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GBP/USD Updated with I-CHING Methode

  • #121
  • Apr 9, 2008 8:03pm Apr 9, 2008 8:03pm
Quoting Doris Halim
good morning to all traders:

GBP 10/4 daily range is 1.9678--1.9849 today the price will decline before its rise up.

GBP 10/4 5:48am current price is run at 1.9739,then it seem the price will decline to 1.9701--1.9715 at early morning,then it will side way within the range 1.9707--1.9738 at 9:45--11:48am,then the price will decline to 1.9670--1.9690 at 12:05--4:45pm,then we estimate the price will goes up to 1.9830--1.9855/higher at 5:08--10:05pm.

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
Dorris I think I missed the point or there is a typo, in the last range at 5:08 am- 10:05 am US time it is mentioned 1.9830-1.9855 ----- how come I think it is ignored BOE announcement because according to Master Abuwad if S1 reaches 1.9679 then it is switch to Second Target level :T2:1.9534. I am confused with this analysis.

Please anyone who understood Dorris analysis please explain me, thank,
  • #122
  • Apr 9, 2008 8:28pm Apr 9, 2008 8:28pm
HI ASYED,

If you dont mind just a suggestion Doris is kind enough to give us an analysis and so is Abuawad so it is best to use the analysis in a way that we think is appropriate rather than comparing one to the other and questioning them. Do your own analysis and try to compare and make your decision.
  • #123
  • Apr 9, 2008 8:38pm Apr 9, 2008 8:38pm
Hi Asyed,

My view is the cable is going down so even if it goes to 1.9845 where 100ma and 200 ma is it is a good opportunity to short and my target in days to come is 1.93xx. Hope it helps. My advice, short it as high as possible but today due to BOE be ready for false spikes. Better to enter after rate decision. All the best.
  • #124
  • Apr 9, 2008 9:07pm Apr 9, 2008 9:07pm
Quoting sharon_gpl
Hi Asyed,

My view is the cable is going down so even if it goes to 1.9845 where 100ma and 200 ma is it is a good opportunity to short and my target in days to come is 1.93xx. Hope it helps. My advice, short it as high as possible but today due to BOE be ready for false spikes. Better to enter after rate decision. All the best.
Sharon my problem is I am already stuck with my 4 trades at 1.9682, 1.9690, 1.9677 and 1.9661 with stop losses and profit limits. And that is I am confused if it goes up before goes down then my stop losses will be triggered. I have all stop losses at 1.9880 and 1.9850.

I know it is much better to enter after the news but I already stuck with these trades with short since 5:00 am this morning (Central Zone).

I am thinking if it goes around 1.9660-1.9670's level I might close all the positions with a minimal profit and then be ready to enter after the news.
What do you think?
Alqaz Syed.
  • #125
  • Apr 9, 2008 9:20pm Apr 9, 2008 9:20pm
Hi Asyed,

I understand your problem. Let me check again and do some analysis. Try to get back as soon as possible. Dont worry.
  • #126
  • Apr 10, 2008 8:06pm Apr 10, 2008 8:06pm
good morning to all traders:

GBP 11/4 5:37am current price is run at 1.9719,then the price will goes up slightly to 1.9724--1.9737 at early morning,then it will decline again to 1.9678--1.9692 at 9:15--11:45am,then it seem the price will play (side way)between the range 1.9687--1.9737 at the noon time,then it will goes up to 1.9768--1.9789 at 2:08--5:42pm,then we expect the price will decline again to 1.9605--1.9628 at 5:55--9:29pm.we suppose the price is close around 1.9655--1.9675/higher.

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
  • #127
  • Apr 10, 2008 9:01pm Apr 10, 2008 9:01pm
Quoting Doris Halim
good morning to all traders:

GBP 11/4 5:37am current price is run at 1.9719,then the price will goes up slightly to 1.9724--1.9737 at early morning,then it will decline again to 1.9678--1.9692 at 9:15--11:45am,then it seem the price will play (side way)between the range 1.9687--1.9737 at the noon time,then it will goes up to 1.9768--1.9789 at 2:08--5:42pm,then we expect the price will decline again to 1.9605--1.9628 at 5:55--9:29pm.we suppose the price is close around 1.9655--1.9675/higher.

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
Thanks in tons Dorris for your kindness.

