GBP/JPY for QQE Traders! | Page 83 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

QQE on metatrader 0 replies

QQE Gann Indicator 1 reply

qqe help 3 replies

QzFX vs. QQE 5 replies

QQE and Gann Hi Lo Indicator 3 replies

Attachments: GBP/JPY for QQE Traders!
Exit Attachments

GBP/JPY for QQE Traders!

  • #1,641
  • Edited 8:20pm Feb 18, 2008 8:07pm | Edited 8:20pm
Quoting Nobitacu
Same as mine. At least we know for sure today we're correct with our pivots. ^^
I like that too.
  • #1,642
  • Feb 18, 2008 8:14pm Feb 18, 2008 8:14pm
It seems that lately, when thinks look to do one thing, they have done the opposite. Kind of a weird chain of events over the past 2-3 weeks. Everything is certainly pointing lower, and I am short for the time being, until about 210.50. Beyond that, who knows... I sure hope 209.anything is in the cards for tonight. I am trading what I see, but that hasn't been so accurate lately. Anybody else had that problem?
  • #1,643
  • Feb 18, 2008 8:25pm Feb 18, 2008 8:25pm
Just want to update I just entered a trade that was confirmed by M15/M5 Twin Brother.
  • #1,644
  • Feb 18, 2008 8:27pm Feb 18, 2008 8:27pm
Quoting Nobitacu
Just want to update I just entered a trade that was confirmed by M15/M5 Twin Brother.
Do Tell Nobi !

211.02, the 23.6 rretracement fib is working over time holding price down.
  • #1,645
  • Feb 18, 2008 8:29pm Feb 18, 2008 8:29pm
Here is my best guess on it a break to the upside is sumfin I'm not ruling out but it might pop just opposite of what I think.

http://img443.imageshack.us/img443/5434/gbpjpyea4.png
Check Mate GAME OVER
  • #1,646
  • Feb 18, 2008 8:30pm Feb 18, 2008 8:30pm
Quoting kujo17
Do Tell Nobi !

211.02, the 23.6 rretracement fib is working over time holding price down.
@211.06, SL 60, TP R1 minus spread.

We'll see what happens from here, hopefully it breaks that 61.8 fibo on M15, which is also 38.2 on H1. ^^
  • #1,647
  • Feb 18, 2008 8:50pm Feb 18, 2008 8:50pm
Wow, look at that drop! lol. It doesn't like me I guess. Go back up? Keep going down? lol, we'll see...
  • #1,648
  • Feb 18, 2008 8:57pm Feb 18, 2008 8:57pm
209.5........ then up.
  • #1,649
  • Feb 18, 2008 9:00pm Feb 18, 2008 9:00pm
Quoting Nobitacu
Wow, look at that drop! lol. It doesn't like me I guess. Go back up? Keep going down? lol, we'll see...
LOL i was long at 211.03 also but now closed my positions at 210.84. Closed and Reversed to BEAR now!!!
  • #1,650
  • Edited 9:27pm Feb 18, 2008 9:12pm | Edited 9:27pm
Yup yup, should have kept my Sell open earlier. =P But I entered a Sell again with new confirmation.
  • #1,651
  • Feb 18, 2008 9:35pm Feb 18, 2008 9:35pm
I jumped out a little early, as I expected some resistance as it broke 210.70 and 210.50, but my profit is still my profit. Will watch for the bounce up from 209.5. I love this pair...
  • #1,652
  • Feb 18, 2008 9:43pm Feb 18, 2008 9:43pm
Morning kujo. I hope you enjoyed your birthday yesterday. Well there weren't so many pips to be taken. When do you think she'll turnaround and start heading North? With no options expiration and no major news? Oh! while on that one please give me the link to Dow and would mind dropping a line or so on how the whole thing works? I mean the Dow with respect to GBPJPY. Thanks
All the best things in life are free.
  • #1,653
  • Feb 18, 2008 10:18pm Feb 18, 2008 10:18pm
Quoting fx_lane
Morning kujo. I hope you enjoyed your birthday yesterday. Well there weren't so many pips to be taken. When do you think she'll turnaround and start heading North? With no options expiration and no major news? Oh! while on that one please give me the link to Dow and would mind dropping a line or so on how the whole thing works? I mean the Dow with respect to GBPJPY. Thanks
Here's a link to Bloomberg where you can check the Dow live. http://www.bloomberg.com/
  • #1,654
  • Feb 18, 2008 10:20pm Feb 18, 2008 10:20pm
No one wanted to believe.......
  • #1,655
  • Feb 18, 2008 10:21pm Feb 18, 2008 10:21pm
you can also check out http://finance.yahoo.com/marketupdate/overview?u not sure of the delay time but good info

Kujo, you called a down move and I did agree and took profit, but i am not totally sure we will see the 209.5 level. Maybe.....
210.00 is a big pysch level, so a bounce for there may be more likely.
Either way, up seems to be good, but there are a lot of announcements this week that can do "things". lol
  • #1,656
  • Feb 18, 2008 10:25pm Feb 18, 2008 10:25pm
Quoting fx_lane
Morning kujo. I hope you enjoyed your birthday yesterday. Well there weren't so many pips to be taken. When do you think she'll turnaround and start heading North? With no options expiration and no major news? Oh! while on that one please give me the link to Dow and would mind dropping a line or so on how the whole thing works? I mean the Dow with respect to GBPJPY. Thanks
Options did expire on Saturday.
If the Dow decides to TANK tomorrow am, the GJ usually goes with it.

Funny, how it mirrors the Dow quite a bit.

I think 209.5-209.0 will be our bottom.

But, 209.18 is S3, with a good break of S2 at 209.86 we'll see that probably.

209.86 is also the 50Fib retrace of the last move up and if it really went south, we could touch 208.95, which is 61.8 fib of that last big move up.

I'll set TPs at 209.25, just above S3 for safety.
Then, see what she's looking to do and then go Long from there.
  • #1,657
  • Feb 18, 2008 10:32pm Feb 18, 2008 10:32pm
Kujo,
If this pair was a "she", it would never move more than 5 pips either way.
no way to make up her mind.
This pair is clearly a he, going 100% one way and then 100% the opposite way to make up for the bad choice in the first place.
Just my .02
LOL
  • #1,658
  • Feb 18, 2008 10:38pm Feb 18, 2008 10:38pm
Kujo Don't you think that if it closes above 210.5 it might be lazy to head back South?
All the best things in life are free.
  • #1,659
  • Feb 18, 2008 10:45pm Feb 18, 2008 10:45pm
Quoting PipAV8tor
Kujo,
If this pair was a "she", it would never move more than 5 pips either way.
no way to make up her mind.
This pair is clearly a he, going 100% one way and then 100% the opposite way to make up for the bad choice in the first place.
Just my .02
LOL
good one...... !
  • #1,660
  • Feb 18, 2008 10:46pm Feb 18, 2008 10:46pm
Quoting fx_lane
Kujo Don't you think that if it closes above 210.5 it might be lazy to head back South?
If it goes back up and closes above the 210.56 Weekly Pivot, I think we'd be hard pressed to get to 209.5 yes.

But, if we get another 1H close below S1 and a close below the last LL, we're good to go south.

I'm awaiting this next 1H bar to close to decide.
4 traders viewing now