Forex Predictions by professional traders

Greetings All,

I have decided to start a thread that focuses on a prediction of the future price of any pair in the forex market, that has been made publicly by a professional trader. This prediction can be made via either television, radio, website blog, whatever, as long you explain your source, the time of the prediction, and duration of the trade.

THIS IS NOT a forum to post YOUR comments about the prediction posted or YOUR feelings about the trade afterwards, it is a straight forward UNBIASED, informative thread for someone to quickly gain knowledge of what analyst are publicly announcing with a relative date.

ONE MORE THING! I would like everyone to copy and paste the trader's name and if the prediction was correct or not at the bottom of each post along with the rest of the traders, so we can gage if the analyst is half decent by posting his/her prediction %. FOR EXAMPLE:

JOHN DOE, 6 for 32 (18.75%)
JANE SMITH, 4 for 7 (57.14%)

I know this thread will need alot of cleaning up and accurate assessment of information regularly, so please keep the post informative and as short as possible to get the point across as quickly as possible.

ALSO, The term professional is tough to define, SO if someone posts an analyst who is not employed or represented by a professional trading firm or institution (example Amelia bourdeaux, UBS), please post where and when the information was gathered, so others can visit the source via web. SO if someone has a blog, and they are posting predictions on there blog or website, that persons website must be sourced!!

PLEASE PRIVATE MSG ME FOR SUGGESTIONS
Thanks! I will kick start the thread.

Friday September 23rd.
"At some point in time, you will see some sovereign wealth funds come back into the market," he told CNBC's Scott Wapner. That means the Aussie, lacking a similar lifeline, is a better sell.
Williams recommends selling the Aussie against the dollar at 0.9850, with a stop of 1.0050 and a target of 0.9300.

1 to 2 week duration

Willie Williams, Societe General 0/0, 0%

Andrew explained shorting the EUR/USD at 1.38 to 1.32, before next weeks german vote, as he suggested the the pair would have a recover rally early in the week to 1.38 and resume the downtrend to 1.32.

(1 week duration)

Willie Williams, Societe General 0/0, 0%
Andrew Busch, BMO Capital Markets 0/0, 0%

It is easy for these analysts to make "predictions" when they have no skin in the game/no money on the line. Oh, and no accountability!

please respect the forum rules....go post somewhere else.

I agree w/ your comments.

With all due respect to the original poster....how does following the predictions of an analyst, on a forum, help you to be a better trader? I used to track the analyst comments on CNBC's Money in Motion....but I stopped watching when they refused to talk about their massive number of losing trades. They'll talk about the few winners they had, but they refused to talk about the losers. As a result, I lost respect for anything they had to say because they wanted to give the illusion that their trade recommendations were exceptional. Anything that an analyst says should be viewed as entertainment only.

all the talking heads know absolutely nothing. Theyre just tv personalities that couldnt hack it in the real world.

predictions by banks are inherently incorrect....trust me i know this for a fact.

I agree. However, analysts aren't completely worthless.....they just aren't traders. An analyst can speak very intelligently about the issues, but you can't trust their trade recommendations. They could be off by as much as 150 pips.....therefore, you cannot trade to what they suggest or you will get "creamed".

who gives a crap....respect the thread...go post somewhere else. seriously. READ the RULES

IS it your goal to ruin a thread? because you just did? I agree that the analysts are wrong majority of the time. BUT THERE ARE BLOGS AND SMALL INVESTORS WHO ARE PROFESSIONALS, AND CAN BE RECOGNIZED FOR THERE EFFORTS VIA FOREXFACTORY. NOT ALL ANALYSTS ARE ON CNBC. and if they make the call and it is horrific...then atleast it will be recorded on this thread...but you A$$es are ruining it.

