Dislikedi got on a short on 228...do u think there will any retracement down before crossing ur 237 forecast??Ignored
GBP/JPY is whipsaw in short-term.
With Regards,
MKTrader
Not Risk Not Gain!
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Dislikedi got on a short on 228...do u think there will any retracement down before crossing ur 237 forecast??Ignored
DislikedSorry for my bad english.MK Trader on you daily chart is wave C and on this wave is now end of wave 4, and now arrives wave 5 of wave C which downtrend to minimum end of wave 3 area 221.00 or down. According to Elliott theory. This is my analysis and uncertain my forecast.Ignored
DislikedNotice the confluence of the resistance level of 228.60-80 and the .38 fib. This is an important point, and we may either see a sharp retrace, or in case it is broken, further upside action will follow. On the other hand, we could see a week of consolidation around this level, but I hope that doesn't happen, and that we'll see some nice moves pretty soon.Ignored
Dislikedhummm im using a diferente fibo configuration
whos H 238.18 and L 221.05
whos wrong ? hehe
hummm looks like that i was wrong with my fibos, but was working good anyway i think that theres alot of people that use this one also since it worked to well for me, anyway i will use the other one since looks much more important.
so.we r near the 38.2 fibo. looks bad to open a long right now.Ignored
DislikedHazz,
I did not see your chart posted.
What price is your 38.2% fibo, and what price is your 50% fibo ?Ignored
DislikedI believe we are in for a heck of a move up. The only thing I hate is my
broker is now charging 15 points for this pair. That's highway robbery....Ignored
Dislikedwhy would you want to pay 15 pips for GY? I am using MT4 platform and have 6 pips spread on GY.Ignored