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

  • #1,461
  • May 17, 2011 6:36am May 17, 2011 6:36am
GBPJPY M5...cool
Attached Image (click to enlarge)
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  • #1,462
  • May 17, 2011 6:44am May 17, 2011 6:44am
GBPJPY H1...perfect setup..ultra high vol on top of Channel..followed by no demand bar
..................on the fundie side PK still on vacation:-)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 0777777.gif Size: 37 KB
  • #1,463
  • May 17, 2011 6:49am May 17, 2011 6:49am
Quoting B737Pilot
GBPJPY H1...perfect setup..ultra high vol on top of Channel..followed by no demand bar
..................on the fundie side PK still on vacation:-)
thank you
  • #1,464
  • May 17, 2011 6:52am May 17, 2011 6:52am
you're welc..
good day!
Quoting riko2705
thank you
  • #1,465
  • May 17, 2011 6:55am May 17, 2011 6:55am
Hmm.. .did not take short trade on geppy yet...

going to sit this one out just a bit to see what's happening...

the more i look at this thing the more it's looks like its turning around..

PA (close) above 134 will change my bias

Happy Pippin
  • #1,466
  • May 17, 2011 7:40am May 17, 2011 7:40am
Quoting Big Bruv
Hmm.. .did not take short trade on geppy yet...

going to sit this one out just a bit to see what's happening...

the more i look at this thing the more it's looks like its turning around..

PA (close) above 134 will change my bias

Happy Pippin
hi how are you ?
what it mean becuase i'm new in forex and i had 1000 loss today, sell again or buy sorry?
  • #1,467
  • May 17, 2011 7:42am May 17, 2011 7:42am
I respect any view..but going against this will be ignoring the positioning of Big money...who wants to do that:-)

http://www.forexfactory.com/attachme...1&d=1305632538
  • #1,468
  • May 17, 2011 7:48am May 17, 2011 7:48am
Bro, Pk still on vacation mode?

Quoting B737Pilot
I respect any view..but going against this will be ignoring the positioning of Big money...who wants to do that:-)
  • #1,469
  • May 17, 2011 7:50am May 17, 2011 7:50am
Don't trade GJ if you don't know how to deal with it. Learn with slow volatile like EU or UJ.



Quoting haroun
hi how are you ?
what it mean becuase i'm new in forex and i had 1000 loss today, sell again or buy sorry?
  • #1,470
  • May 17, 2011 7:54am May 17, 2011 7:54am
.......yes it's terrible!! I tried everything Yesterday...nothing works...3 weeks off is almost unhealthy..

Quoting PandoraBox
Bro, Pk still on vacation mode?
  • #1,471
  • May 17, 2011 7:57am May 17, 2011 7:57am
ohhhh geppy approaching lower TL ...R2 131.90.....MA 200 131.80
  • #1,472
  • May 17, 2011 8:08am May 17, 2011 8:08am
3 weeks off ? I think he go for vacation to enjoy the money. Pk made huge profit from EU after EU dropped from 1.49. Last year he make
$ 400k just from EU...

Pk....we go vacation when Europe on vacation mode. Now market still moving bro .



Quoting B737Pilot
.......yes it's terrible!! I tried everything Yesterday...nothing works...3 weeks off is almost unhealthy..
  • #1,473
  • May 17, 2011 8:14am May 17, 2011 8:14am
Quoting haroun
hi how are you ?
what it mean becuase i'm new in forex and i had 1000 loss today, sell again or buy sorry?
i would suggest you trade your own charts...


i'm just posting my own comments in the forum like everyone

my methods will be different to yours..

Happy Pippin
  • #1,474
  • May 17, 2011 8:24am May 17, 2011 8:24am
Good job!...VSA @its best...
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  • #1,475
  • May 17, 2011 8:26am May 17, 2011 8:26am
Quoting PandoraBox
Bro, Pk still on vacation mode?
Yes pb, I'm still on vac.
  • #1,476
  • Edited 1:28pm May 17, 2011 8:31am | Edited 1:28pm
My daily perspective remains bearish on geppy

I noticed rising volume on the 4 hr (not an experton volume)..so i took a pause instead of shorting @ 132.50 ish level..however the following hours have not really convincingly changed my mind...

still bearish on the dailys ( i posted chart before with reasons why im bearish)

Happy Pippin
  • #1,477
  • May 17, 2011 10:53am May 17, 2011 10:53am
..........last Chart of the day ...for Santa Claus to find my chimney



http://flightaware.com/resources/air...C+RWY+09/png/1
  • #1,478
  • May 17, 2011 12:41pm May 17, 2011 12:41pm
Quoting Big Bruv
My daily perspective remains bearish on geppy
I noticed rising volume on the 4 hr (not an experton volume)..so i took a pause instead of shorting @ 133.50 ish level..however the following hours have not really convincingly changed my mind...

still bearish on the dailys ( i posted chart before with reasons why im bearish)

Happy Pippin
come on...

daily=weekly= should 300-500pips up from ~130.30 ??

http://www.forexfactory.com/showthre...30#post4622330

p/s: that is what i advice before to see 2 level as well as this week close...Thus may seen more clearer....perhaps

cheers

g
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GY-weekly.JPG Size: 126 KB
  • #1,479
  • May 17, 2011 1:32pm May 17, 2011 1:32pm
Quoting grashid
come on...

daily=weekly= should 300-500pips up from ~130.30 ??

http://www.forexfactory.com/showthre...30#post4622330

p/s: that is what i advice before to see 2 level as well as this week close...Thus may seen more clearer....perhaps

cheers

g
yes you are correct in saying this week so far it looks to be rising but i only trade one way - that's the way of my bias (based on daily chart only)..it stops me from getting into trouble baby.

been on side lines as Pa goes up however i have taken a short at 132.50 with SL @ 133.20

Happy Pippin
  • #1,480
  • May 17, 2011 3:56pm May 17, 2011 3:56pm
hi --

grashid, pandora -

after a good re- evaluation, i think we are on hold for another 3 weeks or so-

pls marked 2 levels - 126.17 & 125.72 -

my view placed us right on that untest supp @ 125.72 !

above 134.00 i am OBV wrong,then you know what to do -

but keep watch that bottom supp-

after 125.72 we should visit 148 first target (weekly chart) before we will drop back to 139's --

this is purely only my view and pop in to say this -

i can be wrong - and break of 134 will confirm that !

take care !

G-
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