GBP/JPY, GBP/USD, and EUR/USD (technical analysis) | Page 58 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/JPY, GBP/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies

Attachments: GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
Exit Attachments

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

  • #1,141
  • May 2, 2011 12:49am May 2, 2011 12:49am
I like trading gbpjpy now. looks like a lot of opportunities for long . :-)
The market will deceive you. Make your own judgement.
  • #1,142
  • May 2, 2011 3:42am May 2, 2011 3:42am
GJ : Price above gann on all TF from monthly down to 30min.
  • #1,143
  • May 2, 2011 5:19am May 2, 2011 5:19am
Quoting honeybhi
GJ : Price above gann on all TF from monthly down to 30min.

Finally Monthly Gann flip. Price above Monthly gann. This indication for Bull control the movement.

We are waiting for this since Nov 2007
  • #1,144
  • May 2, 2011 8:39am May 2, 2011 8:39am
Hi,

I'm a real beginner at the moment, still trading tiny amounts on UK spread betting account. I am learning TA pretty fast but am clueless when it comes to FA, I go on Bloomberg and try to make sense out of the articles related to currencies I want to trade, but can only seem to read news on things that have already happened on the charts.

Any of you guys got good advice on how I can get better at my FA?

Also, where can I read about Gann flips I can't seem to find any material on it?

Thanks
  • #1,145
  • May 2, 2011 10:33am May 2, 2011 10:33am
Quoting Rk33333
Hi,

I'm a real beginner at the moment, still trading tiny amounts on UK spread betting account. I am learning TA pretty fast but am clueless when it comes to FA, I go on Bloomberg and try to make sense out of the articles related to currencies I want to trade, but can only seem to read news on things that have already happened on the charts.

Any of you guys got good advice on how I can get better at my FA?

Also, where can I read about Gann flips I can't seem to find any material on it?

Thanks
stick to ta, and forget the news.

regarding gann flip: http://www.forexfactory.com/showthread.php?t=40582
read from beginning so you can get a better understanding on this.
strongly recommend not to use this in consolidation phase.
it works great in trending market.
  • #1,146
  • May 2, 2011 10:42am May 2, 2011 10:42am
Quoting PandoraBox
Finally Monthly Gann flip. Price above Monthly gann. This indication for Bull control the movement.

We are waiting for this since Nov 2007
picture of beauty will buy on the next major support gann pointing at 127 not buying just yet but still beautiful
  • #1,147
  • May 2, 2011 11:15am May 2, 2011 11:15am
Quoting PandoraBox
Finally Monthly Gann flip. Price above Monthly gann. This indication for Bull control the movement.

We are waiting for this since Nov 2007
monthly not able to close above 137.60 ...
135.50 again? n definetely will be stuck at ths are in this few day...b4....


133.80/90-132.80/90-132 only will trigger me to carefully observe and consider for buying dip with the confirmation at weekly close...otherwise i am going to play gold and euro n leave my Maria for a while.

i could be wrong as usual...n catch u later tomorrow mate

just my 2 cent...

g
  • #1,148
  • May 2, 2011 12:07pm May 2, 2011 12:07pm
Learn your technicals first, and then watch how most news is used as an excuse to push price in the direction as defined by technicals. I say most news, as sometimes, the unexpected does occur, but there is nothing that you can really do about this unless you have more than just a standard retailer's platform to work form.



Quoting Rk33333
Hi,

I'm a real beginner at the moment, still trading tiny amounts on UK spread betting account. I am learning TA pretty fast but am clueless when it comes to FA, I go on Bloomberg and try to make sense out of the articles related to currencies I want to trade, but can only seem to read news on things that have already happened on the charts.

Any of you guys got good advice on how I can get better at my FA?

Also, where can I read about Gann flips I can't seem to find any material on it?

