GBP/JPY :
In this case a medium term picture again ... hourly bars ... fib-archs ... moving averages ... parabolic stop and reverse ... standard MACD ... nothing special ...
Let's keep it simples as we can ...
All I have to say is okey-dokey ...
And you know the name of the games ... some of you might remember this view as it has been commented several times before ...
No ENTRIES no EXITS ... and it is a waste of time then ...
For today we have got a re-calculation for our beloved critical support zones at around 167.91 with confirmation keys in case of below 167.55 zone ...
No break no shake!
But once the market did cut below those critical zones ... then we can forget the upside for a while ... but I'm in the comfortable situation not to be forced to wait for things that are not very likely to happen ... and maybe we will go in standby mode soon ... although any corrective upside attempts should be limited for now ... can be expected to falter in 170.60 or 171.23 zone or even earlier with ease ...
Probably re-do procedures in case of higher corrective actions might be the key again ... ... let's see ... we will have a keen eye for that ...
;-|
In this case a medium term picture again ... hourly bars ... fib-archs ... moving averages ... parabolic stop and reverse ... standard MACD ... nothing special ...
Let's keep it simples as we can ...
All I have to say is okey-dokey ...
And you know the name of the games ... some of you might remember this view as it has been commented several times before ...
No ENTRIES no EXITS ... and it is a waste of time then ...
For today we have got a re-calculation for our beloved critical support zones at around 167.91 with confirmation keys in case of below 167.55 zone ...
No break no shake!
But once the market did cut below those critical zones ... then we can forget the upside for a while ... but I'm in the comfortable situation not to be forced to wait for things that are not very likely to happen ... and maybe we will go in standby mode soon ... although any corrective upside attempts should be limited for now ... can be expected to falter in 170.60 or 171.23 zone or even earlier with ease ...
Probably re-do procedures in case of higher corrective actions might be the key again ... ... let's see ... we will have a keen eye for that ...
;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts