY proved to be a change in direction with about a 100 pips move.

Results: 27/8/2008: Intraday Time Forecast for EURUSD

The forecasts for EURUSD at 11:00 turned out to be a breakout at 10:00 and a change in direction at 12:00 while the forecasted 15:00 gmt turned out to be a clear change in direction.

27/8/2008: Intraday Time Forecast for USDJPY

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

27/8/2008: Intraday Time Forecast for EURUSD

My first post on time forecast:

1. 11:00 GMT (+/- 1hr)
2. 15:00 GMT (+/- 1hr)

Usually these times turn out to be either a change in direction or a breakout.

It has been my observation that if the forecasted time coincides with an economic news release, a big move is bound to happen. Let's see how it turns out for today.