but a break here and then major support and june is sorted
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GBP/JPY, GBP/USD, and EUR/USD (technical analysis)
- #2,022
- Jun 14, 2011 6:24pm Jun 14, 2011 6:24pm
daily chart- GJ
i tihnk most will agree that we finally turn "b0oolish "
remmember about 133.00/133.30 level - we might get sort of a bearish attack at that level -but no idea upto where it will spike down , max low should be 130.50's ,
so any long play below 133.00 should have room for that ,and i dont see a problem either to short @ 133.00 for a quick dip
and when we finally break 133.00 - it WILL be a daily breakout candle-
my point of view, if not long already- plenty of time ,and even the safest and best play is actually to wait for that break of 133.00 level
BUT THATS PATIENCE !!! hats of for you-
you will be in profit from the beginning and will never go back - but 133.00/30 will act later as the right shoulder ( possibility) that means all the way upto 137/139 and then it can go back to 133.00 ---yes, annoying
this is my tradeplan- long already - add more break of 133.00 and going to take a gamble and load most of @ 137 and hope 133.00 will get tested again-- then ONE WAY FOR 145 - DONE ! will see whats happening after 145/147
but i do see also a other picture here ,and that is str8 upto 145/147 without coming back to 133.00 after 137 and then much later after we test 145 then come back ALL THE WAAY TO 133.00 - but doesnt matter
as long as we go up - happy bannanas
ps** intervention might give us this breakout candle out of 133.00 **
i tihnk most will agree that we finally turn "b0oolish "
remmember about 133.00/133.30 level - we might get sort of a bearish attack at that level -but no idea upto where it will spike down , max low should be 130.50's ,
so any long play below 133.00 should have room for that ,and i dont see a problem either to short @ 133.00 for a quick dip
and when we finally break 133.00 - it WILL be a daily breakout candle-
my point of view, if not long already- plenty of time ,and even the safest and best play is actually to wait for that break of 133.00 level
BUT THATS PATIENCE !!! hats of for you-
you will be in profit from the beginning and will never go back - but 133.00/30 will act later as the right shoulder ( possibility) that means all the way upto 137/139 and then it can go back to 133.00 ---yes, annoying
this is my tradeplan- long already - add more break of 133.00 and going to take a gamble and load most of @ 137 and hope 133.00 will get tested again-- then ONE WAY FOR 145 - DONE ! will see whats happening after 145/147
but i do see also a other picture here ,and that is str8 upto 145/147 without coming back to 133.00 after 137 and then much later after we test 145 then come back ALL THE WAAY TO 133.00 - but doesnt matter
as long as we go up - happy bannanas
ps** intervention might give us this breakout candle out of 133.00 **
- #2,029
- Jun 14, 2011 10:35pm Jun 14, 2011 10:35pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
same with E/U 4hr chart -- 800 SMA target's( daily or 4hr) - prob a huge bounce off that level - in the region of 1.4/1.41 -
but i only target 1.4290/80 for now
...i observed the same thing toohttp://www.forexfactory.com/showthre...81#post4681081
- #2,033
- Jun 15, 2011 7:59am Jun 15, 2011 7:59am
Hey Speed..1.4290 target was excellent!
Thank you for all those charts
i will get back in ,but dont know yet where ? 1.4350/1.4400 somewhere there -if it its going to have a pullback--
and if - next level is 1.4147 with no jokes - lol - i will reverse to longs @ 1.4147
we jsut broke the neckline of a H&S pattern-doubt we will have a deeper pullback here ,but lets see
- #2,034
- Jun 15, 2011 8:14am Jun 15, 2011 8:14am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
You better pray that the LTL(s) holds, otherwise your GJ long will become real short.
