My Daily Forex Prediction on Major Currencies

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 :slight_smile:

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 :slight_smile:

Regards,
James - GainScope

27 Likes

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

5 Likes

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 !

4 Likes

eur/usd now is floating +20 pips

the other currencies still waiting the trigger entry

happy trading :slight_smile:

3 Likes

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

3 Likes

May 6, 2009 result : got +100 pips :slight_smile:

2 Likes

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

3 Likes

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

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

1 Like

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

4 Likes

TO: Studentno1 (Steve)

ok, I will try the best to give the good analysis, so you can recover your money again

James

1 Like

I would like to say congratulation for all of you that got a profit based on my analysis at May 8 :slight_smile:

and below if the analysis for May 11, 2009
(update: 00:21am GMT+7)

EUR/USD
It is more likely to still go up to around 1.37 or higher, but better we wait until it is go down first to around 1.3540, and then we entry buy.
(Current Price: 1.3627)

GBP/USD
It is more likely that it can go up more than 1.53, but better we wait until it is go down first to around 1.5150, and then we entry buy.
(Current Price: 1.5234)

AUD/USD
It is more likely to go up to around 1.7750, but better we wait until it is go down first to near 1.7600, and then we entry buy.
(Current Price: 0.7678)

USD/JPY
It is more likely to go up to 99 or even 100.
(Current Price: 98.44)

USD/CHF
It is more likely to go down to below 1.1000, and after that, it have a potential to go up to 1.11 or higher.
(Current Price: 1.1064)

Enjoy !

James
GS

Thanks for your reply, what time do you think these are likely to start going up?? especially gbp vs usd

2 Likes

We suggest to go out from the market, because the news of French & Italy Industrial Production is bad and out of number, so it caused EUR/USD drop and also GBP/USD follow too.

Don�t forget to always control your risk management, because sometimes our analysis could be failed (not always 100% accurate)

please wait our next analysis tomorrow

thank you

James

Hi james any update for later?

1 Like

Daily Forex Analysis for May 12, 2009
(update: 10:10 am GMT+7)

EUR/USD
It is more likely to go up to higher than 1.3650 or even 1.37. But we suggest to wait until it is down first, and entry buy at around 1.3540. Target Profits to 1.3600 or even 1.3650. Stop Loss at 1.35.
(Current Price: 1.36)

GBP/USD
It is more likely to go up to 1.52 or even 1.53, But we suggest to to wait until it is down first, and entry buy at around 1.5040. Target Profits to 1.52 or may be higher. Stop Loss at 1.5.
(Current Price: 1.5106)

AUD/USD
It is more likely to go up to go to around 0.7650 or higher. Support at around 0.7530.
(Current Price: 0.7596)

USD/JPY
if it is down to around 95.60 or lower, it is possible to go up to around 97 or 98 area.
(Current Price: 97.34)

Enjoy !

James

1 Like

GBP/USD, EUR/USD, AUD/USD are go up :slight_smile:

happy green pips !

Hey jame si made some moneyyesterday many thanks matey , once i recover ill give you a share of my profits

I feel very glad if my analysis can help you on your trading. And i would like to say that you can keep your profit balance, you really don’t need to donate your profit to me.

This facility is totally free, and if you like our analysis perhaps you can tell your friend about this thread, so that it will make this thread more useful to another people. It will make me feel very grateful.

Because the purpose of this thread is to help the trader to be succes on their trading.

regards
James
GS

Hi james i have told my friends and hopefully this thread will be a big success, whens tonights update?? thanks