i know thread about gj, but since it follows cad/jpy, look, btw, i may exit my shorts after it test 204.8 again during tokyo
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Dislikedlilmoe, although i agree that a huge fall is coming at some point, i don't think it's gonna be from 209 area. more likely 213.50... 213.70... something like that.
daily chart shows more potential to go up.
you also need to take a look at g-u and u-j... and e-u. but i'll stop here, because i don't have the time to analyze everything now. just one more thing: i think g-u has to climb to at least 2.0450, e-u is going up for a retracement rally. think about what g-j can do in this situation. i, for one, don't see it falling yet.Ignored
Dislikedeveyone is NOT on the downside, for ur own info
i have never seen more than 150 viewers on this thread, and believe me that's not even a percentage of how many traders there are on this planet.
forex where i live is REALLY popular, and believe me, EVERYONE was long. the gap was a Huge shock to everyone. and NO, they didn't close their orders, they are still trapped in them up to this minute. believe me i know
i know more than 8 traders that called me on the phone today with "shivering voices" who had LARGE long orders whom i begged to reconsider before taking last friday.
the majority of retail traders are LONG. not short. only we are (we= a selected few on this thread, not everyone here is long either)
so plz, if someone wants to research market psychology, do it in another thread.
the next time someone comes talking about this bull shit, i'm not going to stay quit anymore. so u either go with the flow or with the mains strategy of this thread or keep ur ideas to urself.
thanks alot.Ignored
Dislikedsure, no problem, just wanted to share thoughts. no need to stress you with further details and contrary opinions. btw, you can easily make my posts disappear using the ignore function.Ignored
Disliked4H candle didn't close below the TL, I closed some shorts there n the rest SL is in profit, now gotta wait for the new daily momentum.. price might head up towards the daily 5smaIgnored
DislikedOk, i understand and accept that. But what is proof? For me it is not fibo, not always trendlines and not moving averages. I counter trends. So I can only watch for overbought/oversold and free room for advantages. However, I provided a technical analysis of what moved today, from what I derive a reversal when entering tokyo session. I can surely post pictures of what I mean, but I doubt this would coincide with this thread's methodologies.Ignored
DislikedOk, i understand and accept that. But what is proof? For me it is not fibo, not always trendlines and not moving averages. I counter trends. So I can only watch for overbought/oversold and free room for advantages. However, I provided a technical analysis of what moved today, from what I derive a reversal when entering tokyo session. I can surely post pictures of what I mean, but I doubt this would coincide with this thread's methodologies.Ignored
Disliked4H candle didn't close below the TL, I closed some shorts there n the rest SL is in profit, now gotta wait for the new daily momentum.. price might head up towards the daily 5smaIgnored
Dislikedwell, but bad trade open lol.
anyways, what made the wave today was yen almost alone, it rose for not less than 1.3%, a whole week amount, and is now back to +0.93. pound dropped for 0.8% though and is now back to -0.49, a critical level.
amazingly, usd wasnt involved at all! what else moved today was cad (-1% in a rush) and chf (+0.5%), usd's range was -0.25..+0.1%, so quite nothing in comparison. I'm wondering what will happen tomorrow, tendencies are reversal of the day before, usually.Ignored
DislikedI agree with you, usd was not involved in geppy's drop today. But if you look at the monthly cable chart, it's a descending triangle. This means the cable may fall to 1.91 -1.93. With U/J of 104, geppy will be ~200.Ignored
DislikedWell I've just added another Short from 205.60 I think this is as high as we go.
Price has retraced and bounced of 4hr 5 SMA and 1Hr Gann.
Anyone else?Ignored