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Daily GBP/JPY analysis

  • #12,221
  • Jul 31, 2007 7:45am Jul 31, 2007 7:45am
Wtf Just Happend?
Just Trade It
  • #12,222
  • Jul 31, 2007 7:51am Jul 31, 2007 7:51am
Quoting bravado
i told you i was hardcore.
hehe
  • #12,223
  • Jul 31, 2007 8:07am Jul 31, 2007 8:07am
the usual hicup at fibo number

Quoting Big Wave Rider
Wtf Just Happend?
,
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  • #12,224
  • Jul 31, 2007 8:08am Jul 31, 2007 8:08am
241.60-30

is low support too
  • #12,225
  • Jul 31, 2007 8:15am Jul 31, 2007 8:15am
Quoting Big Wave Rider
Wtf Just Happend?
The top of the wedge was hit and now the bottom is just about to. Look at my previous chart.

I will place my long at 241.5x and stop will be 40 pips down. Target just below 244.00, where I will reverse short.

Z
  • #12,226
  • Jul 31, 2007 8:27am Jul 31, 2007 8:27am
there is a possible chances for G J tp touch 243.50 -85 Fib 61.8 level as it go with in 2 to 4 hrs
  • #12,227
  • Jul 31, 2007 8:33am Jul 31, 2007 8:33am
On my 4h chart, next target is 244 , 23.6 fibo level and daily trendline
Trade what you see, not what you think.
  • #12,228
  • Jul 31, 2007 8:33am Jul 31, 2007 8:33am
Quoting PIPsminer
You doing great....mind sharing a llittle of your method to some of us who struggle to make 10pips today and lose 20 the next.

Anyway, enjoy urself, you re obvious excited...i pray i get there someday.
i remember that from when i started trading, from one of rob booker's free ebook.

not the best way to trade, as rob stated. he said it would be a good practice.
indeed, it was one of the greatest learning experiences i had.

people keep asking me to share my methods.

i do nothing out of the ordinary.
trend lines, channels, fibs, bollinger bands, macds, chart patterns, candle formations.. etc, etc.

information on these are out there for free.

if you want to become a better trader, look here:
http://www.forexfactory.com/search.php?searchid=1885484

anything i'd say has already been said and more.
BAM BAM BOOM! -bravado
  • #12,229
  • Jul 31, 2007 8:35am Jul 31, 2007 8:35am
Quoting bravado
..free ebook..out there for free.

anything i'd say has already been said and more.
unless you want someone to charge you money for these free materials.
maybe that'll make you think you are getting the real deal then.
BAM BAM BOOM! -bravado
  • #12,230
  • Jul 31, 2007 8:45am Jul 31, 2007 8:45am
Quoting karmostaji
On my 4h chart, next target is 244 , 23.6 fibo level and daily trendline

possible but the trend for the day is up may i see ur chart plz
  • #12,231
  • Jul 31, 2007 8:47am Jul 31, 2007 8:47am
forgot to mention, b4 244, we have 243.15 area to break
Trade what you see, not what you think.
  • #12,232
  • Jul 31, 2007 9:01am Jul 31, 2007 9:01am
If anyone evaluate my stuff, I would be most pleased:

I see shortrange up to 242.95 again, where two fibos dwell. If broken, then next level is H3 camarilla level 243.53 - if broken then next if 243.80-90, where all sorts of trendlines and fibos cross. That could be a major resistance for trip down, but dunno for what volume/extent.
  • #12,233
  • Jul 31, 2007 9:21am Jul 31, 2007 9:21am
im making a strateghy about G J and M30 time...
  • #12,234
  • Jul 31, 2007 9:33am Jul 31, 2007 9:33am
There should be strong resistance at 243.80-90 and I would expect a fairly large down movement. This will be the test to see whether it continues down or goes up.

Z

Quoting keramikus
If anyone evaluate my stuff, I would be most pleased:

I see shortrange up to 242.95 again, where two fibos dwell. If broken, then next level is H3 camarilla level 243.53 - if broken then next if 243.80-90, where all sorts of trendlines and fibos cross. That could be a major resistance for trip down, but dunno for what volume/extent.
  • #12,235
  • Jul 31, 2007 9:48am Jul 31, 2007 9:48am
It will most likely consolidate - go down over the next few hours before it builds up enough energy - down to about 140ish - and then bounce from there
  • #12,236
  • Jul 31, 2007 9:53am Jul 31, 2007 9:53am
not sure but i believe i posted this earlier todays trading session:
Attached Image
BAM BAM BOOM! -bravado
  • #12,237
  • Jul 31, 2007 10:10am Jul 31, 2007 10:10am
Quoting bravado
unless you want someone to charge you money for these free materials.
maybe that'll make you think you are getting the real deal then.
You re very right.felt i really got noyhing ffrom the seminar I paid for and by far of less value compared to what I've learnt since discovering this site.

I hope to keep on improving...maybe get to your level someday.
  • #12,238
  • Jul 31, 2007 10:13am Jul 31, 2007 10:13am
Quoting PIPsminer
You re very right.felt i really got noyhing ffrom the seminar I paid for and by far of less value compared to what I've learnt since discovering this site.

I hope to keep on improving...maybe get to your level someday.
you WILL.
BAM BAM BOOM! -bravado
  • #12,239
  • Jul 31, 2007 10:15am Jul 31, 2007 10:15am
ok now i see the wedgie everyone was talking about.

interesting!
Attached Image
BAM BAM BOOM! -bravado
  • #12,240
  • Jul 31, 2007 10:16am Jul 31, 2007 10:16am
Dunno about losing energy, cant really measure that, but price crawls nicely into a before-mentoined-by someone-else wedge.
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