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Daily GBP/JPY analysis

  • #14,241
  • Edited 7:13pm Dec 5, 2007 2:37pm | Edited 7:13pm
I wont be around much as I'm focusing on other things so I thought I'd post an update and leave it there.

Here are two previous posts that may still be in play.

This could be the second bounce back to 224 as described in the link below. Now possibly heading for 231.5.
http://www.forexfactory.com/showthre...44#post1734644

Also, some historical action.
http://www.forexfactory.com/showthre...32#post1723132

If 221/220 breaks then I would expect a huge drop. Remember that the analysis is done on the monthly so there needs to be some margin for error (i.e. don't take the number as being precise...100 pips either way is acceptable).

All the best!
  • #14,242
  • Dec 5, 2007 2:37pm Dec 5, 2007 2:37pm
Quoting alexw
Happy birthday zoran, miss your posts.

Alex
Hey alex, how did you know?
  • #14,243
  • Dec 5, 2007 5:32pm Dec 5, 2007 5:32pm
Happy Birthday Zoran..

So how many years young are you....Or shouldn't I ask lol.
  • #14,244
  • Dec 5, 2007 5:40pm Dec 5, 2007 5:40pm
Quoting Wolf.
Happy Birthday Zoran..

So how many years young are you.
Hey Chris!

Let's drink on Zoran's health and well being in the next year!

http://www.jubailforums.com/vb35/ima...rinks_wine.gif

Just jump in and have a toast on him!

http://www.jubailforums.com/vb35/ima.../woot_jump.gif We all wish you a happy birthday, Zoran!!

Greetz
Gnat
  • #14,245
  • Dec 5, 2007 5:44pm Dec 5, 2007 5:44pm
Quoting Gnat
Hey Chris!

Let's drink on Zoran's health and well being in the next year!

http://www.jubailforums.com/vb35/ima...rinks_wine.gif

Just jump in and have a toast on him!

http://www.jubailforums.com/vb35/ima.../woot_jump.gif We all wish you a happy birthday, Zoran!!

Greetz
Gnat
Hey Gnat sounds good to me....we should organise a party
  • #14,246
  • Dec 5, 2007 6:25pm Dec 5, 2007 6:25pm
Happy Bday Zoran,

I got s quick (I think) question for you. Long story short my main broker had a complaint lodged against them and I can no longer trade on that account using my mt4 charts right now. I have my fxcm account and the new chart package I just downloaded today. It is very basic when it comes to indicatoer and such. If I had to get premitive or basic if you wish on my charts what ema setting and such would you recommend?

Thanks
kevin
  • #14,247
  • Dec 5, 2007 6:39pm Dec 5, 2007 6:39pm
Quoting Wolf.
Happy Birthday Zoran..

So how many years young are you....Or shouldn't I ask lol.
Considering the time (UK), my birthday was two days ago. How old? Well, you reveal yours and I'll reveal mine. Deal?
  • #14,248
  • Dec 5, 2007 6:45pm Dec 5, 2007 6:45pm
Quoting kevinsw
Happy Bday Zoran,

I got s quick (I think) question for you. Long story short my main broker had a complaint lodged against them and I can no longer trade on that account using my mt4 charts right now. I have my fxcm account and the new chart package I just downloaded today. It is very basic when it comes to indicatoer and such. If I had to get premitive or basic if you wish on my charts what ema setting and such would you recommend?

Thanks
kevin
Hi Kevin

I'm not really an MA follower and I had them on my chart as an experiment. Hakuna is the MA master and you should probably ask him. My settings were 50 ema, 100 sma and 200 ema. All applied to close with shift 0.
  • #14,249
  • Dec 5, 2007 6:48pm Dec 5, 2007 6:48pm
Quoting Wolf.
Hey Gnat sounds good to me....we should organise a party
Sounds good, (Gnat, Wolf) make your way to my local and the pints are on me. Cheers!
  • #14,250
  • Dec 5, 2007 6:49pm Dec 5, 2007 6:49pm
Quoting Zoran
Hi Kevin

I'm not really an MA follower and I had them on my chart as an experiment. Hakuna is the MA master and you should probably ask him. My settings were 50 ema, 100 sma and 200 ema. All applied to close with shift 0.
Ok thanks, it kind of sucks having to set up all over again with out all the custom indecators and such. lol I have to learn things the basic way with fibs and such..

