07-01-2006, 14:30
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#1
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Join Date: Jun 2005
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forecast for monday
Intra-day forecast (EURO / USD - 09th Jan)
USD will become strong against other majors. EURO/USD will gradually become weak - Long term downward phase.
Early trading Hrs, EURO/USD will be moderate and volatility expected, will become firm during mid GMT trading Hrs. EURO/USD shows support at 1.2098 closing will be moderate.
spot- trade- clues
Sell EURO/USD during 11:00-12:00 GMT trading Hrs above 1.2098 level and buy EURO/USD during 17:00-18:00 GMT trading Hrs below 1.2098 level
Trade Signal - Trend and Timings
Trend for the day: Upward till 12:30 GMT and downward till day end with intermediary swing of 35-45 Pips
Timing:
Buy/Sell Time level/limit Stop
Buy 01:30 PM 22-26 pips below
Sell 09:30 PM
Sell 09:30 PM 22-26 pips above
Buy 17:30 PM
Buy 17:30 PM 22-26 pips below
Sell 23:00 PM
Time - GMT Hrs , PM- Prevailing Market
forecast
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