Thanks
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #1,149
  • May 2, 2011 12:52pm May 2, 2011 12:52pm
possibilitey of touching the 136 again as per M15 chart
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 62 KB
  • #1,150
  • May 2, 2011 1:42pm May 2, 2011 1:42pm
Thanks Condor and Pkimnyc, I think before 2011 I didn't even know about forex trading! At the moment I stay away from intraday trading, I avoid the red events in the calendar if I can and I just bear in mind major news things going on in the background e.g. Eurozone debt, AUD and commodities going up because everything else is in trouble. I never bother with indicators. I usually just wait and wait until I see something that looks high probability on the daily, for example I'm long AUD/NZD right now because resistance became support and there was a fib level around that area too. Come to think of it, if it weren't for those few stupid impulse trades which I don't know why I did, I would be making profit by now as I think all the ones I spent some time planning so far were winners......
  • #1,151
  • May 2, 2011 4:14pm May 2, 2011 4:14pm
technical analyses for GU daily:

this daily pattern is a dark cloud cover.

http://www.candlesticker.com/Cs48.asp

Short, but thats it.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
  • #1,152
  • May 2, 2011 8:27pm May 2, 2011 8:27pm
Quoting peaches
technical analyses for GU daily:

this daily pattern is a dark cloud cover.

http://www.candlesticker.com/Cs48.asp

Short, but thats it.
whether you will take position a sell GU,?
only an analysis, and I'm always wrong, don't follow me,
  • #1,153
  • May 2, 2011 10:47pm May 2, 2011 10:47pm
after lessons from your analyses 12 winner trades in a row ty pk
  • #1,154
  • May 2, 2011 11:46pm May 2, 2011 11:46pm
ab=cd(inv)
Attached Image (click to enlarge)
Click to Enlarge Name: 15.gif Size: 17 KB
  • #1,155
  • May 3, 2011 12:11am May 3, 2011 12:11am
Quoting riko2705
after lessons from your analyses 12 winner trades in a row ty pk


Exits are as important as picking right entries as one of my good friends had advised me in the past.
  • #1,156
  • May 3, 2011 12:23am May 3, 2011 12:23am
Quoting andelumut
whether you will take position a sell GU,?

I was. But I`am not at this level of trading to use candlestick pattern only. In this case I use liteforex index for gbp (gbp/lfx) and fibo target 127. But pattern already may have played out and we see gu rising for fibo extension 167. But I prefer a drop till 1.643 to enter long.

If I see a true pattern, it is pretty powerfull. Pattern are the basic for my trading. Look at the harami and how it developed at post #

http://www.forexfactory.com/showpost...postcount=1139

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 21 KB
  • #1,157
  • May 3, 2011 1:50am May 3, 2011 1:50am
Quoting pkimnyc


Exits are as important as picking right entries as one of my good friends had advised me in the past.
sure he is right
good trading...
  • #1,158
  • May 3, 2011 4:07am May 3, 2011 4:07am
Quoting grashid
monthly not able to close above 137.60 ...
135.50 again? n definetely will be stuck at ths are in this few day...b4....


133.80/90-132.80/90-132 only will trigger me to carefully observe and consider for buying dip with the confirmation at weekly close...otherwise i am going to play gold and euro n leave my Maria for a while.

i could be wrong as usual...n catch u later tomorrow mate

just my 2 cent...

g
http://www.forexfactory.com/showpost...&postcount=844

here you go my latest update...bias remain same with ranging position until anyone gate open...

bb later tonight at NY open...cheers

g
Attached Image (click to enlarge)
Click to Enlarge Name: GY Ready.JPG Size: 121 KB
  • #1,159
  • May 3, 2011 6:29am May 3, 2011 6:29am
GJ at imp level.

If broken down ,next will be 130/131 area.
Attached Image (click to enlarge)
Click to Enlarge Name: gj4h.jpg Size: 78 KB
  • #1,160
  • May 3, 2011 7:02am May 3, 2011 7:02am
Daily has touched EMA 150 or EMA 50 the candle has crossed half

sell all the rallies
0 traders viewing now