Disliked{quote} Pullback /reversal overdue. But lets see if TA plays out right. The Yen is just getting weaker and weaker and what i see on the JXY index isnt looking good. WTI is over 112$ now. Japan says they are upto something next month.. lol CADJPY D1. {image}Ignored
- #382
- May 6, 2022 9:43am May 6, 2022 9:43am
- | Joined Nov 2019 | Status: Trader | 1,170 Posts
Uncertainty of the market must be embraced and accepted.
- #383
- May 6, 2022 2:31pm May 6, 2022 2:31pm
- | Joined Nov 2019 | Status: Trader | 1,170 Posts
Uncertainty of the market must be embraced and accepted.
- #384
- Jun 3, 2022 4:35pm Jun 3, 2022 4:35pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
Looks easy after 
It takes a lot for me to IGNORE you, but you can try.
- #385
- Jun 4, 2022 11:40am Jun 4, 2022 11:40am
- Joined Jul 2013 | Status: Trader | 2,917 Posts
Looks easy after
what was hard about it??? I took over 400 pips from it.
- #386
- Jun 4, 2022 6:10pm Jun 4, 2022 6:10pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
{quote} what was hard about it??? I took over 400 pips from it.
It takes a lot for me to IGNORE you, but you can try.
- #387
- Jun 4, 2022 7:58pm Jun 4, 2022 7:58pm
- Joined Jul 2013 | Status: Trader | 2,917 Posts
{quote} Please open a TE and show us the easy way, even on demo is good, thanks
cheers
- #388
- Jun 8, 2022 10:23am Jun 8, 2022 10:23am
- Joined Dec 2019 | Status: Trader | 5,597 Posts
Learn from your mistakes and march on.
- #393
- Mar 18, 2023 10:00pm Mar 18, 2023 10:00pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
Happy 2023 to CADJPY, no one posted it yet.
Let's do a deep dive and see what is happening on the Price Action.
Be sure to Like, Comment and Subscribe, thanks.
Just kidding, watching too much YouTube obviously, let's jump right in to the Monthly.
Since the Covid low of 2020, 73.80, price rose to the high 110.50, a mighty effort of 3,670 pips.
The recent down swing has retraced 38% and a possible lower high could be in place.
A 38% retracement projects a 61% extension at 85.00 which corresponds to the other analysis and levels.
Let's do a deep dive and see what is happening on the Price Action.
Be sure to Like, Comment and Subscribe, thanks.
Just kidding, watching too much YouTube obviously, let's jump right in to the Monthly.
Since the Covid low of 2020, 73.80, price rose to the high 110.50, a mighty effort of 3,670 pips.
The recent down swing has retraced 38% and a possible lower high could be in place.
A 38% retracement projects a 61% extension at 85.00 which corresponds to the other analysis and levels.
It takes a lot for me to IGNORE you, but you can try.
- #394
- Mar 18, 2023 10:08pm Mar 18, 2023 10:08pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
On to the Weekly chart where we can see the previous week's RED candle was a SELL signal
And last week's retracement, can you guess where that High went too?
And last week's retracement, can you guess where that High went too?
It takes a lot for me to IGNORE you, but you can try.
- #395
- Mar 18, 2023 10:16pm Mar 18, 2023 10:16pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
And the Daily, if you didn't get the bearish bias yet, let me know what you're seeing.
Again, big RED candle previous signaled a SELL entry, right across the trend line.
Did you get the retracement right? 50% - not even Fibonacci, just a regular trading level.
How close was your broker data, Tradingview has it as 98.701 and 98.704
That is spooky if you ask me
Again, big RED candle previous signaled a SELL entry, right across the trend line.
Did you get the retracement right? 50% - not even Fibonacci, just a regular trading level.
How close was your broker data, Tradingview has it as 98.701 and 98.704
That is spooky if you ask me
It takes a lot for me to IGNORE you, but you can try.
- #396
- Mar 18, 2023 10:27pm Mar 18, 2023 10:27pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
I know what you're thinking, we don't trade the monthly, the weekly or even the daily chart
So, what to do? You can have a bias and watch the price action.
Take Friday for instance, JPY was strong again.
Stocks down, Yen up, that is how the world is supposed to act.
Right on cue at London session, what happens?
100 pips move that would keep any scalper happy.
So, what to do? You can have a bias and watch the price action.
Take Friday for instance, JPY was strong again.
Stocks down, Yen up, that is how the world is supposed to act.
Right on cue at London session, what happens?
100 pips move that would keep any scalper happy.
It takes a lot for me to IGNORE you, but you can try.
- #397
- Mar 18, 2023 10:34pm Mar 18, 2023 10:34pm
- Joined Jul 2011 | Status: Gold Again | 10,568 Posts
Notice that many pairs increased their ADR (10) over their ADR (100)
With all the JPY pairs up there.
With all the JPY pairs up there.
It takes a lot for me to IGNORE you, but you can try.
