G/U Analysis/Prediction

[ForexFocusTime]

GU Analysis/Prediction Mar. 30

As we stated yesterday that we had a bullish outlook on GU after some daily reversal signs….we have resistances at 5075/80 and higher up at 5110 with supports at 5010 and 4955…

 

[ForexFocusTime]

GU Analysis/Prediction Mar. 31

Gu is at a key resistance point on fibs which is 50% at 5082….we have supports at 5010/15 and lower at 4965 areas with resistances at 5085 higher up at 5110…
Here are the some levels we post on FFT…
Resistances: 1.5115, 1.5151, 1.5209
Supports: 1.4998, 1.4962, 1.4904
Pivot: 1.5056

 

[ForexFocusTime]

G/U Analysis/Prediction Apr. 1

G/U has some key resistance levels that were reached….we have resistances at 5235/40 areas and higher at around 5270, supports are at 5165 and lower at 5120 area…
Supports: 1.5080, 1.5042, 1.4981
Resistances: 1.5202, 1.5240, 1.5301
Pivot: 1.5141

 

[ForexFocusTime]

Overview of Predictions Apr. 5

Prediction: GU has some bearish signs on D1 candle formation and we have a gap open…Most likely this gap should close as most do….our supports are at 5230 and lower at 5210/15 areas…and resistances are at 5272 and higher up at 5290/95 areas….

Results:

1. Long @ 5230, DD: 7 pips; MP 42 pips. Price moved quickly to our first resistance marked at 5272 so we should have taken 20-40 pips on this trade.

2. Short @ 5272, DD: 5 pips; MP 29 pips. Price fell quickly from this level and max profit would have been around 30 pips, but since we had a bearish outlook …we get stopped at Break Even (note: We will update some rules on moving stop to BE after price has moved 15-20 pips from our entry)

3. Short @ 5292, DD: 1 pip; MP 15 pips. Price fell from this level and moved 15 pips in the green so SL should have been at BE after 15 pips so we get stopped out at BE…

Overall Profit/Loss: +40 pips

P.S. Please leave us comments…. Those who are following our prediction levels, please give us feedback on what we can do to make it better for you to follow-up on how we will trade these levels.

 

[ForexFocusTime]

Important Levels April 6th, 2010

USD/JPY: 93.70; 93.55; SSL 92.86
AUD/USD: 0.9130-36; 0.9225
EUR/USD: 1.3390
EUR/JPY: 125.30
EUR/GBP: 0.8810

 

[ForexFocusTime]

Hello friends,

The predictions that I was posting during last few months are now available only through forexfocustime. Please visit forexfocustime website and subscribe to our prediction services. At this point I will only list important levels, and also an overview of previous day trades.

 

[ForexFocusTime]

Overview of Predictions Apr. 6

Prediction: GU has closed the gap as we stated in our post yesterday and bounced off a support we indicated at 5210/15 area…our other support for today is at 5180/85 area with a strong lower support at 5120 area and resistances are at 5250 area and higher up at 5265/70 areas….if upper resistance is broken at 5320 area we will most likely have an up move but for now our outlook is bearish…

Results:

1. Long @ 52125, DD 2 pips; MP 33 pips. We had this level marked from yesterdays post…this would be a scalp long which we banked 20-30 pips on this trade

2. Long @ 5180, DD 12 pips; MP 19 pips. This was a scalp trade long which was stopped out at BE as price moved 15+ into the green.

3. Short @ 5270, DD 8 pips; MP 26 pips. This trade happened in early Asia session so this would be more of a scalp and a close for about 20 pips.

Notes: As you can see by the chart that we missed our swing short level which was at 5250 by 5 pips… when price started climbing back to this marked resistance we did not take this short. Also we missed long level by 8 pips which was at 5120 so we would not take this trade unless stated in our next post.

Overall Profit/Loss: 50 pips

 

[ForexFocusTime]

Important Levels April 7th, 2010
USD/JPY: 93.90-98
USD/CAD: 99.90

 

[ForexFocusTime]

Overview of Predictions Apr. 7

Prediction: GU is still bearish with key resistance level at 5315 (if this level is broken to the top we can see some more up moves) and the other resistance is at 5272…supports are at 5240, 5185/90 and key lower support at 5140/45 areas…

Results:

1. Long @ 5240, DD: 13 pips; MP 45 pips. Price broke through this level but SL should have held up with a tp at our resistance point for a 32 pip trade.

2. Short @ 5272, DD: 13 pips; MP 134 pips. This was a trend short trade to atleast our first support that price has not bounced at which is 5190, but as per rules we recommend to the lower support level marked of the day which was at 5140. If closed at support at 5190, we would have a 82 pip trade.

3. Long @ 5190, DD: 0 pips; MP 17 pips. This trade moved enought to put our stop at BE and we were stopped out.

Note: Price hit 51906 on our charts which we count as a hit. Also another note about trading the levels is that we count stops and limits not from spreads but price on chart….We use bid charts at Go Markets…

4. Long @ 5140, DD: 2 pips; MP 30<. This level was a key support level that we stated in the predictions, so profit could of been left running some pips….but we will count it as a scalp long for 30 pips.

