G/U Analysis/Prediction Feb. 2 (London, strategy, profit, areas) - Economics - Page 4 - City-Data Forum

ForexFocusTime · 03-29-2010, 01:18 AM

GU Analysis/Prediction Mar. 29

G/U has some early reversal signs on D1 time frame, so we can see some up moves this week…we have resistances at 5010/20 and higher up to 5075/80…Our supports are at 4925/20 and lower at 4845 area….good luck…

ForexFocusTime · 03-30-2010, 01:31 AM

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 · 03-31-2010, 02:03 AM

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 · 04-01-2010, 01:55 AM

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 · 04-06-2010, 12:36 AM

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 · 04-06-2010, 12:37 AM

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 · 04-06-2010, 10:43 PM

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 · 04-07-2010, 01:24 AM

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 · 04-07-2010, 01:26 AM

Important Levels April 7th, 2010

USD/JPY: 93.90-98
USD/CAD: 99.90

ForexFocusTime · 04-07-2010, 11:58 PM

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