kevin
  • #14,251
  • Dec 5, 2007 6:57pm Dec 5, 2007 6:57pm
Quoting kevinsw
Ok thanks, it kind of sucks having to set up all over again with out all the custom indecators and such. lol I have to learn things the basic way with fibs and such..

kevin
You don't have to start over again. There are plenty of demo accounts you can open on MT4 and the settings should still remain the same.
  • #14,252
  • Dec 5, 2007 7:16pm Dec 5, 2007 7:16pm
Quoting Zoran
You don't have to start over again. There are plenty of demo accounts you can open on MT4 and the settings should still remain the same.
Don't get me wrong, I keep the mt4 open if only for my charts and such, I just don't like the drain on my system with both open. I will upgrade my computer next year beings it is some 3-4 years old now. I am just not ready to build it yet.

I figure it would be a good thing to learn the primitive ways so I enjoy all the custom stuff even more. Who knows, I might become a better trader by setting these up?

Thanks
kevin
  • #14,253
  • Dec 6, 2007 4:06am Dec 6, 2007 4:06am
I updated analyses for GBP/JPY and for USD/JPY at:

http://www.trading-fx.si/fx/sloanaliza.htm

nice trading, Grega
  • #14,254
  • Jan 6, 2008 11:42am Jan 6, 2008 11:42am
The 220 and 250 levels appear significant having shown major consolidation and reversal areas over the last 20 years. Last time this area was rejected in 1998 the pair made it down to 150. Could this happen again with the prospect of the interest differential narrowing?
Attached Image (click to enlarge)
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  • #14,255
  • Jan 8, 2008 6:38am Jan 8, 2008 6:38am
thought ...............................
Anyone think we are in a range.
  • #14,256
  • Jan 8, 2008 6:41am Jan 8, 2008 6:41am
Quoting Ted1983
The 220 and 250 levels appear significant having shown major consolidation and reversal areas over the last 20 years. Last time this area was rejected in 1998 the pair made it down to 150. Could this happen again with the prospect of the interest differential narrowing?
That's a pretty long timeframe. The carving out that bottom, I would be suprised to see another dip like that - but if yen strengthens...like that will happen...I guess it could.
  • #14,257
  • Jan 14, 2008 7:56am Jan 14, 2008 7:56am
Good thinking islander... I overstep bounds all the time I am waiting to get slizzapped..like a bull in a china shop best intentions though.

anywho here are my setting for gann on 1h hr gy and uy post a chart if you don;t mind after setting them so I can see if your look like mine post if you would with gann plus fibs.

I draw them from highs and lows and use them dynamically like on a floating wick I do pos and neg and go from there.

GY 1H 5.57 or 5.6

UY 1hr 1.67 or 1.7

GY d1 I am toying with 12.16 ish

Sizz

GU 1hr I am messing with 3.8-4 ... not sure... I THINK skunnys looks a lot different but since no one REALLY knows how to use them who knows... well Skunny I guess

I am trading them practice like break outs sorta.


Sizz.
  • #14,258
  • Jan 14, 2008 7:59am Jan 14, 2008 7:59am
Perhaps something like this......

Edit: these are +/- 3.0
Attached Image (click to enlarge)
Click to Enlarge Name: jan 14 gj 15m 1400.gif Size: 13 KB
Trading Levels with WRBs
  • #14,259
  • Jan 14, 2008 8:04am Jan 14, 2008 8:04am
Quoting Islander
Perhaps something like this......

Edit: these are +/- 3.0

ON the M15? hmm I will try that it looks gorgeous. Everything I was able to scrounge up about Gann said different setting for different things and different tps..something about vibrations and rotary systems

did you try 5.6 ish on the 1hr?

also there are rules I guess about things that would make me tend toward 3 over say 5.6 what are your thoughts? I basically went backwards and starting seeing lines and lining things up on a tf... then drawing mass gann lines and looking for thing that made sense to me

That is how i got where I did. looking for progressive s/r drawing the gann THEN figure out what setting it had to be on to get it done.
  • #14,260
  • Jan 14, 2008 8:07am Jan 14, 2008 8:07am
where can I find this Gann indicator?
Thank You
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