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GBP/JPY

  • #3,461
  • Oct 2, 2020 7:12am Oct 2, 2020 7:12am
Short for me
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  • #3,463
  • Oct 3, 2020 10:50pm Oct 3, 2020 10:50pm
Quoting oordjb
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That is great, best $12 spent ,good information that covers about all currencies ,, I like his funny accent , his style of wave analysis is very probable since markets always moving where liquidity and stop losses are! .
  • #3,464
  • Oct 4, 2020 12:56am Oct 4, 2020 12:56am
Quoting oordjb
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Let me introduce you to the User Guide for Forex Factory

https://www.forexfactory.com/userguide

Specifically

VIII. No commercial agendas

Members may not use Forex Factory to promote a product or service, either their own or someone else's. This includes products or services that are planned for the future. If a member's posts can link them to a commercial enterprise in the financial markets, they're in violation of this code.

Members who are focused on a product or service, or new members who mention a little-known website, are generally suspected to be company shills. Action may be taken against suspected shills without conclusive evidence, as they compromise the integrity of discussions and can be difficult to prove conclusively.

Members who wish to promote a commercial product or service must be designated a 'Commercial Member' and are expected to abide by the Commercial Code of Conduct.

Good luck and good bye
It takes a lot for me to IGNORE you, but you can try.
  • #3,465
  • Oct 4, 2020 9:13am Oct 4, 2020 9:13am
Quoting Erebus
{quote} Let me introduce you to the User Guide for Forex Factory https://www.forexfactory.com/userguide Specifically VIII. No commercial agendas Members may not use Forex Factory to promote a product or service, either their own or someone else's. This includes products or services that are planned for the future. If a member's posts can link them to a commercial enterprise in the financial markets, they're in violation of this code. Members who are focused on a product or service, or new members who mention a little-known website, are...
I apologize. Didn't realize that was a violation. He was interested in waves and this was a wave site. And no, I am not a company shill. I do see the policy and I should have done it in a private message. Again, sorry for violating the policy.
Defeat is temporary, but giving up is permanent.
  • #3,466
  • Oct 5, 2020 8:12am Oct 5, 2020 8:12am
Quoting danizani95
Short for me{image}
Stop
  • #3,467
  • Oct 6, 2020 1:05am Oct 6, 2020 1:05am
We are at resistance..
Monthly pivot: 137.33 & Weekly R1: 137.44 and Fib 44,7% (from the down swing) :137.36
  • #3,468
  • Oct 6, 2020 2:43am Oct 6, 2020 2:43am
Quoting msniper
i think the best area to sell is inside the pink circle {image}
I think you are right there, trying to wait for a proper setup is difficult... PA has been choppy for me the last month or so now.
Trade what you see, not what you think.
  • #3,469
  • Oct 6, 2020 2:44am Oct 6, 2020 2:44am
Quoting LuckyPunk
We are at resistance.. Monthly pivot: 137.33 & Weekly R1: 137.44 and Fib 44,7% (from the down swing) :137.36
sweet, that was nice rejection.. and for i would say keep selling this top..
  • #3,470
  • Oct 6, 2020 6:02am Oct 6, 2020 6:02am
Can somebody tell me what just happened, why the drop now?
  • #3,471
  • Oct 6, 2020 6:06am Oct 6, 2020 6:06am
Eu to ignore oct. 15 brexit deadline betting uk will back down
  • #3,472
  • Oct 6, 2020 6:46am Oct 6, 2020 6:46am
Quoting tablo998
Can somebody tell me what just happened, why the drop now?
Daily moves like today's are mainly driven by resistence/support price. in this case, as i wrote above we open London with strong resitence and sellers show up to sell
IMO not all moves are justify by news..
  • #3,473
  • Oct 6, 2020 7:19am Oct 6, 2020 7:19am
Quoting LuckyPunk
{quote} Daily moves like today's are mainly driven by resistence/support price. in this case, as i wrote above we open London with strong resitence and sellers show up to sell IMO not all moves are justify by news..
I agree with you, but I think in this case it is a combination of both
  • #3,474
  • Oct 6, 2020 10:26am Oct 6, 2020 10:26am
Quoting LuckyPunk
We are at resistance.. Monthly pivot: 137.33 & Weekly R1: 137.44 and Fib 44,7% (from the down swing) :137.36
I'm using the pivots and some fibs, but never heard about the 44,7 level... reading about it, do you find it very relevant ? thx
  • #3,475
  • Oct 6, 2020 11:24am Oct 6, 2020 11:24am
Quoting Tragruel
{quote} I'm using the pivots and some fibs, but never heard about the 44,7 level... reading about it, do you find it very relevant ? thx
It's relevant when converging with other levels.. tbh i never trade Fib level alone, it must converge with other Sup/Res or Pivots etc..
Also the 44% and 70% i use to place stop (above) when trading 38% and 62%, assuming the risk i'ts acceptable

I'm using the levels in screen shot below
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  • #3,476
  • Oct 7, 2020 12:59am Oct 7, 2020 12:59am
136.50 its level to sellers to show up... but if we breack that it can go to new high..
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  • #3,477
  • Oct 7, 2020 6:36am Oct 7, 2020 6:36am
i bought 136.37 i think we might see new high again near 138 or 139 area

lets see
  • #3,478
  • Oct 7, 2020 7:04am Oct 7, 2020 7:04am
Quoting msniper
i bought 136.37 i think we might see new high again near 138 or 139 area lets see
i put SL 136.28 just 9pips
  • #3,479
  • Oct 7, 2020 9:08am Oct 7, 2020 9:08am
Quoting msniper
i bought 136.37 i think we might see new high again near 138 or 139 area lets see
and I think we might go down... lol
Trade what you see, not what you think.
  • #3,480
  • Oct 7, 2020 12:13pm Oct 7, 2020 12:13pm
it all goes down to Trump tweets but i think we will test 138 before going down ..
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