Dislikedso what are those period lines and what chart(Time Frame) is best for this technique?Ignored
Learning Requires Failure
EurAnalysis Kindergarten 24 replies
Dislikedso what are those period lines and what chart(Time Frame) is best for this technique?Ignored
DislikedEURUSD Bias remain Side to Down..
EURGBP & EURJPY delaying break..
EURGBP capped by major weekly supply/resist doing the hip hop with GBPUSD..
EURJPY break delayed by USDJPY.. USDJPY @/near major weekly supply/resist..
GBPUSD break near confirmation..
D1 Update 10252012
AttachmentIgnored
Dislikedyes sir in chart you will notice two box ranges
above box 77 pips lower box 76 pips lower end of upper box is 1.5889 and upper end of lower box is the same, so when another potential target for the next range could be like this
total of two boxes = 77 pips + 76 pips = 153 pips
now if you add this 153 pips to the price 1.5889 which is boundary of both the boxes you will get this number [color=Red]1.6142,
while typing high printed 6143
[size=5][size=4][size=2] i hope you are getting some ideas[size=2],...Ignored
DislikedI'm not familiar with any boxes but it seems that you are demonstrating a simply range breakout target measurement. I've attached a chart where you can see three fibos in it. Every fibo measure's the length of the range and projects the future target out of it with the same size as the range. It's a very common tech analysis tool because it's simple yet effective. Of course, you need to use discretion when those conditions apply and when they don't.Ignored
DislikedWhy do you think Yen will strengthen instead of weakening? Or your call for 100.xx is pure technical?Ignored
DislikedJust returned, thanks for your reply - I'll take a look when I'm finished with the NY SessionIgnored
Dislikedi see supp at 2929 which happens to be today's S1 but real supp around 2905 number the only prob with this number 2905 is this that this number breaks the daily up demand line which happens to be at 2914/15
good luck!Ignored
DislikedIs this a true H&S forming on eu/jpy? It is tentative to speculate any positions on the pair but since usd/jpy might get pullback, could it be a good short?Ignored