Author of: For Pip's Sake! (Available at Amazon... :-) )
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
Dislikedthis is the typical entry set up that i use. 1hr chart count as road map. entry signal on 15 min chart. sl at 1 pip below the thrust bar (in this case was about 20 pips sl).
only thing that concerns me is ... the volume at this hour (sidney open) typically considered low volume. if it gets to upper tl then i'll be happy.Ignored
DislikedThanks for setting up this forum. The new rules are most welcome.
FYI, a down facing (bullish reversal) wedge can now be seen on the 1hr GJ chartIgnored
Dislikedtypically when trading at home. the boss (wife) goes nuts. in this case, take 50% off the table since the upper tl is reached. still gives you 80/2 = 40 pips in profit. 1:2 r:r. move sl at be. make boss happy. still think lots of room to north, looking at 1hr stoch. 137.30 area should be the ideal target.Ignored
DislikedGJ
Technically we have see approx 450 pips drop from GJ after 1000 pips spike upward. 135.70 major support and monthly candle still above monthly gann and weekly candle still above 50 EMA weekly. Bull still control the movement.Ignored
DislikedWe have another 17 days before Monthly gann flip. If we take a look at H4 TF, we might see reversal pattern.
p/s: You bloody greedy b%&@##. . How many pair you trade?Ignored
Dislikedwe got a momentum shift. looking forward to see a bullish divergence at london. pink line is lower TL of the wedge (ending diagonal).
if pattern matures as a wedge then initial target should be ar'd 137.50 area (beginning of the pattern).Ignored
DislikedAgree, bro based on your chart, it show bullish formation or bullish wedge. When the pattern complete, we might see bullish breakout.Ignored
DislikedOk, no longer multi-tasking and trading, just opened 20 lots on a 10k account....FML.....most stressful 5 minutes ever, good thing it's in consolidation/STRange mode....I meant .2 lots for tomorrow...not 20Ignored
DislikedGreat TA here guys.
There is nothing I can contribute that has not already been posted in a chart over the last day. NICE!
I will just state that after those whopping bullish bars on JPY pairs that month, I am looking for long term buys on JPY pairs (Mainly U/J and G/J). We are getting the retrace right now that I have been looking for.Ignored
DislikedAgree, bro based on your chart, it show bullish formation or bullish wedge. When the pattern complete, we might see bullish breakout.Ignored