Hi -'m going to post my commerce predictions with this thread and I invite all to comment. My egy is simple- I shake my Forex Magic 8 Ball-read Daily candlesticks(on close of daily session) and pay strict attention to zones of support and resistance. I (ever) place transactions around major news releases.
Prediction for Nov 2thru6 is for a continuation of Dollar strength. I'll be shorting my 4 pairs- Eur Gbp Aud Nzd - All these pairs have thrown a Major reversal Candle last thursday 10-30-08 and all have begun their slip south. This is a timeless setup to SHORT and all 4 pairs agree at the same time and all have thrown an ShootingStar modifiion candle on dailies. This SCREAMS go SHORT. I will set my take profit goals just north of their Daily lows for all pairs. I dont use stops until I'm in profit ( dont trust any Brokerage). I really do set stops (not trailing) when I'm in profit to lock it in. Combined this movement should web 1000 pips. Hope I'm right and u too-Good luck all. P.S. my son installed that image of the gloomy reaper-I wonder if thats how he sees me?