I am sharing all of you guys about this news that I just read on FXPlus login website which is as follows:

01:21 GBP/USD: Calls For More BOE Cuts Dominates UK Press Sydney, April 11: According to various UK press reports the 25 BP cut by the Bank of England to 5% was widely welcomed, but most are looking for more interest rate cuts in the months ahead. Many analysts warn that the 25 BP cut might not provide any near- term relief to the embattled property market, as lenders are reluctant to lower rates due to the ongoing credit crunch. A few analysts quoted in the UK press are calling for rates to eventually slip below 4% as the UK economy weakens and inflation pressures wane as a result.
The dovish BOE expectations and growing concerns over the state of the UK economy should continue to weigh on the GBP in the weeks/months ahead and traders feels that if at least the USD broadly stabilizes at current levels, the GBP/USD should slip back and test the 1.9650 level in the short-term. The GBP/USD trades 1.9728/33. [email protected]

It seems like [Insha-Allah: Arabic Word] (means Certainly) GBP could weigh down this london session as Dorris also mentioned this downward in his anaylsis.

I will put my PT level around 1.9625 area for my mini short lots.

Have a nice night guys......
  • #128
  • Apr 10, 2008 10:40pm Apr 10, 2008 10:40pm
I don't mean any offense to Doris. I am new so I am just learning. But the prediction for the direction of GBPUSD was wrong. What could have caused it? Were there too many red calendar events that skewed the pair?
Expected the unexpected
  • #129
  • Edited 1:45pm Apr 11, 2008 1:43pm | Edited 1:45pm
Good analyses/forecast for today. I'm watching the development with your forecast over the trading day and it's astonishing.
Not always achieving the "last pip" but as forecasting tool interesting.
Thank you very much for your work here.

a few more queries:
- can it be done only on a daily basis for a currency pair or is it possible to give an example on weekly basis? Let's say as per next Monday-Friday?

- do you do also Yen-crosses? I'm trading on a small scale GBP-JPY which is a 'killer cross'. It easily kills your account.

- can you give us some sources (articles, books etc.) explaining i-ching-method in relation to trading (and please in English).
I've been searching for it for hours and hours and I found quite a lot of information about i-ching-method (in English, Book of Changes as an ancient Chinese system of divination) but never related to trading.

Would be very kind of you. Thank you.
  • #130
  • Apr 11, 2008 7:22pm Apr 11, 2008 7:22pm
good morning MR.Rainer,first of all,i must say thank you very much for yours support and interested for the i-ching methods,yes, many traders /friends always think/known i-ching is the old chinese method only for counted for the fortume or fung shui or some else,but after we used over then 25 years to reserch n prove,at least until now,I-CHING METHOD really can show to us the trend before comes,n at leat to let us know the fluctuate before market run,of course,never to be absolute,but at least to let us know the blue print with the prices.well,mr.rainer,from next week,i will offer the weekly predict,i hope it will work for you,thank you n have a nice,good week end.

best regards

DORIS HALIM
  • #131
  • Apr 13, 2008 7:26pm Apr 13, 2008 7:26pm
good morning to all traders:

GBP 14/4 7:15am current price is run at 1.9671,then it seem the price will goes up a bit to 1.9675--1.9695 at 7:16--11:02am,then it will side way within the range 1.9650--1.9727 at the noon time,then it will decline again to 1.9628--1.9640 at 2:08--7:05pm,then we expect the price will goes up to 1.9750--1.9767 at 7:15--10:28pm.

GBP 14/4--18/4 the weekly range is 1.9530--1.9868 on this week,the price will goes up a bit at 14/4,congest at 15/4,rise up slightly again at 16/4,then it will decline at 17/4,18/4 again.(basically,the weekly trend still decline).

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
  • #132
  • Apr 13, 2008 8:13pm Apr 13, 2008 8:13pm
Quoting Doris Halim
good morning MR.Rainer,first of all,i must say thank you very much for yours support and interested for the i-ching methods,yes, many traders /friends always think/known i-ching is the old chinese method only for counted for the fortume or fung shui or some else,but after we used over then 25 years to reserch n prove,at least until now,I-CHING METHOD really can show to us the trend before comes,n at leat to let us know the fluctuate before market run,of course,never to be absolute,but at least to let us know the blue print with the prices.well,mr.rainer,from next week,i will offer the weekly predict,i hope it will work for you,thank you n have a nice,good week end.

best regards

DORIS HALIM
Dorris, please continue your daily prediction as well.
Thanks much.
Alqaz Syed.
  • #133
  • Apr 13, 2008 8:16pm Apr 13, 2008 8:16pm
Quoting asyed4
Dorris, please continue your daily prediction as well.
Thanks much.
Alqaz Syed.
Sorry I miss understood. You basiclly added the weekly prediction along with the daily prediction. thank you so much. May Allah bless you and your family for your kind support.

