DislikedAbout the trend, is it right you determine the trend with strength indicator?
If not, with what?
Thanks a lotIgnored
thats correct... you can also do this with MACD .. But I prefer the S I
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DislikedAbout the trend, is it right you determine the trend with strength indicator?
If not, with what?
Thanks a lotIgnored
DislikedI'm sorry...
But, i just wake up, and read a lot of same questions over and over again, i feel angry, i want to read the strategy...
I'm sorry again, but could you please read the post from previous page?
I don't online at ff all the times, and when i online again, i'm starting to read from the last page i left. Even sometimes i miss the signal coz a lot of pages, but i read them all.
Sorry again, pardon me...Ignored
Dislikedsorry if this sounds like a stupid question, but is the overall trend of the GBP\JPY still down ?Ignored
Disliked...we'll see in the next couple of days if the short term drop hit the bottom...the overall trend, of course, is up, but in the near term the bottom of this correction is not determined...however, it looks to me the bias is against the yen today...i'm much confident the resistance 242.00 will be taken out and next target 243.95.....and then who knows...up 200 pips..down 300 pips...take a pick..
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Disliked...we'll see in the next couple of days if the short term drop hit the bottom...the overall trend, of course, is up, but in the near term the bottom of this correction is not determined...however, it looks to me the bias is against the yen today...i'm much confident the resistance 242.00 will be taken out and next target 243.95.....and then who knows...up 200 pips..down 300 pips...take a pick..
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DislikedThe reason for this slow ride (kind of ranging)is because both the 15min and 30 min strength is bearish... but they are slowley closing in towards bull... when they turn bull we will see some foreworks.Ignored
aus...15 min and 30 min strenght bull already?
DislikedWhen i see indicator at 1 Hr, i think there will be a retracement before it going up to 243.
Momentum seem don't have enough power to shoot up, my stochastic RSI still pointing south, RSI flat, just MACD still show north.
Yesterday, all indicator pointing north ( just macd not yet confirm and is confirmed pointing north ), and the price slowly going up.
Please correct me if i'm wrong...Ignored
Disliked2hr Chart shows a Fib 0.618 @ 242.09 retracement from 244.37 downtrend to 238.28. This is also past resistance from June 7th. 242.09, I think will be a tough area to break. Also USD/JPY was unable to break the 119.28 fib retracement 4 times on the 1H chart and has been in consolidation as well. This will have some effect on the GJ pair. Last but not least cable has to be watched carefully as it also was unable to break above its fib 0.382 @ 2.0320 area. However if cable move to its fib 0.50 retracement @ 2.0370 or the 0.618 @ 2.0415 then we might see some action upwards in GBP/JPY. Cable most often retraces at FIB 0.50. Presently no confirmation on direction based on my analysis, but as usual it always pay to wait.
ANY COMMENTS???Ignored
Disliked2hr Chart shows a Fib 0.618 @ 242.09 retracement from 244.37 downtrend to 238.28. This is also past resistance from June 7th. 242.09, I think will be a tough area to break. Also USD/JPY was unable to break the 119.28 fib retracement 4 times on the 1H chart and has been in consolidation as well. This will have some effect on the GJ pair. Last but not least cable has to be watched carefully as it also was unable to break above its fib 0.382 @ 2.0320 area. However if cable move to its fib 0.50 retracement @ 2.0370 or the 0.618 @ 2.0415 then we might see some action upwards in GBP/JPY. Cable most often retraces at FIB 0.50. Presently no confirmation on direction based on my analysis, but as usual it always pay to wait.
ANY COMMENTS???Ignored
DislikedJPY Housing starts announcement due out in 10 minutes. Low impact but....Ignored