Predictions June 9-13, 2008

EURUSD 1.5769 – SELL. T/P 1.5590. S/L 1.5843
Notes: Either going to be easy money as there is a huge correction, or it’s the beginning of a huge upwards breakout.

D- Up
4H- Down
15M- Down

Potential Gain: 179
Potential Loss: 74
________________________________________________________________________

USDJPY 104.98 – SELL. T/P 104.14. S/L 105.85
Notes: Headed towards a large breakout in the near future, most likely downwards. A bit of a gamble since potential loss exceeds potential gain.. big no-no. Probably wouldn’t make this trade with real money, I’d wait to buy it back low.
D- Down
4H- Down
15M- Oversold

Potential Gain: 84
Potential Loss: 87
________________________________________________________________________

USDCHF 1.0191 – BUY. T/P 1.0472. S/L 0.9915
Notes: Tough call. It had a HUGE fall at the end of last week. I think it’s too much of a bargain not to buy, even though it’s probably going to keep crashing down. I won’t be surprised when this one stops out. If this were real money I would not be making this trade.
D- Down
4H- Oversold
15M- Buy

Potential Gain: 281
Potential Loss: 276
________________________________________________________________________

USDCAD 1.0191 – SELL. T/P 0.9932. S/L 1.0224
Notes: I probably could have put the S/L a lot of higher but I feel very comfortable with this trade.
D- Down
4H- Down
15M- No signal

Potential Gain: 259
Potential Loss: 33
________________________________________________________________________

AUDUSD 0.9624 – SELL. T/P 0.9517. S/L 0.9644
D- Mixed up
4H- Near top
15M- Down

Potential Gain: 107
Potential Loss: 20
________________________________________________________________________

GBPUSD 1.9697 – SELL T/P 1.9579. S/L 1.9745
D- Up
4H- Down
15M- Down

Potential Gain: 118
Potential Loss: 48
________________________________________________________________________

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~ by yarcofin on June 8, 2008.

One Response to “Predictions June 9-13, 2008”

  1. if possible pls put daily prediction….that would be very helpful to new forex traders……thanks

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