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Possible scenarios this morning

By   || November 26, 2009 at 22:27 GMT
|| 7 comments || Add comment

1. Nikkei opens -0.5/1.0%; Gold hangs around $1190/95; USD/JPY trades inside s/t 86.30/00 range; AUD/USD, cable and EUR/USD sees some mild profit taking

2. Nikkei opens flat to slightly positive; gold drops slightly; USD/JPY breaks higher taking out trailing stops above 87.10; other majors also rally

3. Nikkei opens at least -2.5%; Gold breaks above $1200; USD/JPY breaks below overnight low, where it stops nobody knows; EUR/USD falls hard headed for 1.48, AUD/USD towards .8850 and cable towards Zero (only kidding, almost!).

What have I left out? Looks it should be an interesting morning.

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7 Responses to “Possible scenarios this morning”

  1. lilac on November 26th, 2009 22:34 GMT

    Going for gold, Braveheart.
    Nervous nellie xx

  2. Sean Lee on November 26th, 2009 22:38 GMT

    Nervous Nellie Desperado, the more you put on the more you get back!!

  3. DC on November 26th, 2009 22:45 GMT

    OPTION 3 OPTION 3!!!!

  4. Blackday on November 26th, 2009 22:48 GMT

    I’ve put my order in at 0.0000 SL -2 (JIC -1 is met :)

  5. Blackday on November 26th, 2009 22:48 GMT

    More Mantra trading, I see.

  6. Tajul Akbar Bin Ismail on November 26th, 2009 22:55 GMT

    EURUSD will be bearish I think … support @ 1.4959

  7. Tajul Akbar Bin Ismail on November 26th, 2009 23:50 GMT

    1.4959 broke, next support @ 1.4920 … gonna go to the mosque for special prayers, be back soon :-)

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