Thanks,
  • #134
  • Apr 13, 2008 9:30pm Apr 13, 2008 9:30pm
Hi Doris:

Do you make predictions for other currencies as well?
  • #135
  • Apr 13, 2008 10:06pm Apr 13, 2008 10:06pm
What times do you mean EST...???
  • #136
  • Apr 13, 2008 10:38pm Apr 13, 2008 10:38pm
Quoting hansel
Hi Doris:

Do you make predictions for other currencies as well?
mr.hansel,yes,we do.thanks.
regards
Doris
  • #137
  • Apr 14, 2008 12:10am Apr 14, 2008 12:10am
Quoting hard1head1
What times do you mean EST...???
I think he means Jakarta time and Jakarta time is 12 hours back of Central time and 11 hours back of Eastern time. That means if he referes 5:15 am that means actually 5:15 pm Central time and 6:15 PM Eastern time.

I will see you guys most probably tomorrow morning in US session, I might miss PPI Input UK news at 3:30 am Central time...
  • #138
  • Apr 14, 2008 12:31am Apr 14, 2008 12:31am
Quoting Doris Halim
good morning to all traders:

GBP 14/4 7:15am current price is run at 1.9671,then it seem the price will goes up a bit to 1.9675--1.9695 at 7:16--11:02am,then it will side way within the range 1.9650--1.9727 at the noon time,then it will decline again to 1.9628--1.9640 at 2:08--7:05pm,then we expect the price will goes up to 1.9750--1.9767 at 7:15--10:28pm.

GBP 14/4--18/4 the weekly range is 1.9530--1.9868 on this week,the price will goes up a bit at 14/4,congest at 15/4,rise up slightly again at 16/4,then it will decline at 17/4,18/4 again.(basically,the weekly trend still decline).

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
Hi Doris Halim,

I am new into all this.....lost some money (dont ask how much...embarassing) and hope to rebuild back with the help of friends around in the forum. I congrats you because you have the courage and GUTS to announce your standing in this confusing industry. For most people they only dare to show all kinds of charts and such but seldom (or almost never) make a BOLD stand. I wish you success and will monitor closely what you will be offering in this forum...........and perhap when I recover back my losses (dont know how long)....perhap we should go makan-makan (on me). Ikhas...
BTW please address me as Man. Thanks a lot and GOD BLESS YOU.
  • #139
  • Apr 14, 2008 2:19am Apr 14, 2008 2:19am
Good morning, Doris Halim and all !

First of all - Doris Halim - thank you very much for being so kind posting here the daily as well as the weekly GBP-USD forecast.

Your daily forecast worked very well so far:
.....then it will side way within the range 1.9650--1.9727 at the noon time...
(= 6.00 a.m till ~ 8.00 a.m GMT-London time):
we had an (interim) low @ 1,9685 and just a (interim) high @ 1,9740.

Well done. It's not always up to the 'minute' but very often and this is so astonishing for me. I am already happy when I get of few pips out of the daily ups and downs.

Concerning the time used for forecasting: it's Jakarta time. I'm using Doris Halim's page ( www.findexinfo.com ) for re-calculating it into my time zone.
I have Saxobank platform and they are using GMT-time. So it's easier for me to use GMT time.

If you want to create your own time system go to www.timeanddate.com. Here you can create your personal time calculators with the cities you prefer.
I have created my own:
http://timeanddate.com/worldclock/pe...108,179,136,37

Good luck to you all and many thanks.
  • #140
  • Apr 14, 2008 7:07pm Apr 14, 2008 7:07pm
good morning to all traders:

GBP 15/4 daily range is 1.9665--1.9820 today the price will after decline,then it will rise up again.

GBP 15/4 5:33am current price is run at 1.9756,then it seem the price will decline a bit to 1.9725--1.9738 at early morning,then it will rise up slightly to 1.9765--1.9790 at 9:15--11:08am,then the price will side way within the range 1.9730--1.9800 at the noon time,then it will decline to 1.9662--1.9675 at 2:02--6:05pm,then we estimate the price will goes up again to 1.9795--1.9820/higher at 6:10--10:25pm.

DORIS HALIM
FINDEXINFO TEAM
JAKARTA INDONESIA
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