Daily Forex Predictions for April 29, 2010
(update: 1:42am GMT+7)
EUR/USD
It is more likely to go up to around 1.3250 or may be 1.33, and after that, it might have potentially to go down to around 1.32.
(Current Price: 1.3191)
GBP/USD
It is more likely to go up to around 1.5250 or higher , and after that, it might have potentially to go down to around 1.5170.
(Current Price: 1.5189)
Dont know if this will help you and since I am a new trader you probably wont want to listen to a word I say lol. However on the gainscope website it says have a TP of 70 and a maximum SL of 40.
I dont think thats going to be his TP because no one can gurantee the price points. So he probably has a safety margin of somekind. However your right iāll let him answer :).
Daily Forex Predictions for April 30, 2010
(update: 2:11am GMT+7)
EUR/USD
It is hard to predict, may be it is more likely to go up to around 1.3270 or 1.33, and after that, it might have potentially to go down to around 1.32 or lower.
(Current Price: 1.3241)
GBP/USD
It is more likely to go up to around 1.5360 or higher, and after that, it might have potentially to go down to around 1.53.
(Current Price: 1.5333)
Daily forex predictions for May 3, 2010
(update: 00:32am GMT+7)
Today is a little bit complicated and hard to predict, because some of the country are in Holiday (like: UK, Japan, and China)
EUR/USD
It is more likely to go down to around 1.3250 or lower, and after that, it might have potentially to go up to around 1.33.
(Current Price: 1.3292)
GBP/USD
It is more likely to go down to aroun 1.52, and after that, it might have potentially to go up to around 1.53.
(Current Price: 1.5268)
This is my first post over hereā¦
but I have been following the thread for monthsā¦
I have two questions hereā¦
You predict the market trend of five pairs of currency in your website:
EUR/USD
GBP/USD
AUD/USD
USD/JPY
USD/CHF
I have applied your prediction of the first two pairs on my demo account, havenāt tried the others three. And I found that your prediction on EUR/USD is way more accurate than GBP/USD. Do you think so? any other people who have applied this have the same conclusion too?
What about the other three pairs? Which one among the five has the higher accuracy?
2)In order to apply your prediction, which TF should I choose better? T15?
I too have been following James prediction since last year only on EU, since Im doing that only. Firstly do thanks James for his effort and sharing.Do appreciate that.
But objectively speaking, his prediction to me is 50% accurarate. sometimes in terms of the pricing and sometimes in terms of the direction (up first then down or down first then up).
For me since his movement forecast is less than 100pips daily, an inaccuracy of more than 20pips is a lot.
Daily forex predictions for May 4, 2010
(update: 2:05am GMT+7)
EUR/USD
From around 1.3250, it is more likely to go down to around 1.3160, and after that, it might have potentially to go up to around 1.3270 or higher. Prefer to hold sell after it goes up
(Current Price: 1.3208)
GBP/USD
From around 1.5280 or may be 1.53, it is more likely to go down to around 1.5220, and after that, it might have potentially to go up to around 1.53. Prefer to hold sell after it goes up
(Current Price: 1.5257)
This is hard to say, but I personally is more likely to trade with Euro and also GBP.
About the TF , I usually use TF M5 and M15, but for the long term analysis sometimes Iām using H1 and D1. And donāt forget about the news impact too
Hi James what do you think is going to happen with the euro? Is really low, but I think is because only NY is working right now. Will see in the London session, what do you think?