Dragon or Snake - GU, UJ, GJ, EU, EJ | Page 65 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Has anyone heard of the snake up snake down strategy? 0 replies

Snake Indicator 24 replies

Snake In The Clean Shadow. 3 replies

Add (sound) alert to Snake Force Indicator 0 replies

Snake-Eye Trading Method 24 replies

Attachments: Dragon or Snake - GU, UJ, GJ, EU, EJ
Exit Attachments

Dragon or Snake - GU, UJ, GJ, EU, EJ

  • #1,281
  • Feb 26, 2018 8:10am Feb 26, 2018 8:10am
Could hit the lower trend line now. But I'll hold it for tomorrow if it's not there yet. Today daily range is almost hit. And Draghi is gonna yap soon.
  • #1,282
  • Feb 26, 2018 8:14am Feb 26, 2018 8:14am
The below was posted yesterday and we should look for a bearish technical outlook for the week in general on EURJPY. We may see the occasional northward pullbacks or sideways operation but the major market direction, technically, is southward.

Trade safe and prosper.

KP

Quoting KeenPips
I am bearish on EURJPY. Here's why, from a technical perspective. On the daily time frame, price action has broken down an ascending channel (magenta) within which it has operated since September 2017. The technical structure on the daily time frame favours a bearish continuation. A likely target of bears is the 127.830 area, which is confluence with the lowest point of the channel support; this may extend to the 126.430 area. On the H4 time frame, the angle of the descending trendline (navy) suggests a strong bearish mood. We may not see more than...
Do your homework, follow the footprints of smart money
  • #1,283
  • Feb 26, 2018 8:19am Feb 26, 2018 8:19am
Quoting maflip
Could hit the lower trend line now. But I'll hold it for tomorrow if it's not there yet. Today daily range is almost hit. And Draghi is gonna yap soon.
There might be another race up....lol. Keep your running shoes on
Never Ever Give Up
  • #1,284
  • Feb 26, 2018 8:20am Feb 26, 2018 8:20am
Quoting sumar
{quote} There might be another race up....lol. Keep your running shoes on
yeah who knows maybe Draghi is gonna mess it up lol
  • #1,285
  • Feb 26, 2018 8:21am Feb 26, 2018 8:21am
GU H1 and M30 ascending trendline hit.....breaking through
Never Ever Give Up
  • #1,286
  • Feb 26, 2018 8:35am Feb 26, 2018 8:35am
Quoting Alastair
Opened first short on G/U seems to be stalling. *please do not follow.
chickened out and closed..
Keep It Simple Stupid
  • #1,287
  • Feb 26, 2018 8:43am Feb 26, 2018 8:43am
Quoting Alastair
{quote} chickened out and closed..
Lol. Better safe. I also closed. looking at going long.....
Never Ever Give Up
  • #1,288
  • Feb 26, 2018 9:04am Feb 26, 2018 9:04am
The dollar's response to the home sales data.....62000 less then target?....ok, it's fine
Never Ever Give Up
  • #1,289
  • Feb 26, 2018 10:49am Feb 26, 2018 10:49am
Hope you guys made plenty of pips today. Was a fun day on GU up hard then down hard. Hopefully tomorrow they can finally breakout of this narrowing range. Been consolidating for awhile. It's time for them to decide.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #1,290
  • Feb 26, 2018 10:54am Feb 26, 2018 10:54am
Quoting maflip
Hope you guys made plenty of pips today. Was a fun day on GU up hard then down hard. Hopefully tomorrow they can finally breakout of this narrowing range. Been consolidating for awhile. It's time for them to decide. {image}
At the moment it looks like it's not going to retest the bottom trendline of the triangle.....but maybe..... Still 3 hours to go for my H4 to close
Never Ever Give Up
  • #1,291
  • Feb 26, 2018 11:20am Feb 26, 2018 11:20am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_19.png Size: 95 KB
Regard NOOR16
  • #1,292
  • Feb 26, 2018 11:21am Feb 26, 2018 11:21am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20.png Size: 83 KB
Regard NOOR16
  • #1,293
  • Feb 26, 2018 11:29am Feb 26, 2018 11:29am
Quoting sumar
{quote} At the moment it looks like it's not going to retest the bottom trendline of the triangle.....but maybe..... Still 3 hours to go for my H4 to close
It's fine, it's time for bed anyway. Hopefully they decide on something tomorrow.
  • #1,294
  • Edited 12:43am Feb 27, 2018 12:31am | Edited 12:43am
Quoting maflip
{quote} It's fine, it's time for bed anyway. Hopefully they decide on something tomorrow.
Are we looking at retesting the top trendline of the GU H4 triangle? Or are going to go down? Still in a tight range
Never Ever Give Up
  • #1,295
  • Feb 27, 2018 1:52am Feb 27, 2018 1:52am
Quoting sumar
{quote} Are we looking at retesting the top trendline of the GU H4 triangle? Or are going to go down? Still in a tight range
Just a guess maybe up to .40000 first then they will think about it.
  • #1,296
  • Feb 27, 2018 1:54am Feb 27, 2018 1:54am
Quoting maflip
{quote} Just a guess maybe up to .40000 first then they will think about it.
So.... I'm at 50/50 at the moment. Can also reverse at London open.
  • #1,297
  • Feb 27, 2018 2:11am Feb 27, 2018 2:11am
pulled the trigger short on GJ.
Keep It Simple Stupid
  • #1,298
  • Feb 27, 2018 2:22am Feb 27, 2018 2:22am
Quoting maflip
{quote} So.... I'm at 50/50 at the moment. Can also reverse at London open.
I'm lucky today....lol. I've took a chance and put in a long and went out just before LO. Lucky it did not reverse at LO. Looking at about 30 pips at 1.4000. If it goes up to the trendline I'll be smiling
Never Ever Give Up
  • #1,299
  • Feb 27, 2018 2:31am Feb 27, 2018 2:31am
Quoting sumar
{quote} I'm lucky today....lol. I've took a chance and put in a long and went out just before LO. Lucky it did not reverse at LO. Looking at about 30 pips at 1.4000. If it goes up to the trendline I'll be smiling
So far missed 1.4000 by 4 pips
  • #1,300
  • Feb 27, 2018 2:36am Feb 27, 2018 2:36am
Quoting maflip
{quote} So far missed 1.4000 by 4 pips
Closed. Hopefully it's only a retracement. H1 Bouncing from 200 EMA
Never Ever Give Up
0 traders viewing now