Forecasts Jan 24-28 2011

Monday Jan 24, 2011
NO TRADE

Tuesday Jan. 25, 2011
Get Ready to SHORT: GBP/USD
Reason: GBP Prelim GDP will be released at 4:30 am (GMT-5) Eastern time which is expected to decrease which will be bearish for the currency.

Wednesday Jan. 26 2011
Get Ready to SHORT: NZD/USD
                                       EUR/USD
                                       GBP/USD
Reason: At 4:30 am (GMT-5) Eastern time GBP Meeting Minutes will be released which is expected  to stay the same it will be bearish for the currency.
            
              At 10:00 am (GMT-5) Eastern time USD New Home Sales will be released and expected to increase. This will be bearish for the currency.
               At 3:00 pm (GMT-5) Eastern time NZD Interest Rates will be released and expected to stay the same it will be bearish for the currency.

Thursday Jan.27, 2011
NO TRADE

Friday Jan.28, 2011
Get Ready to LONG: USD/JPY
                       SHORT: EUR/USD
                       SHORT: GBP/USD
                       LONG: USD/CHF
                       LONG: USD/CAD
Reason: At 8:30 am (GMT-5) Eastern Time USD Advance quarterly GDP will be released and expected to increase. GUYS this will be bullish for the USD watch out

Monday Aug. 23, 2010
NO TRADE
Reason: Things are not yet clear for me. The non us currencies might have a little correction. like the GBP/USD. The trend is down but is corrected. so please be careful. tom i will add more forecasts.


Monday Aug 16, 2010
NO TRADE 
Reason: There is no set up on the 24 hour chart

Tuesday Aug 17, 2010
Get Ready to LONG: GBP/USD
Reason: There is a set up on the 24 hour chart.

Wednesday Aug 18, 2010
Get ready to LONG: GBP/USD
Reason: GBP meeting minutes will be released 4:30 am ( GMT-5 ) shows positve figures which will be bullish for the currency. Come back to this blog 6-1 hours before the news.

Thursday Aug 19, 2010
The us unemloyment claims will be released 8:30 am ( GMT-5 ) come back to this blog again 6-1 hours before the news.

Friday Aug 20, 2010
NO TRADE
Reason: No major News


Monday Aug. 9, 2010
NO TRADE
Reason: NO major news

Tuesday Aug. 10, 2010
Get Ready to SHORT: CAD/JPY
Get Ready to LONG: USD/CAD
Reason: The CAD housing will be released 8:15 am ( GMT -5 ) shows negative figures which will be bearish for the CAD. If there is a set up on the daily charts DO NOT HESITATE to follow this forecast. Or Visit this blog 6-1 hours before the news.

Wednesday Aug 11, 2010
Focus On the GBP/USD and GBP/JPY we will CAREFULLY monitor these pairs. The GBP Claimant counts increased on the forecast which will be bearish for the POUND. If there is a set up of shorts on daily charts enter the suggested trade. Or vist this blog 6-1 hours before the news even 1-4 hour after the news. But we can go to the opposite side. Our trade will depend on the news result of the claimant count change of the POUND.


Thursday Aug. 12, 2010
Focus on the Dollar pairs. The USD unemployment claims will be released 8:30 am ( GMT-5 ) Just follow the daily and hourly charts. Or visit this blog 1-6 hours the news even 1-2 hours after the news.

Friday Aug. 12, 2010
Get ready to LONG: EUR/USD
Get ready to LONG: EUR/JPY
Get ready to LONG: EUR/CAD
Reason: The German Prelim GDP will be released 2:00 am ( GMT-5 ) which shows positive figures for the EUR. Visit This blog 6-1 hours before the news.

Monday Aug. 2, 1010

Get Ready to SHORT: USD/CHF
6-1 hours before the news visit this blog again. I will monitor this pair very carefully
Reason: CHF retail sales will be released 3:15 am ( GMT-5) which shows positive figures for the CHF 

Tuesday Aug. 3, 2010

Get ready to SHORT: AUD/USD & AUD/JPY
6- 1 hours before the news visit this blog again.
Reason: Central Bank Rates will be released 12:30 am ( GMT-5 ) rates are the same which will be bearish for the currency

Thats the only forecast that I can give at this point of time. On Aug. 4 i will update this Blog again. I will look on the 24 hour Charts first before issuing another forecast.You will see the execution of the trades at Trades Execution page