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Omkar Godbole's Page

Latest Activity

Omkar Godbole posted a status
"Currency markets at the moment are clearly pricing-in Dovish Jackson Hole Speech"
12 hours ago
Omkar Godbole posted a status
"opened buy NZD/USD @ 0.8418 Target 0.8454 Stop 0.8395"
12 hours ago
Omkar Godbole posted a status
"Booked Profit in AUD/USD Sell initiated yesterday @ 0.9240 ("Sell AUD/USD @ 0.9292-0.9300 Target 0.9210 Stop Loss 0.9240")"
yesterday
Omkar Godbole posted a status
"Sell AUD/USD @ 0.9292-0.9300 Target 0.9210 Stop Loss 0.9240"
Wednesday
Omkar Godbole posted a status
"Japan ...lol...so much for the weak Yen and trade deficit just keeps rising."
Wednesday
Omkar Godbole posted a status
"GBP/USD has completed 23.6% retracement fall of July 2013 to July 2014 uptrend. Can expect minor upmove now"
Tuesday
Omkar Godbole posted a status
"Check out NZD/JPY for a big positional Short trade. Target 80.50 and SL 90.00"
Tuesday
Omkar Godbole posted a status
"EUR/GBP Long Target Achieved on Aug 13th. ("Buy EurGbp @ 0.7941 tar 0.8013 stop 0.7899k")"
Tuesday
Omkar Godbole posted a status
"Both eurusd long and eurjpy long stopped out"
Aug 12
Omkar Godbole posted a status
"Buy eurjpy @ 136.75 target 137.05-137.25 stop 136.50"
Aug 11
Omkar Godbole posted a status
"Buy EUR/USD @ 1.3401 Target 1.3450 Stop Loss 1.3375"
Aug 11
Omkar Godbole posted a status
"Buy EurGbp @ 0.7941 tar 0.8013 stop 0.7899k"
Aug 7
Omkar Godbole posted a blog post

Forex Insights - 4th August 2014

Find detail in this PDF ...Forex_Insight_040814.pdfEUR/USD should be bought on dips today. A daily close above 1.3455 shall open doors for 1.3485 levels. Fresh demand for Euros could be seen around 1.3390-1.3370 with stops placed below 1.3348.GBP/USD Buy on dips is a good strategy for the day. Pair is on its way to…See More
Aug 4
Omkar Godbole posted a status
"Buy AUDUSD @ 0.9298 Target 0.9350 Stop Loss 0.9270 (Purely Technical Trade..observe strict stop loss)"
Jul 31
Omkar Godbole's blog post was featured

USD/JPY Daily Insight

USD/JPY Technical StudiesTrend IndicatorsDaily ChartRisingRisingHourly ChartRisingOverboughtTrade IdeaEntry Objective Stop LossBuy 102.50-102.55103.08, 103.60102Technical Commentary Pair has breached the trend line resistance on daily chart and appears posed to test 103.08 levels. The indicators on Hourly and 15 minute…See More
Jul 30
Omkar Godbole's blog post was featured

Currency Insights

Done with Football fever. Congratulations to Germany for a victory full of Germanic Efficiency ! Yen - 2-day BOJ meet kicks offBank of Japan shall come out with policy statement tomorrow. No major announcement on policy front is expected from BOJ hence the outcome will largely be a non event. The ten year treasury yields have rose marginally to 2.54% which explains today's weakness in Yen. Overall movement in treasury yields since last month's non farm payroll data indicate the positive bias…See More
Jul 14

Profile Information

About Myself
I love forex trading. I am well versed with macro, technicals and derivative trading
Trading style
macro trader, ride sentiment
Current Broker
Nord FX

Omkar Godbole's Blog

Forex Insights - 4th August 2014

Posted on August 4, 2014 at 2:35pm 0 Comments

Find detail in this PDF ...Forex_Insight_040814.pdf

EUR/USD should be bought on dips today. A daily close above 1.3455 shall open doors for 1.3485 levels. Fresh demand for Euros could be seen around 1.3390-1.3370 with stops placed below 1.3348.

GBP/USD Buy on dips is a good strategy for the day. Pair…

Continue

USD/JPY Daily Insight

Posted on July 30, 2014 at 4:00pm 0 Comments

USD/JPY …

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Currency Insights

Posted on July 14, 2014 at 3:30pm 0 Comments

Done with Football fever. Congratulations to Germany for a victory full of Germanic Efficiency ! 

Yen - 2-day BOJ meet kicks off

Bank of Japan shall come out with policy statement tomorrow. No major announcement on policy front is expected from BOJ hence the outcome will largely be a non event. 

The ten year treasury yields have rose marginally to 2.54% which explains…

Continue

FX Insight - Broad based Dollar weakness may be a trap

Posted on June 25, 2014 at 3:53pm 0 Comments

USD/JPY - Yen stands to be the biggest beneficiary

The lackluster USD/JPY pair is finally seeing some movement on the downside after horrible US first quarter GDP number. It is known fact by now that weak GDP would be blamed on extreme weather, however that argument should be bought with pinch of salt. US ten year yield has eased to 2.54% pushing USD/JPY lower to 101.70. 

I had mentioned yesterday that I would prefer to Sell USD/JPY on rise and I…

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Comment Wall (3 comments)

At 12:32pm on July 22, 2013, md enamul hasan said…

hello ,

what do you think in this week . where will market go?

At 10:19pm on March 23, 2014, Joe Lanburner said…

Great page. Your customizations are awesome.

At 9:58am on July 1, 2014, Nitin Zope said…

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