My Daily Forex Prediction on Major Currencies

[james78]

I would like to give my forex analysis to help fellow trader.

My Analysis is based on the forex strategy of market trending and other analysis formula that I got from my work place (I work in one of the famous forex analysis company in my country)
usually it can reach about 50 to 100 pips profit. Not bad

I will give the analysis straight to the point, means it is simple and also easy to understand, so you can use it as your second opinion before you decide to "Buy or Sell"

I hope my analysis can helpfull to make more profit in trading
and I will try to daily update it. (is it okay ?)

below is some of my analysis for May 4, 2009 that I got it at 2:23am GMT+7
(I know it is too late to post, but at least you can see their performance)


EUR/USD
It is more likely to move up to 1.3300 or even higher than 1.3400, and after that, it will potentially to go down.
(Current Price: 1.3263)

GBP/USD
It more likely to move up to 1.5050. But we suggest to entry buy at 1.4860.
(Current Price: 1.4911)

AUD/USD
We suggest to sell if it reaches near 0.7450 or even 0.7500. Profit Targets set to 50 pips, and stop at 50 pips too.
(Current Price: 0.7300)

USD/JPY
It is more likely to potential sell if it is still holds at 99.80 . With risk to 100.40.
(Current Price: 99.25)


I hope all of you can Enjoy it !

NOTE: use at your own risk

I suggest to use a SL and TP with ratio not more than 2:1.
example: if your TP is 50, your SL should not more than 100, but better if you can set the SL with 50 pips too.


if you need more analysis, don't hesitate to contact me


James

[james78]

Results for my prediction of May 4, 2009 :

EUR/USD profit
GBP/USD profit
AUD/USD still not hit, but soon it will be profit too
USD/JPY profit

[james78]

Daily Forex Analysis for May 5, 2009

(updated: 5:04am GMT+7)



EUR/USD
It is more likely to go up to 1.3450 or even higher than 1.35 . But we suggest to entry buy at 1.3340. Stop at 1.3290.
(Current Price: 1.3410)


GBP/USD
It is more likely to go up to 1.5100 or higher. But we suggest to entry buy at 1.4950. Stop at 1.4900. After it reach around 1.5100, it have a potentially to move down
(Current Price: 1.5030)


AUD/USD
We suggest to entry buy at 0.7320 , with profit targets to 0.74 or even 0.75. Risk to 0.7170.
(Current Price: 0.7398)


Enjoy !

[james78]

eur/usd now is floating +20 pips

the other currencies still waiting the trigger entry


happy trading

[james78]

We got about +100 pips at May 5 yesterday

and below is the analysis for May 6

Daily Forex Analysis for May 6, 2009
(update : 4:40am GMT+7)

EUR/USD
It is more likely to move down first to around 1.3250 before it is continue to go up to 1.3360 or even 1.34
(Current Price: 1.3312)

GBP/USD
It is more likely to go up to around 1.52, and then move down to 1.51 or even lower. We suggest you to entry sell if it hit around 1.5230, profit targets to 1.5150 , stop loss at 1.53
(Current Price: 1.5067)

AUD/USD
It is more likely to go up, and we suggest if it is reaches around 0.75 then you can entry sell, with profit targets to 0.74 , stop loss at 0.7560
(Current Price: 0.7410)


Enjoy !


James

[james78]

May 6, 2009 result : got +100 pips

[james78]

Daily Forex Analysis for May 7, 2009
(update: 10:08 am GMT+7)

Today it seems quite complicated to be analized, because there are some important news about interest rates that we have to be aware about the results.


EUR/USD
It is more likely to go up to around 1.3350 or higher, and then it is possible to move down, we suggest to entry sell at 1.3400, with profit targets to 1.3350 or lower, Stop Loss at 1.3450.
(Current Price: 1.3296)


GBP/USD
It is more likely to go up to around 1.5250, and then it is possible to move down, we suggest to entry sell at 1.5250, with profits targets to 1.5150 , Stop Loss at 1.5320.
(Current Price: 1.5127)


AUD/USD
it is possible to move down to around 0.74. with risk to 0.76 , profit targets to 0.7450.
(Current Price: 0.7533)


Enjoy !


James

[james78]

It is really a hard day for May 7, some are profit , some are loss. because it is depends on the interest rate results

[james78]

Daily Forex Analysis for May 8, 2009
(update: 6:09 am GMT+7)


Beware of Non Farm Payroll (NFP) news at today Night (GMT+7 / Indonesia - Jakarta Time)

EUR/USD
It is more likely to go up to around 1.3480 or even 1.35, and then it is possible to go down to 1.34 or even 1.33.
(Current Price: 1.3390)

GBP/USD
It is more likely to go up to around 1.5250, and then it is possible to go down to 1.5 or may be lower
(Current Price: 1.5029)

AUD/USD
It is more likely to go up to around 1.7640, and after that, it is possible to move down to 0.75 or may be lower
(Current Price: 0.7548)

Enjoy !


James

[studentno1]

Hi james i just found this post, i am impressed . But i have seen it to late, 2 weeks ago i lost £2000 on igindex on the currency, i have borrowed £1000 and need to recover my money back, as im a student i have really screwed up would lovesome help much appreciated
steve