Dragon or Snake - GU, UJ, GJ, EU, EJ | Page 72 | Forex Factory

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

  • #1,421
  • Mar 7, 2018 10:40am Mar 7, 2018 10:40am
Quoting sumar
{quote} Well done
I'm still in bro. But now I can't loose gonna watch a movie hopefully when I get back I get my full 64 pips. If not today, tomorrow.
  • #1,422
  • Edited 2:51am Mar 8, 2018 12:50am | Edited 2:51am
I hope you guys (and gals) have a "pipfull" day. What's your take on GU today Maflip? And GJ, Allistair?
Never Ever Give Up
  • #1,423
  • Mar 8, 2018 2:24am Mar 8, 2018 2:24am
Quoting sumar
I hope you guys (and gals) have a "pipfull" day. What's your take on GU today Maflip? And GJ Allistair?
Holding my bullets on GU till after NFP tomorrow. But one more test on that down trendline we have been profiting on for days may not hold anymore if hit. That line is already tired and gets fragile each time its hit.
  • #1,424
  • Mar 8, 2018 2:54am Mar 8, 2018 2:54am
Quoting maflip
{quote} Holding my bullets on GU till after NFP tomorrow. But one more test on that down trendline we have been profiting on for days may not hold anymore if hit. That line is already tired and gets fragile each time its hit.
GU volume seems to be very low. So far only 27 pips range
Never Ever Give Up
  • #1,425
  • Mar 8, 2018 5:27am Mar 8, 2018 5:27am
Quoting sumar
{quote} GU volume seems to be very low. So far only 27 pips range
Seems my EU short yesterday is right. I was just too nimble as the trade is counter trend. Bid rate later though bastard can change direction again. That H&S pattern is still in play even if EU is going down now.
  • #1,426
  • Mar 8, 2018 11:49am Mar 8, 2018 11:49am
EU
Potential area for Long , going for form Head n Shoulder
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_9.png Size: 79 KB
Regard NOOR16
  • #1,427
  • Edited 10:36pm Mar 8, 2018 11:55am | Edited 10:36pm
GU is dropping like hell...but I'm not complaining......lol
Never Ever Give Up
  • #1,428
  • Mar 8, 2018 7:16pm Mar 8, 2018 7:16pm
Quoting Noor16
EU Potential area for Long , going for form Head n Shoulder {image}
Agree that area needs to hold for the pattern to still be in play. Otherwise it's a scratch. NFP later today we will find out.
  • #1,429
  • Mar 9, 2018 5:16am Mar 9, 2018 5:16am
This thread show clear signs of dying.... It happens when the thread owner does not contribute to keep it active. It's a pity. The snake and dragon levels Ed provided was a tremendous help for us newbies
Never Ever Give Up
  • #1,430
  • Mar 9, 2018 5:19am Mar 9, 2018 5:19am
The 1.3818/20 level provide strong GU resistance. Tested 5 times on the H1 and 8 times on M15. I hope it will break soon before NFP for a strong move to the upside
Never Ever Give Up
  • #1,431
  • Mar 9, 2018 5:29am Mar 9, 2018 5:29am
Quoting sumar
The 1.3818/20 level provide strong GU resistance. Tested 5 times on the H1 and 8 times on M15. I hope it will break soon before NFP for a strong move to the upside
Finally it looks like it is caving in......
Never Ever Give Up
  • #1,432
  • Mar 9, 2018 7:51am Mar 9, 2018 7:51am
If EU .22700 holds H&S pattern is still game. If it goes below that time to sell the rallies again.
  • #1,433
  • Mar 9, 2018 7:53am Mar 9, 2018 7:53am
Quoting sumar
This thread show clear signs of dying.... It happens when the thread owner does not contribute to keep it active. It's a pity. The snake and dragon levels Ed provided was a tremendous help for us newbies
Yeah but it's also funny how other threads are analyzing before a major release. All those analysis can become stratch post NFP. Unless they are trading monthly chart.
  • #1,434
  • Mar 11, 2018 4:34pm Mar 11, 2018 4:34pm
Here's a top-down technical perspective on EURJPY.

Price action on the weekly time frame continues a southward move but last week saw a retracement northward; which failed to breach the high of the bearish candlestick formed two weeks ago. The location of price action is around an S/R zone and in confluence with the 50 Fib zone of the downward swing from the high of December 2014 to the low of June 2016. We may expect further southward move after a sideways operation in the early part of this week. An initial target of bears is likely to be the immediate minor support around the 127.920 area. Should bears achieve that target, a bigger target is the major support around 122.470 area, the origin of a major northward push in June 2017.

On the daily time frame, price action has rejected an ascending trendline (navy) which acted as support to turn southward, respecting a resistance trendline (magenta).The most recent price action retraced towards this resistance trendline at a confluence of a horizontal resistance around the 131.740 area. The wicky nature of the candlestick formed last Friday indicates the probability of a southward turnaround, perhaps after a sideways operation in the early part of this week. The technicals are synced for a southward move.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_W1_11th_Mar.,_2018.png Size: 45 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_D1_11th_Mar.,_2018.png Size: 48 KB
Do your homework, follow the footprints of smart money
  • #1,435
  • Mar 12, 2018 10:37pm Mar 12, 2018 10:37pm
Quoting Ksth
here we go 148.6 then short . Good luck and green pips all bros .
wew. wait 2weeks then near target >.<
  • #1,436
  • Mar 13, 2018 6:10am Mar 13, 2018 6:10am
Quoting maflip
{quote} Yeah but it's also funny how other threads are analyzing before a major release. All those analysis can become stratch post NFP. Unless they are trading monthly chart.
Consider starting your own thread. I'm sure that with your experience and knowledge you will offer much to us as subscribers (us newbies especially). Seeing that Edmund is nowhere to be found.......
Never Ever Give Up
  • #1,437
  • Mar 13, 2018 6:40am Mar 13, 2018 6:40am
Quoting sumar
{quote} Consider starting your own thread. I'm sure that with your experience and knowledge you will offer much to us as subscribers (us newbies especially). Seeing that Edmund is nowhere to be found.......
sumar or maflip , one of you go open a new thread since I am going trade full time [ got some one support me money ] , I am now coding heavy , I will follow u thread when I settle down .
** I do data analysis manual enter almost daily 1000 line*10 lolz
Exits == most important part of your strategy
  • #1,438
  • Mar 13, 2018 6:49am Mar 13, 2018 6:49am
Quoting edmun1388
{quote} since I am going trade full time [ got some one support me money ]
lol
  • #1,439
  • Mar 13, 2018 7:23am Mar 13, 2018 7:23am
Quoting edmun1388
{quote} sumar or maflip , one of you go open a new thread since I am going trade full time [ got some one support me money ] , I am now coding heavy , I will follow u thread when I settle down . ** I do data analysis manual enter almost daily 1000 line*10 lolz
All the best bro
Never Ever Give Up
  • #1,440
  • Mar 13, 2018 7:46am Mar 13, 2018 7:46am
Quoting sumar
{quote} Consider starting your own thread. I'm sure that with your experience and knowledge you will offer much to us as subscribers (us newbies especially). Seeing that Edmund is nowhere to be found.......
Hah hah bro i'm not into starting a new thread. Look at it this way. There are many threads out there with thread starters no longer to be found but it's still alive and kicking. I can hangout with you at the GU thread. Or other threads.
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