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.

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 : )