Will be closing up shop at 4 PM CST. Looks like we might be losing steam. I have tightned up the stop to 145.75.
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
Daily GBP/JPY analysis 16,618 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Adwa Daily GBP/JPY analysis 23 replies
Quoting Rusty_forexmanDislikedEUR/YEN - Hanging man candle on fridays chart. Also Doji/hanging man (more hanging man) on Weekly.
I think this baby is ready to be a short.
Also - USD/YEN is at 61.8% of move down from 122 to 109 at 116.60.
What you reckon?Ignored
Quoting IsotonicDislikednicely trending up...Ignored
Quoting IsotonicDislikedI'm not sure what technicals you're talking about here.
I see an opportunity to buy near the trendline soon.Ignored
Quoting IsotonicDislikedI don't wish to be disagreeable but:
1. Overbought relative to what? Or what time in 2003? Or what indicator? Is the relation reliable?
2. Wave patterns are highly subjective so use with caution (much like trendlines I guess).
3. How do you arrive at your price levels mentioned? From the red lines drawn perhaps?
I don't mean to be over critical here but for me the terminology you use is a bit vague.
On the other hand, I just see a classic trend with higher highs and higher lows that just needs to be followed... (I'm doing this on GBPJPY).Ignored
Quoting khaledDislikedThank you , i guess there is always a learning curve.Ignored
Quoting hidetherealDislikedThere is also divergence on this pair in the daily chart. I'm expecting a reversal.
http://i47.photobucket.com/albums/f1...thereal/54.gifIgnored