Overall Profit/Loss: 144

Cable Focus & Analysis Apr. 8

Resistances: 1.5366, 1.5310, 1.5276
Supporst: 1.5163, 1.5129, 1.5073
Pivot: 1.5219

 

[Amna Joseph]

Well, i have noticed that, in UK, investors show concern over the unpredictable elections. While Construction PMI increased, the sterling fell against the dollar with the GBP/USD forex pair trading at a low of 1.5127 and a high of 1.5304.

 

[eskallibur]

Wave Analize

wave count

 

[ForexFocusTime]

Overview of Predictions Apr. 9

Prediction: GU starting to show some bullish signs with D1 candles…resistances are at 5315 and higher up at 5350/55 areas…supports are at 5275/80 areas and lower at 5240/35 areas…

Results:

1. Long @ 5280, DD: 2 pips; MP: 110 pips. This was a long in our trend direction so we hold to second resistance level which was 5350/55…so profit should be 75 pips.

2. Short @ 5355, DD: 21 pips; MP 0 pips. Price ran through this level so we would be got stopped out at -15 pips.

Overall Profit/Loss: +60 pips

Week Profit/Loss: +344 pips

Note: The reason we did not short at 5315 is because price didn’t reach it on first attempt by 6 pips and then come to our support level which we are suppose to hold to second resistance level as per our rules.

If you have questions about our predictions or how we trade them…We will try to set a day next week to chat for 1 hour before London open to answer your questions. We will post a day and time when we will do this on our Blog…

Important Levels April 13th, 2010
USD/JPY: 92.15; 92.25;
AUD/USD: 92.15-22
AUD/NZD: 1.2920

 

[ForexFocusTime]

Overview of Predictions Apr. 13

Prediction: GU has some bearish signs to us…we have resistances at 5390 and higher up at 5405/10 with a key level at 5450 area…supports are at 5315/20 and lower at 5275 areas….So scalp long, trend short….

Results:

1. Short @ 5390, DD: 2 pips; MP: 43 pips. This trade went in plus and we put SL at BE after about 25 pips and get stopped out when we had some good green pips.

2. Short @ 5405, DD: 3 pips; MP: 37 pips. Price bounce nicely from our level and move SL to BE same as the first and we get stopped out again at BE

3. Short @ 5450, DD: 0 pips; MP: 90+. Price hit 54485, we took this trade as we recommend entry 2-4 pips from level marked and closed this trade late US session with a 90 pip profit. Price did not hit our support lines but we close daily trades that give 80-100 pips.

Note: The levels worked good today. We left some 80 pips to the market, but this is where it is important to follow rules. We set some rules but you are welcome to use these levels as u wish: Scalp all levels, trail all entries with a trailing (just some suggestions)….how ever will bring green pips.

Overall Profit/Loss: 90 pips

 

[ForexFocusTime]

Overview of Predictions Apr. 14

Prediction: GU looks like its aiming to test Monday high…resistances at 5455/60 and higher up at 5485 with supports at 5390/85 and 5365 with a strong support at 5320 area…Scalp middle levels, trend top and bottom levels…

Results:

1. Long @ 5385, DD: 8 pips; MP: 65 pips. Price bounce on this level a few times but this was a scalp for 20-30 pips even though more was achievable.

Note: When we list 2 levels like here 5390/85, stop has to be 15 pips from the farther level and give yourself 2-4 +/- pips of play around these levels for entry.

2. Short @ 5453, DD: 0 pips; MP 50 pips. Price hit 54535 on our bid charts so we too this trade as we leave room to play (2-4 pips), trade could have been taken later at 5455 but was more risky…this was a very quick 30 pips.

3. Short @ 5485, DD: 5 pips; MP 28 pips. This level was hit late US session so we traded this as a scalp for 20 pips even though the market could give more.

Overall Profit/Loss: +80 pips

Pips this Week: +175

Important Levels April 15th, 2010
USD/JPY: RL: 93.80; 93.70; 93.60 SL: 92.80; 92.95-93.00
GBP/USD: RL: 1.5530-40
AUD/USD: RL: 0.9395 SL: 0.9290-.9300
USD/CHF: 1.0600-10; 1.0565
NZD/USD: 0.7165-70; 0.7125; 0.7110
USD/CAD: 0.9965

 

[ForexFocusTime]

Overview of Predictions Apr. 15

Prediction: GU coming to key daily resistance levels with 5515/20 and higher up at 5545/50 and a key level at 5570 area….supports are at 5485/90, 5455 and 5430/35…so scalp long and trend short from top levels….

Results:

1. Short @ 5520, DD: 3 pips; MP: 130+ pips. This was a trend level so we hold this trade for at least 70-100 pips or to our last support level marked. This trade was closed at 5430 as we ignore all middle scalp levels when we are in a trend trade.

