i agree ... the 14 wma has been strong support on 4 hour on this up move .. we just got pull back to it .. for swing trading it is buy the dips or add to positions on the dips as long as the 50 sma on 4 hour is not taken out which right now is 134 , and bottom of my linear regression channel is 134
Taking into consideration the QQE + Gann method, if we see a 5m cross up on the QQE, it's a potential long entry.
what does this mean ..... you picking on me again ?
you had better focus on your trading ... from last 2 days results on zulu looks like you are confused , shows you are not a range trader. Easy to trade in a trend .. harder to trade in a range ..right now range gj is 140.80 to 140.20 only been up 1 hour and have made my pips for the day .
.. stop these stupid posts
Long GBPJPY at 140.60
Price should soar to R3 level today. (143.30)
If it doesnt, price might at least go to R2 (141.70)
I am goin to monitor this closely, and move SL to BE once the price hits 140.80
i appreciate your posts greatly, been helping very much so last couple of days
daily fib pivot
140.87 is one of them and had bearish div on 5 min.
I went short .
you could use them to get slightly better entries on swing trades with little draw down . I think this goes down to test 140.28 before heading up if it does ... 15 min looking toppy
I think you maybe right on test 141.5 today ...however I hear feds are jaw boning about the budget today. Not sure what effect this will have on the markets
Closed some longs
Have closed some of my longs now at this stalling in price. Wil leave the remainder running and will add if I see good opportunities above 141.50.
15 min hidden bearish div rsx ...
could retrace to 139.70 is 140.27 gives way .
I have not yet gone long off base of channel and may be favouring sell rallies while ES is heading own .
GU 30 min looking very toppy here , if this breaks will take gj down with her
range is really nice 140.80 tp 140.20 as mentioned .. racking and stacking the pips this morning... 4 times price has moved with in range
I think we may see break to up side if ES can break its open range high . It seems that the correlation gj to the markets is when the markets move up not down.
looks like it's at the top again. would shorts be in order for a scalp?
I've added a small long here at 140.73. Looks ready to move....
But my question is: What correlation is between ES and:
BS correlation ??
[quote=Piters;2566369]That's clear .. GY is correlated with YEN futures.. all Ny session YEn was the weakest currency across.
OK, now we see a rise to previous high, double top is a possibiity, but I won't be trading it. This move is strong and I think we'll now race to 143.
Still holding long.
im in for a little short from the top tight sl,141.44
sorry for asking something different from GJ, but I would like your opinion on CHFJPY.
On 1hr there is a diamond that's been broken to the upside.
I am long on this.
What do you think it could be a potential target?
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