Daily GBP/JPY analysis

can some one tell me y there was a open window in 5 minutes just few moments back...

ohhh god....this is running like a beast...

had 8 legs out of which 7 legs are b/e
already took 500+ pips this week...
happy pippin...

guppie reached an interesting demand level with 38,2 and 50% fib confluence, but no reason to go long yet, just watching PA :nerd:

It is all short..look at 4 hour chart long down candles...why r u thinking of going long..please think of going short...

can you tell me y there was open window which was about 20+ pips on 5 mins.

was there any news?

thanks in advance....

where did you read about going long

the spike was cause by bad Philly Fed Manufacturing Index and then bond rally started

My hindsight is that it will be down for another 200 pips and it broke 200ema line in daily chart with strong down move...sry..i haven't read your mail properly....
Thnaks...for your information...

happy pippin...buddy...

in this post we said its 4 sale from 133 and take profit at 125
http://www.forexfactory.com/showthre...12#post5499612
before
http://www.forexfactory.com/attachme...5&d=1332371983

now long at 125 take profit at 128

Just an observation ...

Guppy going nowea after pounds pull to the downside and yen push to the upside...

my view on GJ.

this 23 fib could mean continuation.

guppy is the only yen pair that did not reach the 61,8% level so far

At the moment, I believe market in progress to complete major corrective wave B either refering to the alt counts in aqua, yellow or white. Favourably, I'm looking forward for a potential of bullish reversal trend scenario in yellow. A valid diagonal triangle pattern later would bolster to this scenario. Otherwise, we may see another extension of wave B in white. Good luck.

ichi:
http://www.kikkichimoku.com/blog/201...iornalier.html
http://gyazo.com/9700b673c65ed2d8cd41ff3defc2519a.png

At the moment, I'm looking forward for a potential of major bullish reversal trend scenario refering to the alt count in yellow. A bounce and a "bear trap" scenario would bolster to this sentiment. Otherwise, we may see a double bottom in white 1st. before a major reversal. Good luck.

update please

Fast...
http://gyazo.com/a6f245b927a17f8eb7ba51039c82b01d.png

Where did that huge spike come from in GBp/JPY? I bought on the bounce of a daily pivot and the price spiked about 60 pips within one minute!

Gbp vs Jpy (4H) - At the moment, I believe market in progress to perform a bullish retracement trend scenario either to complete subwave iv (yellow or white) or corrective wave a (aqua) before another bearish continuation trend scenario.


Eur vs Jpy (Weekly) - Preferably, I'm looking forward for a potential of bullish retracement trend scenario either to perform subwave 4 in yellow (truncated) or white before another bearish continuation trend scenario. Good luck.

The week ahead is not as clearly cut as it often is. First of all, there could be a significant spill-over of the Greek situation from the last week. We assume one way or another the markets will have moved on by the mid-week period. Tuesday and Wednesday will see the U.S. highlight of the week with the FOMC meeting and Bernanke press conference. Recent data suggest that the U.S. economy might be starting to slow somewhat and the Fed is under pressure to respond in some way. With interest rates already at rock-bottom levels, they have no room to lower rates. Astute observers are expecting some sort of Quantitative Easing (QE3?), however that program is so politically charged that they might have call it something else. Another possibility is an extension of Operation Twist (OT), but we have no idea what this has accomplished so far. U.S. monetary policy should be a principal forex trading theme.

Another strong market influence could come from German data. The German ZEW Survey is set for release on Tuesday. It is a survey of fund managers and thus tends to be volatile, but does reflect current market sentiment. The German IFO survey gets released on Friday. It can be the most important piece of EZ data in the month. It is much broader that the ZEW survey as it includes a large number of firms. Recent IFO survey data have finally started to show that the German economy has been slowing. The German IFO Survey index is one of the most important market-moving pieces of data in the month for forex markets.