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GBPJPY
Anggota Sejak Feb 21, 2016
5 pos
Anggota Sejak Feb 21, 2016
5 pos
Mar 06, 2016 at 08:10
Anggota Sejak Feb 21, 2016
5 pos
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
Anggota Sejak Dec 09, 2015
823 pos
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.
Anggota Sejak Oct 11, 2013
775 pos
Mar 08, 2016 at 08:23
Anggota Sejak Feb 15, 2016
165 pos
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 ...
Anggota Sejak Feb 21, 2016
5 pos
Anggota Sejak Oct 02, 2014
909 pos
Mar 17, 2016 at 12:45
Anggota Sejak Feb 15, 2016
165 pos
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
Anggota Sejak Feb 15, 2016
165 pos
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
Anggota Sejak Feb 15, 2016
165 pos
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 ...
Anggota Sejak Oct 02, 2014
909 pos
Mar 18, 2016 at 14:53
Anggota Sejak Feb 15, 2016
165 pos
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
Anggota Sejak Dec 09, 2015
823 pos
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
Anggota Sejak Feb 15, 2016
165 pos
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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