2. Long @ 5430, DD: 15 pips; MP: 10 pips. This trade was stopped out for -15 as our scalp level…..

Overall Profit/Loss: +75 pips

Pips this Week: +250

Important Levels April 16th, 2010

USD/JPY: 93.10-15; 93.00; 92.85
AUD/USD: 0.9345; 0.9325; 92.55-60
GBP/JPY: 143.90
EUR/USD: 1.3535
NZD/USD: 0.7135; 0.7125
USD/CAD: 1.0060-65; 1.0010; 0.9990-95

 

[ForexFocusTime]

Overview of Predictions Apr. 16

Prediction: GU is showing some bearish signs with D1 candle formation and H4 RSI….we have resistances at 5470 and 5490 area, supports are at 5375/80 area and lower at 5305….Trend short, scalp long….

Results:

1. Long @ 5380, DD: 14 pips; MP: 90 pips. This trade moved quickly for a 30 pip profit even though more was possible….Note: Stop had to cover 5375 by 15 pips even though stop from 5380 held up.

2. Short @ 5470, DD: 3 pips; MP: 95 pips. This was a trend trade so we hold for 70-100 pips. In this case we closed it on our support at 5380 for a 90 pip profit.

Overall Profit/Loss: +120 pips

Pips this Week: + 370 pips

Important Levels April 19th, 2010

USD/JPY: 0.9140; 0.9185; 0.9255; 0.9280
AUD/USD: 0.9090; 0.9160-65; 0.9185; 0.9235-40; 0.9265
GBP/JPY: 138.60; 141.05; 141.90-142.00

 

[ForexFocusTime]

Overview of Predictions Apr. 19

Prediction: GU is bearish but we can see a market attempt to close gap with supports at 5220/25 and lower at 5180 area with resistances at 5280/85 and higher up at 5315/20 and 5350/55 as gap close resistance….scalp middle levels and trend top and bottom…

Results:

1. Long @ 5220, DD: 9 pips; MP: 35 pips. This was a scalp long which moved a quick for +20.

2. Short @ 5280, DD: 0 pips; MP: 21 pips. Price hit 52786 on our bid charts which is in our 2-4 pip exception for a 20 pip trade.

3. Short @ 5215, DD: 6 pips; MP: 60 pips. This was also a scalp level which we took 30 pips at.

Overall Profit/Loss: +70 pips

Pips this Month: +784

Important Levels April 20th, 2010

USD/JPY: 92.80-85; 92.20
AUD/USD: 0.9215; 0.9240
GBP/JPY: 141.05
USD/CHF: 1.0610
USD/CAD: 1.0125; 1.0085-90

 

[ForexFocusTime]

Overview of Predictions Apr. 20

Prediction: GU is up against some strong resistances which are at 5345/50, 5380 and a key level at 5440/45 with supports at 5280/85 and lower at 5245 area….Scalp middle levels and trend key level…

Results:

1. Long @ 5288, DD: 0 pips; MP: 60 pips. This trade was in our 2-4 pip exception for entry which moved for a 25 pip profit.

2. Short @ 5350, DD: 15 pips; MP: 13 pips. This trade did not move enough to move our stop to BE after 15 as this was a scalp trade so we took the hit for -15.

3. Short @ 5380, DD: 12 pips; MP: 17 pips. This trade moved 15 pips so we put SL at BE and get stopped out. Note: This trade was a few minutes before news time so we do not recommend trading scalp levels at or around news times.

Overall Profit/Loss: +10 pips

Pips this Month: +794

Cable Focus & Analysis Apr. 21

Resistances: 1.5422, 1.5455, 1.5510
Supports: 1.5312, 1.5278, 1.5223
Pivot: 1.5367

 

[ForexFocusTime]

Overview of Predictions Apr. 21

Prediction: GU is slightly bullish with supports at 5315/20 and lower at 5270/75 area…resistances at 5395 area and higher up at 5440/45…scalp middle levels and trend top and bottom…

Results:

1. Short @ 5395, DD: 15 pips; MP: 10 pips. This trade was stopped out to the pip for -15 .

2. Short @ 5438, DD: 0 pips; MP: 70 pips. Price hit 5439 on our bid charts (2-4 pip exception) and was closed late US session for +50, as this is a day trading strategy and we try not to hold trades over Asia session.

Overall Profit/Loss: +35

Profit this Month: +829

Important Levels April 22nd, 2010
USD/JPY: 92.55; 93.50
AUD/USD: 0.9225; 0.9295
EUR/USD: 1.3440; 1.3420; 1.3370

 

[ForexFocusTime]

Overview of Predictions Apr. 22

Prediction: GU is starting to run up with supports at 5430 and and 5395 areas and resistance at 5490/95 areas and higher up at 5520… scalp middle levels and trend top and bottom…

Results:

1. Long @ 5430, DD: 13 pips; MP: 26 pips. This was a scalp on which we held for a 20 pips limit. Note: when you go more then 10 pips in the red, try not to hold for more than 20 pips since this is a scalp.

2. Long @ 5395, DD: 25 pips; MP: 15 pips. This was a trend trade on which we were stopped out for a -25 pip hit.

Overall Profit/Loss: -5

Pips this Month: +824

Cable Focus & Analysis Apr. 23
Resistances: 1.5531, 1.5481, 1.5450
Supports: 1.5350, 1.5320, 1.5270
Pivot: 1.5400