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GBPJPY
Miembro desde Feb 21, 2016
posts 5
Miembro desde Feb 21, 2016
posts 5
Mar 06, 2016 at 08:10
Miembro desde Feb 21, 2016
posts 5
dianajs posted:Lol. Monday will be short for temporary(pullback)Rocketbunny posted:dianajs posted:already closed yet?
I agree, it will probably reach 159.00.
Yes, I closed it and I'm wondering whether I should open shorts.
Lose Small and Win Big
Mar 06, 2016 at 09:41
Miembro desde Dec 09, 2015
posts 823
Rocketbunny posted:dianajs posted:Lol. Monday will be short for temporary(pullback)Rocketbunny posted:dianajs posted:already closed yet?
I agree, it will probably reach 159.00.
Yes, I closed it and I'm wondering whether I should open shorts.
Most likely, yes, there should be a pullback. The overall movement is quite bullish though.
Miembro desde Oct 11, 2013
posts 775
Mar 08, 2016 at 08:23
Miembro desde Feb 15, 2016
posts 165
I see GBPJPY has resumed the uptrend from the price-level 160.495 to aim 164.78 and possibly pullback again before resuming the uptrend once more till 166.35 God-willing.
Happy trading.
Happy trading.
to turn humble investments into huge fortune with minimal risk ...
Miembro desde Dec 11, 2015
posts 1487
Mar 08, 2016 at 11:15
Miembro desde Dec 11, 2015
posts 1487
There is a doji candlestick on the daily time-frame, so it's possible it will start falling again.
Miembro desde Feb 21, 2016
posts 5
Miembro desde Oct 02, 2014
posts 909
Miembro desde Dec 11, 2015
posts 1487
Mar 11, 2016 at 09:33
Miembro desde Dec 11, 2015
posts 1487
So much about shorting, the pair is rising again and next target is around 165, I think.
Mar 17, 2016 at 12:45
Miembro desde Feb 15, 2016
posts 165
Hello traders,I see that GBPJPY is unwilling to go up any more.It has broken two major downward trend lines and also closed below that last week higher time frame low.It is time to sell now with very low risk SL at 161.20 and first TP at 158.30 and 156.73 God-willing and possible retracing before falling further down.
to turn humble investments into huge fortune with minimal risk ...
Mar 17, 2016 at 19:15
Miembro desde Feb 15, 2016
posts 165
There is a 4H reversal candle at the 4 H time frame after my thoughts above.The SL above was also triggered.I guess we should wait for confirmation for possible resumption of the uptrend in my view.
to turn humble investments into huge fortune with minimal risk ...
Mar 18, 2016 at 08:20
Miembro desde Feb 15, 2016
posts 165
It seems we should rather expect to short after a strong close below the last daily candle low.Even a 1 hour candle strong close should be a good signal in my view,God-willing.Watch out.
to turn humble investments into huge fortune with minimal risk ...
Miembro desde Oct 02, 2014
posts 909
Mar 18, 2016 at 14:53
Miembro desde Feb 15, 2016
posts 165
An Goldman-staying out is a wise choice.However,since yesterday's high has been tested and with the recent 4 hour candle close below that daily high,we have a low risk entry for a sell in my view.Let us see how it goes,God-willing as I am shorting anyway.
to turn humble investments into huge fortune with minimal risk ...
Mar 20, 2016 at 08:50
Miembro desde Dec 09, 2015
posts 823
mmafxbook posted:
An Goldman-staying out is a wise choice.However,since yesterday's high has been tested and with the recent 4 hour candle close below that daily high,we have a low risk entry for a sell in my view.Let us see how it goes,God-willing as I am shorting anyway.
The signal on the four-hour time frame is for sell, but the daily signal is for buy. I don't know, those are very conflicting signals.
Mar 21, 2016 at 19:21
Miembro desde Feb 15, 2016
posts 165
The signal on the four-hour time frame is for sell, but the daily signal is for buy. I don't know, those are very conflicting signals.
Dear Dianajs,that is typical of multi-time frame analysis.The daily signal can only be buy where we to have a strong close(preferably a high time frame such as 4H above the previous day's daily candle high.Moreover,the initial uptrend has broken two uptrend lines under 4H time frame with a close below the previous week's low.Then the rallies did not take out the most recent 4 H high(as at last week and till date,I mean).Finally note that just concluded uptrend halted right after touching the last low that brought the price down to 154.70 level.Also watch candle stick patterns at the end of the just concluded uptrend and this at a daily time frame resistance level.And this is my view and God knows best.
I believe that we are set for a potential 3000 pips drop in the price of GBPJPY. Conservative traders may wait till we break the 154.70 low level on daily time-frame,confirm the push down and then ride it down to 130.317 in my view,God-willing.
Dear Dianajs,that is typical of multi-time frame analysis.The daily signal can only be buy where we to have a strong close(preferably a high time frame such as 4H above the previous day's daily candle high.Moreover,the initial uptrend has broken two uptrend lines under 4H time frame with a close below the previous week's low.Then the rallies did not take out the most recent 4 H high(as at last week and till date,I mean).Finally note that just concluded uptrend halted right after touching the last low that brought the price down to 154.70 level.Also watch candle stick patterns at the end of the just concluded uptrend and this at a daily time frame resistance level.And this is my view and God knows best.
I believe that we are set for a potential 3000 pips drop in the price of GBPJPY. Conservative traders may wait till we break the 154.70 low level on daily time-frame,confirm the push down and then ride it down to 130.317 in my view,God-willing.
to turn humble investments into huge fortune with minimal risk ...
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