If am not mistaken, we would likely see Dow Jones short covering in the last two hours or so .. thus bringing GJ up as well ..
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DislikedIf am not mistaken, we would likely see Dow Jones short covering in the last two hours or so .. thus bringing GJ up as well ..Ignored
Dislikedjust like yesterday then .....lol....
look like pennant to me 5 min and the price is still under the opne range low on YM ...I have a 1-2-3 sell formation ym that if plays out could get it under the lows of today and it has not tested 9000 yet ... bet they push it down there soonIgnored
Quoting actionforexDislikedWith 4 hours MACD crossed above signal line, an intraday low is possibly in place. More consolidation could be seen in GBP/JPY above 170.88. However, recovery should be limited by 182.19 resistance and bring fall resumption to next short term target of 100% projection of 215.87 to 184.47 from 197.42 at 166.02 first. On the upside, above 182.19 will indicate that a short term bottom might be in place and bring lengthier consolidation before resuming the medium term down trend.
In the bigger picture, 180 psychological support is taken out decisively. GBP/JPY is now pressing long term rising trend line support (129.32, 148.19). Sustained trading below will encourage fall to next medium term target of 100% projection of 251.09 to 192.60 from 215.87 at 157.38 and probably further to 148.19 low. On the upside, above 197.42 is needed to confirm that a medium term bottom is formed. Otherwise, outlook remains bearish.Ignored
Dislikedjust like yesterday then .....lol....
look like pennant to me 5 min and the price is still under the opne range low on YM ...I have a 1-2-3 sell formation ym that if plays out could get it under the lows of today and it has not tested 9000 yet ... bet they push it down there soonIgnored
DislikedLilmoe I hope you don't loose 100 pips because 1 hour qqe just crossed which should play out....normally does also as gj follows Dj we have new lows on daily candle for dj now pj will should follow suit anyway just sayin I hope you don't loose 100 of your 1000 pips for the day!!!Ignored
Dislikedmy entry should've been at .50, that was my only mistake... bad, itchy finger lool.
don't worry, malcomb said we should have a breakout on YM, we just did
i do take partial profit u knowIgnored
Dislikedhave you determined the end of this downside movement from 214?
while looking at the monthly chart, 169 or RSI around 20 seems to be a good area to pick a bottom for some wash up.. so i wonder if you have other thoughts?
Ignored
DislikedGood morning all,
My TP was hit 176 while I was sleeping, that's 400 in profit.
Anyway, I am looking at pullback to the TL and I think we will go up again later today. Entered new long position on the TL touchdown @ 172.50Ignored
DislikedYes as I was typing you made 55 pips so rock on big boy... Are still thinking way up like last night?Ignored
Dislikedto be honest, there's another mistake i made.
make a wave count from today's high up to now. we are currently at wave 4 of 5. SAME exact pattern yesterday at the very same time.
the only difference is that yesterday wave 4 was 38.2 of wave 2 to 3, and right now, this wave 4 just finished 50%.
if, and i say IF, we get a close above 15m gann, then i think the pattern will break, otherwise, i have taken partial profit and my SL is at b/e +10 now
nothing to loseIgnored
Dislikedhave you determined the end of this downside movement from 214?
while looking at the monthly chart, 169 or RSI around 20 seems to be a good area to pick a bottom for some wash up.. so i wonder if you have other thoughts?
Ignored