The week of september 26th 2011 for Gainscope.com
EUR/USD
It is more likely to go down to around 1.3450 or lower, and after that, it might have potentially to go up to around 1.3550 or higher.
(Current Price: 1.3499)
GBP/USD
It is more likely to go down to around 1.54 or lower, and after that, it might have potentially to go up to around 1.55 or higher.
(Current Price: 1.5459)

Willie Williams, Societe General 0/0, 0%
Andrew Busch, BMO Capital Markets 0/0, 0%
Gainscope, 0/0, 0%

EUR/USD Weekly Outlook

EUR/USD resumed recent decline last week and dipped to 1.3384 before forming a temporary low there and recovered. Initial bias is neutral this week and some consolidations could be seen first. But upside of recovery should be limited below 1.3936 resistance and bring another fall. Below 1.3384 will target 61.8% projection of 1.4548 to 1.3498 from 1.3936 at 1.3287 and then 161.8% projection of 1.4939 to 1.3969 from 1.4548 at 1.2979, which is close to 1.3 psychological level.
In the bigger picture, current development indicates that medium term rise from 1.1875 has completed with three waves up to 1.4939 already. That also suggests that it's merely part of the consolidation pattern that started back in 2008 at 1.6039. Further decline would now be seen to 1.2873 support first and break will target 1.1875 and below. On the upside, above 1.4548, resistance is needed to confirm completion of the fall from 1.4939 or we'll stay bearish in EUR/USD.
In the long term picture, EUR/USD turned into a long term consolidation pattern since reaching 1.6039 in 2008. Such consolidation is still in progress and we'd expect range trading to continue for some time between 1.1639 and 1.6039.
USD/JPY Weekly Outlook

Despite another dip to 76.11, USD/JPY is still contained above 75.94 low and stayed in range of 75.94/77.85. Thus, recent sideway consolidation is still in progress. On the upside, while another recovery cannot be ruled out, we'd expect strong resistance from near term falling trend line (now at 78.04) to to limit upside. On the downside, break of 75.94 low will confirm resumption of whole fall from 85.51 and would target 70 psychological level.
In the bigger picture, USD/JPY is still staying well inside the falling channel that started back in 2007 at 124.13. There is no indication of trend reversal yet even though medium term downside momentum is diminishing with bullish convergence condition in weekly MACD. Such down trend is still in favor to continue to 70 psychological level. In any case, break of 80.23 resistance is first needed to indicate completion of fall from 85.51. Secondly, break of 85.51 is needed to be the first signal of medium term reversal. Otherwise, we'll stay cautiously bearish in the pair.
In the long term picture, current decline suggests that the long term down trend in USD/JPY is still in progress. Such down trend is expected to extend further into uncharted territory with 70 psychological level as next target. In any case, we'd at least need to see sustained break of 85.51 before considering trend reversal.


GBP/USD Weekly Outlook

GBP/USD's fall accelerated to as low as 1.5327 last week and breached 1.5344 key support level before recovering mildly. A temporary low is in place and intraday bias is neutral this week for some consolidations. But recovery is expected to be limited by 1.5868 resistance and bring fall resumption. Break of 1.5327 will target 161.8% projection of 1.6746 to 1.5780 from 1.6618 at 1.5055 next.
In the bigger picture, rise from 1.4229, which is treated as the third leg of consolidation from 1.3503 (2008 low) should be finished at 1.6746 after GBP/USD completed a head and shoulder top reversal pattern (ls: 1.6298, h: 1.6746, rs: 1.6618). Fall from 1.6746 could be the fourth leg of the consolidation pattern from 1.3503 (2008 low) or resuming long term down trend from 2.1161 (2007 high). In either case 1.4229 resistance should be seen. Break of 1.4229 will bolster the down trend resumption case and would possibly push GBP/USD through 1.3503 low. On the upside, break of 1.6618 resistance is needed to invalidate this view. Or we'll now stay cautiously bearish in GBP/USD.
In the longer term picture, the corrective nature of the multi-decade advance from 1.0463 (85 low) to 2.1161 as well as the impulsive nature of the fall from there suggests that GBP/USD is now in an early stage of a long term down trend. Another low below 1.3503 is anticipated after consolidation from 1.3503 is confirmed to be completed.
USD/CHF Weekly Outlook

