Breeze....Update on GBP/JPY

neutral

DOW is down 40+ points.

also if you use TD trendlines - look at the 1h. we're sitting on a 1H support that is fairly steep. with 1h resistance at 205.00

eyes open

time to trade - bye for now

pipe up guys - share your thoughts

up to 205 based on 15 min chart

thanks for the coffee ;-)

no problem it was just an opinion

i hope to see second botom on daily chart...and start the new begining for the week

Ok people...can someone post some opinions about next move in the charts?

other charts...weekly, if you can see, this is similar like on the model - Falling Wedge (reversal)...and don`t forget that this is just my opinion.

come on traders, help me with some opinions on the charts that i post, thank you

hey snakemaster,

your charts and analysis look pretty darn good from here. G/J is at an interesting level here. Seems there is a lot of sentiment either way - and the price action shows that.

A big move up on news and almost all the way back down without a sniff.

I think todays close will be very important for the rest of the week - the DOW close also

Hi
thx breeze for all that you have done.
I wanted to know how you knew that it wasnt going any lower than 203?

I'm going to buy Grandpa a cute dog with my green little pips

pair is stuck in the middle of a bull bear battle. I am waiting for another extreme in my indicators prior to making another move. Prefferably a move to the downside.

Yen pairs will head down for a little while longer (1-2 weeks) during the yen repatriation (end of year for Japan). There will still be rallies as the banks search for liquidity to fill the demand for the yen. Be very wary of longs right now. Once the banks drive the price of a pair high enough to get the liquidity they need, price will drop quickly as their large orders get filled.

looking for a break down.

please tell me why i'm wrong!

maybe up...

Great Chart!!

What do you think of this?:

i think if it hold above 205.50 for couple of hours (H4) we will see the retrace finali...and go above 206

seems everyone is talking long... i just don't see it... perhaps i'm biased and i should sit this one out as to avoid hubris.