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Daily GBP/JPY analysis

  • #7,161
  • Jun 27, 2007 6:40am Jun 27, 2007 6:40am
Quoting dimmi
Where can you see that live info?
NYSE.com
  • #7,162
  • Jun 27, 2007 6:44am Jun 27, 2007 6:44am
38.2 fibo seems to have become a strong support today just like how 23.6 fibo was yesterday...yesterday there was a bounce back from that level...lets see what it does today and tomorrow...
  • #7,163
  • Jun 27, 2007 6:50am Jun 27, 2007 6:50am
You want to be short after swaps are calculated. Long until then.

Just an opinion, though. Personally, I'm out until something concrete emerges (which I believe will be a continuation of the downtrend). I've made enough pips off this move already this week to not feel the need to be pushy.
  • #7,164
  • Jun 27, 2007 6:59am Jun 27, 2007 6:59am
Quoting nathbear
You want to be short after swaps are calculated. Long until then.

Just an opinion, though. Personally, I'm out until something concrete emerges (which I believe will be a continuation of the downtrend). I've made enough pips off this move already this week to not feel the need to be pushy.
same here, made almost 200 pips but now i'm out, the beast is doing nonsense up and down move boucing up on 244 and twisting around EMA50 M5...
  • #7,165
  • Jun 27, 2007 7:09am Jun 27, 2007 7:09am
this is wave C from 246,95 and she ended at min 244 ,50
  • #7,166
  • Jun 27, 2007 7:15am Jun 27, 2007 7:15am
sorry 243,50
  • #7,167
  • Jun 27, 2007 7:15am Jun 27, 2007 7:15am
Quoting mistas
this is wave C from 246,95 and she ended at min 244 ,50
and that means what.
BAM BAM BOOM! -bravado
  • #7,168
  • Jun 27, 2007 7:29am Jun 27, 2007 7:29am
This is pair has no sense of direction at the moment. I'm expecting it to attempt to break 244.00 again, which has been unsuccessful so far.
  • #7,169
  • Jun 27, 2007 7:34am Jun 27, 2007 7:34am
Quoting ukutrader
This is pair has no sense of direction at the moment. I'm expecting it to attempt to break 244.00 again, which has been unsuccessful so far.
seriously?
BAM BAM BOOM! -bravado
  • #7,170
  • Jun 27, 2007 7:34am Jun 27, 2007 7:34am
WHEN it is correction a b c OF BIG WAVE 4 THEN WE MIGHT BE TO UPTREND TO 248,50 - 249,00. bUT IT IS STILL WAVE4 ACCORDINGLY CONTINUUING IN WAVE B AND THEN WAVE C TO 240,00. MAYBE THEN UPTRREND 250,00 AND HIGHER. SORRY FOR MY POOR ENGLISH.
  • #7,171
  • Jun 27, 2007 7:35am Jun 27, 2007 7:35am
lol...these crosses are moving up and down like crazy ....
  • #7,172
  • Jun 27, 2007 7:46am Jun 27, 2007 7:46am
Quoting ukutrader
..to break 244.00..
looked at the chart after you said this and yes is quite possible.
BAM BAM BOOM! -bravado
  • #7,173
  • Jun 27, 2007 7:47am Jun 27, 2007 7:47am
Quoting mistas
WHEN it is correction a b c OF BIG WAVE 4 THEN WE MIGHT BE TO UPTREND TO 248,50 - 249,00. bUT IT IS STILL WAVE4 ACCORDINGLY CONTINUUING IN WAVE B AND THEN WAVE C TO 240,00. MAYBE THEN UPTRREND 250,00 AND HIGHER. SORRY FOR MY POOR ENGLISH.
you better be right.

if things go right, it's because of me and my analysis.
if things go wrong, it'll be your fault there mistas. you said it would go up.
BAM BAM BOOM! -bravado
  • #7,174
  • Jun 27, 2007 7:49am Jun 27, 2007 7:49am
Quoting bravado
you better be right.

if things go right, it's because of me and my analysis.
if things go wrong, it'll be your fault there mistas. you said it would go up.
That's the point of elliot wave traders, they are allways right ^^ only the price is wrong and did not respect the waves

Elliot waves = mumbo jumbo
  • #7,175
  • Jun 27, 2007 7:50am Jun 27, 2007 7:50am
Wave A Or C Is Not Completely We Must Going Down Min To 243,60
  • #7,176
  • Jun 27, 2007 7:52am Jun 27, 2007 7:52am
Or could of completed an hrly ABCDE set LOL

limits are set 45.10
entry buy 43.52
"Millionaires don't use astrology, billionaires do"
  • #7,177
  • Jun 27, 2007 7:52am Jun 27, 2007 7:52am
Quoting mistas
Wave A Or C Is Not Completely We Must Going Down Min To 243,60
well it does look like it could drop another 100 pips when least expected. and real quick too.
BAM BAM BOOM! -bravado
  • #7,178
  • Jun 27, 2007 7:56am Jun 27, 2007 7:56am
Quoting bravado
well it does look like it could drop another 100 pips when least expected. and real quick too.
lol bravado i just saw this. Good one!


if i helped you any, i assure you it was purely by accident. -bravado

what others say about me:
impressive analysis. one of the best that i've ever read. -pino2
you are forex god. -cesarnc
brilliant. -Gmak
you're the perfect trader. -DutchTrader
man, you truly are bored. -WTB
  • #7,179
  • Jun 27, 2007 8:05am Jun 27, 2007 8:05am
Quoting jest1081
lol bravado i just saw this. Good one!


if i helped you any, i assure you it was purely by accident. -bravado

what others say about me:
impressive analysis. one of the best that i've ever read. -pino2
you are forex god. -cesarnc
brilliant. -Gmak
you're the perfect trader. -DutchTrader
man, you truly are bored. -WTB
well they all said it. except the larger content of the messages posted were omitted of course.
BAM BAM BOOM! -bravado
  • #7,180
  • Jun 27, 2007 8:08am Jun 27, 2007 8:08am
Quoting bravado
well it does look like it could drop another 100 pips when least expected. and real quick too.
According to wave A²+B²=C² and 1+1=2 we could also go up 100 pips or more.... or less.... or the contrary of what said before...

Eventually, it could go sideway for a couple of hour or more.... or less....
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