[MT_E and I] Re: Forecast for GBPJPY - Turning Point near 18th Jul'08

[Abhay]

Closed 2 positions for nice profit and last portion remaining to be closed around 212.5 or when indicators get oversold. I had established 3 trades at approx intervals of 150 pips beginning from 212.60

 

This Strategy always pays nicely....

 

 

 

Abhay

----- Original Message -----

From: Abhay

To: MetaTrader_Exper...@yahoogroups.com

Sent: Thursday, July 17, 2008 12:09 PM

Subject: Forecast for GBPJPY - Turning Point near 18th Jul'08

Ok, In my initial forecast I had said:

 

 

"This will be a good buying opportunity as this will bounce pretty good for 400-500 pips depending on how low it comes down by Monday"

 

 

 

GBPJPY has now already bounced approx 400 pips already..

 

See the attached chart for the next forecast and I am getting ready to short near 212 and then in steps of 125 - 150 pips

 

 

 

Abhay

----- Original Message -----

From: Abhay

To: MetaTrader_Exper...@yahoogroups.com

Sent: Tuesday, July 15, 2008 10:09 AM

Subject: Re: Forecast for GBPJPY - Turning Point near 14th Jul'08

As I had said GBPJPY was to drop around 14th Jul, it has indeed dropped and is still within margin of error of 1 day.

 

 

I will wait before going Long until the indicators reach oversold zone...

 

 

 

Abhay

----- Original Message -----

From: Abhay

To: MetaTrader_Exper...@yahoogroups.com

Sent: Wednesday, July 09, 2008 1:00 AM

Subject: Forecast for GBPJPY - Turning Point near 14th Jul'08

GBPJPY is on the watch radar now. I am waiting for the confirmation of oversold signals on GBPJPY as per my template.

 

See the attached chart, it seems the recent low may be broken this time by next Monday i.e 14th Jul or may be one attempt before that too.

 

This will be a good buying opportunity as this will bounce pretty good for 400-500 pips depending on how low it comes down by Monday

 

Be prepared but do not be in haste and watch for confirmation signals. If it breaks 209.4 it may come down to 206-207.

 

 

 

Abhay

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