USD/CHF jumped to as high as 0.9182 last week before making a temporary top there and retreated mildly. Initial bias is neutral this week for some consolidations first. But pull back should be contained by 0.8647 support and bring another rise. Above 0.9182 will target 161.8% projection of 0.7065 to 0.8246 from 0.7710 at 0.9621. Nevertheless, break of 0.8647 support will argue that a short term top is at least form on bearish divergence condition in 4 hours MACD and would bring deeper decline back to 0.7710/8246 support zone.
In the bigger picture, medium term down trend from 1.1730 is already completed at 1.7065. But there is no indication of long term reversal yet. Rebound from 0.7065 is treated as part of a medium term consolidation pattern. Such rebound would possibly extend to 0.9916/1.1730 resistance zone. But strong resistance should be seen there and bring reversal. On the downside, break of 0.7710 is needed to indicate completion of the rebound from 0.7065. Otherwise, we'll stay near term bullish in the pair for the moment.
In the longer term picture, long term down trend from 2000 high of 1.8305 is still in progress and there is no indication of a reversal yet. Such down trend would still extend to 100% projection of 1.8305 to 1.1288 from 1.3283 at 0.6266 after finishing the consolidation from 0.7065.

Willie Williams, Societe General 0/0, 0%
Andrew Busch, BMO Capital Markets 0/0, 0%
Gainscope, 0/0, 0%
ActionForex, 0/0, 0%

hey pal, sorry if we offended you. But your rules claim unbiased prediction to post, however you say they can be from TV, radio, banks, etc. Those sources are the most biased of all information available.

dude....again....i agree...that is why I am allowing all predictions from anybody, who offers an insight into the froex market, via online or any source of media.

I have a prediction, at some stage in the near future you or someone else will lose money on a trade!



scfx

1) why not u browse anywhere and copy - paste in your own notepad or ...

2) better you look for economy news copy-paste freelancer bro for free

3) just go to http://fxtrade.oanda.com/analysis/ >>>>>>>> easy right ?

sorry ..........

What has trading (successfully) got to do with predictions???

Khalid

USD/TRY
The CNBC folks have predicted long USD/TRY
entry 1.84 tp 1.95/1.97 SL 1.80

All the commentators on CNBC said this was a 'done deal' and a 'slam dunk'...

bro...

the owner of this thread will ask you to READ the RULES
coz u dont give the prediction in percentage

Dollar Index is nearing resistance zone of 78.75-79.30 ranges; most of the asset classes especially the precious metals after the parabolic bull run sold off during whole week ; though double dip depression in the is still glooming the US economy it is oversold USD attracted investors, resulting in flight of capital from precious metals. It is also observed the funds flowed from over stretched precious metals and weaker equity markets to bonds and the Greenback.
Key equity index of the Dow Jones Industrials (DJIA) is expected to find support at 10700; whereas 11500-11600 ranges is expected to act as important resistance; trading consistently below 10700 would result in further extension of fall towards 9700 ranges. Historic correlation between DJIA and DX suggests further strengthening on the Dollar to 78.75-79.30 ranges
NYMEX November Crude after facing resistance at $90.00-$90.50 since last week slipped below critical support of $84.50 resulting in sell off to $80.00 ranges $75.50 may act as very important support.




FX Pair Support 2 Support 1 Resistance 1 Resistance 2

EURUSD 1.3280 1.3380 1.3545 1.3600
USDJPY - 75.94 76.56 77.00
GBPUSD 1.5300 1.5390 1.5550 1.5630
USDCHF 0.8800 0.8970 0.9300 0.9360
EURJPY 101.50 102.20 103.70 104.30
AUDUSD 0.9550 0.9680 0.9860 0.9922

Willie Williams, Societe General 0/0, 0%
Andrew Busch, BMO Capital Markets 0/0, 0%
Gainscope, 0/0, 0%
ActionForex, 0/0, 0%
ForexCycle, 0/0, 0%