213.42
and R2 at:
213.89
It is looking strong....like it might go thru R1.
Looks like Level stop reverse is indicating a Take Profit of 60 which would put my TP at 213.24.
Anybody concur?
Life's a bitch....so be a dog and cover it!
QQE on metatrader 0 replies
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DislikedIn my 15M chart QQE60 just crossing as well QQE5. It is touching Gann HiLO line 10. Hope it is continue, but today market is kind of slow...thinking which way...Ignored
DislikedLong from 212.30.
Won't see any north of R1, so TP'ing out at 213.45
I doubt we'll break the Resistance of R1.
If we do, I'd be surprised.
Won't make a HH from the peak on this move up, on the retrace down.
CCI is already falling back to 0 and Stoch is leveling as well. not good signs. Bulls are weakening.Ignored
DislikedWell, tell it to move up at least another 50 pips before deciding to hand it over to the bears. haha.Ignored
DislikedJust thought I would share this with you guys it is consistent with your analysis....looking at a Head and Shoulders forming....I have T/P at 211.00 and Short at 213.00
EnjoyIgnored
Disliked211 just because it's the S2 area ?
Or because it's the 161.8 Fib extension of this last push down ?
Just curious how you picked that point ?
I would think 210.80, as it's the 161.8 fib Ext area.Ignored
DislikedHOLY CRAP at the down movement. Is this due to BOJ Chair speaking, saying something to effect it? Should have taken my first buy TP at 60 pips... changed it back o 60 now... maybe it's too late though.Ignored
Dislikedhehe..yeah scared the crap outta me too Thought it might be my broker doing a little pip huntingIgnored
DislikedAnd holy crap look at the fast move up now haha. Well... First Buy TP +60 hit now because of that. ^^ Worst I'll do now for this session is BE at +0 if my second Buy trade hits SL of -60.Ignored
DislikedYeah...scary stuff....closed my one trade out at 212.84...sitting at a loss on the other....lets see what the next 20mins bringsIgnored
DislikedI like to give myself a buffer zone, my target is 210.80, I have a 9 pip spread, then I give myself a 10 pip buffer in case it does not reach my target, in this case I just rounded it off to 211.00....
With the volatility of GBP/JPY there is no need to be greedy..
Hope that answers your question
ZackIgnored
DislikedHello dogbreath,
I am from EU, but going there this Year.
It si still holdng a 213.00, QQE5 on 15M chart crossed , but QQE60 is sitting above the line.
It is true that retrace is not on the way, just market is unpredictable, so it will go down, but.........Ignored
DislikedPhew!! Got out of that one unscathed for a few pips profit!
Think I will sit out a bit and see how the BOJ announcement effects things.
Have a great trip ! Be careful where you go though....don't go off the "beaten track"....it is very dangerous there right now.Ignored