Forecasting
So I decided to try forecasting myself... I just played around with indicators etc and predicted the following to a guy I talked to on MSN:
-Buy the USD/JPY on the 21st at 8:00 InterbankFX time. Set a take profit about 5 pips from the previous high. Set a stop loss at previous low.
If he followed what I said, the opening was at 115.50 and the close should be at 116.10 and stop loss at 115.33, without using any use or fundamentals. A 60 pip or 27 pip loss. The take profit is only 6 pips away from being hit in an uptrend so it is looking good for me.
Stay tuned and I'll let this thread. I will report the earnings in pips so you can set the amount of lots..
for now,
0 pips
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Last edited by gazuz : 08-24-2006 at 05:01 PM.
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