Market Outlook-27th Jan ‘09
Dear All,
Firstly, let me wish all of you a very blessed and prosperous Chinese New Year ahead! May the year of the Ox brings you lots of prosperity and bring you lots of fruits for the hardwork that you have put in God bless you and your loved ones!
Now, i haven’t been blogging [...]
Market Outlook-22nd Jan ‘09
Today, we have no strong news nor do we have any strong sentiments for our major pairs.
Sentiment wise : From a technical point of view, for the GBP/Usd we are facing very strong support at a 7 year low which is at 1.3720-1.3740 level. We saw that being heavily tested yesterday. We can expect a [...]
Trade Results-21st Jan ‘09
Another crazy day in the markets! After a long time, the market defied my market psychology patterns and totally caught me offguard. Obviously, it wasn’t my day at the innings but i didn’t lose much overall. As always, minimize your losses, and your profits will start coming
We saw the Gbp and Euro lose [...]
Market Outlook – 21st Jan ‘09
Once again, for the market opened so far with the asian session, we are seeing no clear direction.
With the entire day yesterday causing both Gbp/Usd and Eur/Usd to decline greatly, we saw some immediate buying momentum and an up-surge of about 150 pips from the opening price today. However, we saw a correction of about [...]
Trade Results – 19th, 20th Jan ‘09
Hi Again traders, what tremendous amounts of Risk aversion we are seeing with the market. Heavy selling of EU and GBP has put both currencies under extreme pressure. After the big gap up over weekend when the market opened this monday, i assumed the market is back in aggresive mode and should see risk appetite [...]
Seeni J G
